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Orderblock

AUDCAD enter short position for 60 pips/ (ORDER BLOCK/ WYCKOFF) This may go further south than 92.5 (TP). Use proper risk management of course. The daily ATR was a lil less than 40pips. I'm moving my initial stop of (SL 93.5) to a 10 pip trailing stop after I'm in the black by 30 pips (dependent on the volatility at that time).. Cheers!! Hope it works out. The market can do a billion different things from one min to the next. Always exercise your own due diligence when investing real capital. ]Not Investment Advice.
Short
by Joedub6
1
(NZD/USD) Potential Long Term Move Down V1This is a Daily Timeframe perspective. The Market has just tested a strong Bearish Ordeblockwhich is supposed to hold the market down. We also made a deceleration, going from a bullish market which is now a bearish market. The black lines that are drawn on the chart, is Sell Side Liquidity which are attractive targets where the majority of Orders lay in the market, The yellow areas are imbalances, where the market has moved too fast, creating inefficiency, so the market should fill a lot of these yellow areas. Another attractive area which the market wants to mitigate. The blue area marked up all the way down is a bullish Orderblock, which could be a potential reaction point. I don't know how far the market will drop, but I do expect a lot of these areas to get filled.
Short
by Bastianelton