Going long GBPCAD. Bullish price action on all time frames.
Potential for longs should we see price break and test these levels to the long side. Daily looking bullish, strong rejection at prior support.
Price is a little bit choppy at the moment. The 4H has recently broken structure to the upside, so we can expect a pullback. This looks to be confirmed with the 15m switching bearish. I will look to position for shorts should price pullback into my Supply zones
Price is Bearish on all time frames (Daily, 4H, 15M). There are some short intraday opportunities to trade the 4H pullback long but ideally I will be looking to position myself short at 15m Supply Zones.
All time frames are Bullish (Daily, 4H, 15M). We can expect to start seeing price pullback on the 4h, which gives great long opportunities on the 15m when price reach both 15m & 4H combined Supply zones.
Price is Bearish on all time frames (Daily, 4H, 15m). There has been a BOS on both the Daily & 4H so we can expect to see a pullback. 15m Price action suggests we could see a trend change soon as price starts to descend suggesting weakness. The high probability trade will be to wait for the 15m to switch Bullish and then trade both the 4H and Daily pullbacks.
Price is Bullish on all time frames (Daily,4h,15m). IF price pulls back to the Demand zones that rest below I will be looking to get positioned long. Important to note that higher term time frame is at play here as we could see a deeper pullback on the 4h back to the Demand Chain prior to moving higher. This will look like a trend change on the 15m, so I would...
All time frames are now bearish (15m, 4h, Daily) with all of them breaking structure to the downside. We can expect price to begin pulling back to the Supply Zones above at which point I will be looking to enter the market short.
Daily & 4h remains Bearish. There was a recent BOS on the Daily so its reasonable to expect price to pullback in the near future. The 15m has recently switched bullish and currently respecting a minor Demand Chain. There is also 4h Supply that is in the way of price breaking to the upside. If price runs the high causing 4h Supply to fail, I will then look to...
Price is Bullish on the Daily, 4h and 15m thus providing fantastic long opportunities. The 4h Demand chain continues to hold with another Demand chain forming on the 15m after a liquidity sweep. If price returns to this Demand zone, I will look to take longs provided my entry criteria are met.
Overall price is bearish on the Daily. Price is starting to range on both the 4H and 15m with no real commitment to either the upside or downside. As a result (and it being Monday) I will wait to see what happens next before getting involved
Price continues to pullback on the Daily & 4H chart. If price returns to the 15m Demand zones, i'll look to take longs into 4H Supply. If price reaches into 4H supply first, I wait to see what happens next. Today is NFP so will not be trading the London session due to volatility and spread
There has been a recent BOS to the downside on both the Daily and 4H. So it's reasonable to expect a pullback on those time frames. The 15m has now switch Bullish suggesting that the pullback is now in play. If price returns to my Demand levels I will look to take longs.
Both the Daily, 4H and 15m are Bearish. I will be looking to take shorts at the potential Supply Zones above. If price returns to the first zone, i'm expecting this to get spiked due to Liquidity resting above. If I see a clean sweep of this LQ, ill look to get in aggressively, if price runs his Supply I will look for my entry model at the extreme.
Daily is Bullish, 4h Bullish and 15m recently switched Bullish. 4h Demand chain appears to be holding and will now look for longs on 15m demand zones.
Daily and 4h are bearish. 15m currently Bullish, however price is running into 4h Supply. If I see a strong reaction to 4h Supply and the 15m switches bearish I will look to take shorts. Important - RBA announcement later today, so wont be taking any trades 1h before or after the news.
There has been a weak reaction to 4H Demand suggesting this could fail. 15m has also switched bearish indicating we might see lower prices. If price pulls back into either of my zones I will be looking for entries to go short.
Price has pulled back and now reacting to 4h Demand, we could see longs from here. 15m recently broke structure to the downside which is now in conflict with HTF order flow. If price continues to break down on the 15m, I will then look for shorts, however if price switches bullish on the 15m, I will then look for longs.