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Euro / U.S. Dollar
Updated

EURUSD 3 Nov 2023 Intraday Analysis - NFP Day

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This is my Intraday analysis on EURUSD for 3 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:

  1. 4H
  2. 15m



4H Chart Analysis

https://tradingview.sweetlogin.com/x/4UToG2b6/

1.

  • Bullish Swing
  • Bullish INT


2.

  • After sweeping the liquidity down there the Swing continuation is solid now for more upside and targeting the Swing High and more.
  • We reacted yesterday from the supply zone that formed to sweep the liquidity but there is a high probability that we will break this zone to target the Swing High.


3.
  • 4H Demand zone could hold the price to continue up after sweeping liquidity on the left.


15m Chart Analysis

https://tradingview.sweetlogin.com/x/Nq8apBCb/

1.

  • Swing Bullish
  • Internal Bullish


2.

  • After the last iBOS, price reacted from 15m Supply that caused the bearish iBOS to facilitate the bullish iBOS pullback.
  • INT Structure holding bullish continue the bullish swing continuation.


3.

  • 4H Demand zone which includes 15m Demand zones that can provide potential buys to continue bullish.
  • I don't think that price can pullback all the way down to the 15m demand which is a sign of weakness, instead i'm looking for breaks to the upside from here and continuation today.

Note
2 Entries on EURUSD on 1 Nov after sweeping the 4H Liquidity and 15m iBOS Confirmation. NFP played to reach the target.

snapshot

Video : x.com/amrsadek/status/1720680408944193548?s=20
Amr-Sadek
Also on:
Chart PatternsEUREURUSDintradayliquiditynfpsmartmoneyconceptSMCstructureSupply and DemandTrend AnalysisUSD

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsEUREURUSDintradayliquiditynfpsmartmoneyconceptSMCstructureSupply and DemandTrend AnalysisUSD
Amr-Sadek
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.