EURAUD Trade Update - Short Order Block - November 20, 2019EURAUD - Previously posted an earlier shorting opportunity, price broke and continued upward.
- One the daily, we see a a block created a while back after breaking equal highs.
- The short opportunity that was earlier posted created equal highs to break which price is in the process of doing so. Looking to enter right were previous highs were broken at around 1.63700.
Order
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.
BTCUSD 3Day Order Block - November 12, 20193Day order block.
- Entry around 8250, Price has broken trend and momentum is slowly getting to our entry point. As this is on a higher time frame, DO NOT be in a rush to get in. Price will land, create support, and move in a timely manner. Equal highs are outlined. People like to hold bitcoin but it is safer to jump in and out.
GBPAUD 8 hour Bullish Block - November 12, 2019Price has broken out of trend
Looking for a retest. Critical level .87000 shows as a favorable entry
Two blocks are lined up where this retest could occur.
Equal highs pointed above
Price may come down lower and form a double bottom
- On the daily a k-tail is shown at around .87000 from several days ago.
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.