Swing Trading for EICHERMOT

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Multi-Timeframe Market Analysis

🕐 1-Hour Chart (Higher Timeframe – HTF)
Trend: Bullish

Structure: The market recently formed a Break of Structure (BOS) by taking out the previous swing high.

Retracement: Price has retraced to the 72% Fibonacci level, indicating a potential area for continuation of the uptrend.

Key Zone: Price has now tapped into a significant 1H Order Block (OB), which may act as a strong support zone.

🕒 15-Minute Chart (Mid Timeframe – MTF)

Change of Character (ChoCh): A bullish ChoCh has occurred, signaling a shift in internal structure from bearish to bullish.

Implication: This confirms alignment with the bullish HTF trend and strengthens the case for a potential long entry.

🕐📉 Lower Timeframe (3-Minute or 1-Minute – LTF)

Confirmation Required: Wait for one of the following before entering:

ChoCh (bullish structure shift)

Flip Zone (resistance turning into support)

Entry Strategy: Enter a long position after confirmation from LTF price action.

Stop Loss: Place below the LTF swing low or the 1H OB (based on risk tolerance).

Target: Previous 1H high or next significant liquidity level.

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