Legacyshift
USDCAD LONG
Dropped this mark up on the 10th Nov
Most of my community took it when it broke struture
but we got the second chance during asain market currently 50 pips in profit.
so if you manged the first move which was about 90-97pips you could have closed out and re-entered at entry
Im holding two postions looking for a big swing back to the upside
US30/Dow Jones Long opportunityPrice has created a W formation giving indication that price could be ready to continue its move to the upside
I will be waiting for a break close and retest taking this up to the next zone
I would find my entry on the low time frame looking for microstructure breaks
London session retested order block at yesterdays low and has been following order taking out previous short term lows
A few targets in mind
1. Yesterdays high
2.Wednesday H1 OB (most likely next week)
3.Monday high
FTSE100/UK100 Long SetupOut of all the indices UK is the last one to full recover from Covid Short.
There are a number of factors which caused this slow recovery
1.Brexit 2.Multiple Lockdowns I'm sure others can think of many more.
Based on this I have a strong long biase
I am looking for some form of retracement to enter and continue to the high pre covid
with December fast approaching Im not totally certain that this will have enough
momentum to move back to the high so this could potentially play out in Q1 2022