Order-block
EURNZD Bullish 30 min block - November 15, 2019EURNZD 30 min bullish block.
- Overall NZD is bullish in my opinion so this trade makes more since on a lower timeframe.
- We see a break of equal lows, and a third touch to a minor uptrend. We would take our trade to 1.73200 and possibly the 1.73700 point before heading back down.
EURCAD 4 hour Bearish Block - November 12, 2019EURCAD is setting up for a solid short at around critical level 1.46000, look to short between 1.45900 and 1.46000. Price broke equal highs, marked in pink, to set up our block on the 4 hour with a strong bearish move breaking trend. We are looking at a retest to our entry point before seeing a great move downward. Entry is also within key fib level 61.8 and 71.
EURAUD 12 hour Sell Limit Block - November 11, 2019EURAUD 12 hour block. Looking for third touch on the trendline. Block identified on 12 hour with bearish engulfing candle breaking lows. Equal highs identified where price is nearing to pass. I also identified a previous block, which adds strength in my opinion and a strong SL to protect the trade. Price may come down to bullish block or further down before heading up.
GBP/AUD - SHORTLate getting in on this one but pips are currently going my way and think they could carry on.
If this closes out over the 50% mark ill probably shave some off
1H OB area took the stops and closed below so was confident with entering
Moved my SL just ahead of break even
Maybe 200+ pips
Watching DAILY to pullback on a BUY order blockLiquidity area of 1.05000 (red rectangle) was reached in the last up impulsive move (blue line), breaking the downtrend structure. Since then, a pullback is under developing. We should expect new buy orders around 1.04000 (blue rectangle), and I'm aiming for long term targets as explained on the monthly related idea.
Short Cable at the 1.6180 Institutional LevelI believe we are up for a sell on cable since price is reaching a current range top. Clear bearish order block around the 1.6160 level. also a clear resistance level form weekly and daily charts. GBPUSD has a bearish outlook since market structure is in line with the 9 & 18 Emas on the daily time frame. Big boys are still short in this pair.