Mr_OmogoloLekgaba

Mr_OmogoloLekgaba

Looking to re-enter on EURCAD because we had identified an OB on the 1HR timeframe and we seen that there is liquidity that needs to swept as well an fair value gap that needs to be filled thus making this trade an B+ SETUP in my books. Now we have seen that price has retraced back to my ob, has swept liquidity and has filled the fvg meaning we should ow nter and...

Mr_OmogoloLekgaba

waiting for price sweep liquidity and to mitigate the 30mTF OB i have identified then we reverse and head towards the tp and potential surpass the take profit set

Mr_OmogoloLekgaba

GBPCAD is already in a short trade but the a potential for one to scale back in once liquidity is sweeped the OB above to mitigated

Mr_OmogoloLekgaba

Looking for price to retrace back to a potential price level, reverse and continue heading up

Mr_OmogoloLekgaba

as we can see on the chart liquidity is being sweeped and and approaching our unmitigated order block, therefore we should expect buys

Mr_OmogoloLekgaba

(WEEKLY TIME FRAME ANALYISIS) As we can see on the ger30 chart on the weekly timeframe it shows that it started a bullish movement to the upside ever-since thursday 03 oct. trendline placed was broken out off and continued going to the upside up until a particularly strong resistance area at price level 13496.23. when i headed down to the lower timeframes it...

Mr_OmogoloLekgaba

GBPCAD reversed a few days ago as when you look back to the daily timeframe an inverse head and shoulder is shown it impulsed and was currently going through a correction but its now continuing to the upside

Mr_OmogoloLekgaba

As we can see on the 4hour timeframe we see a double top structure forming and overally it has reached new highs When we go in to the daily timeframe it is visible that a head and shoulder is forming