Hello guys, here Is my view on EURUSD
Price is on a bearish trend by a bullish reversal is currently in place.
After yesterday's london session bullishness, New York gave a retracement to the bullish order block where I am now looking to buy from
Please note that the overall price movement on a larger timeframe is bearish..
So, let's see how this goes...
Hello guys, here's my view on AUDCAD.
Price has broken previous high, creating a BMS (BREAK IN MARKET STRUCTURE) then heading back for a return to order block (RTO)
IF PRICE successfully mitigates bullish order block, we should get a higher price level.
Setup is invalid if price breaks that low.
Risk to reward: 1:3
Entry: 0.91668
SL; 0.91568
A bearish institutional trend coupled with a retracement into a bearish order block filling up the liquidity void created, I expect price to take sell side liquidity, continuing it's previous move.
If price breaks the first point of interest, I'll be looking to short at the second POI..
If price remains bullish above both POIs then setup is invalid, I'll be...
A bearish institutional trend coupled with a retracement into a bearish order block, I expect price to take sell side liquidity, continuing it's previous move.
If price breaks the first point of interest, I'll be looking to short at the second POI..
If price remains bullish above both POIs then setup is invalid, I'll be looking to reanalyze the pair.
Hello Trader, here is my thought on GBPNZD
Price has mitigated a Bullish order block, but before that, it took out liquidity on 1.92600
I expect price to go bullish taking out the previous high, in continuation of its bullish trend.
Please do not hesitate to make your idea known in the comment section....
Last week's trade played out perfectly, although it is not an indication that this week's will, however, i expect price to play out,
Price to retrace to Breaker Block and a shorting from there
R:R 1:4.2
Price has continued to take out highs, where liquidities are rested... looking at how price took out the liquidity below and rallied to the upside, a mitigation is expected on the last bearish candle before the rally up.
1.5785 First Profit Target, R:R 1:4.3
1.5970 Overall Profit Target, R:R 1:7.69
