EURCAD Long
Updated
1. Price rejected at the H4 fair value gap denoted as the H4 Buyside.
2. Price went down to the H4 orderblock going below the H4 fair value gap (in yellow)
3. Price has also tested the H4 Orderblock open nicely.
4. I am expecting price to go upto the H4 buyside to fill that wick.
5. H4 has also confirmed nicely with a powerful bullish hammer
6. On M15 I would expect price to test the H4 Fair value gap and treat it as 'support' thereby acting as an inversion Fair value gap for price to continue bullish
2. Price went down to the H4 orderblock going below the H4 fair value gap (in yellow)
3. Price has also tested the H4 Orderblock open nicely.
4. I am expecting price to go upto the H4 buyside to fill that wick.
5. H4 has also confirmed nicely with a powerful bullish hammer
6. On M15 I would expect price to test the H4 Fair value gap and treat it as 'support' thereby acting as an inversion Fair value gap for price to continue bullish
Trade closed: stop reached
stoploss hitthere was no significant change in the state of delivery hence why the setup failed
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.