We were taken out initially so we re-enter again and see how price reacts from this last point of demand
We saw a clear BOS around may the previous highest high and we have retested the order block there and we formed another 4h order block from which we are selling using the sellers bias candle!
We have seen a clear bearish structure overall on the higher timeframe on this pair and we have currently tested a clear supply zone and we currently are seeing sellers in control of the market but this pair might get to reverse during london session to take out the asian highs but we will see use good risk management. Note consequent updates on this pair will be...
Currently we are looking to buy to sell as overall trend is bearish and we might see it changing to a bullish market soon but for now we will be looking to see how the market reacts to the demand zone, if it doesn't hold then we will look to seek an entry at a lower discounted area. Short term = Uptrend Long Term = Downtrend Money management remember!!!!!!!!!
We have clearly seen a respect from the HT supply zone and we are currently seeing the sellers in control but we will watch closely to see what happens during the london session to see if we will se a further decline in price.
We are looking at a very clear BOS on the 1hr time frame and we are seeing price respecting the supply zone as well, noting also for a fact that sellers are now in control we are going to be buying from that zone and hope to see how price reacts from the demand zone for a buy if no reaction is seen then we will ride this pair all the way down to the previous daily low.
We have seen a clear HT demand zone holding price over the asian session and we are now currently seeing buyers in control of the momentum and knowing fully well we are in an uptrend long term we will buy from this zone and most likely the buyer's momentum will become very strong going into the london session.
We are clearly going bullish short term on this trade with the possibilities of seeing this market selling off from a HTF supply zone. we have seen a classical BOS on the HTF and we are now buying from the point of buyers presence.
As we can see price took us out initially now we are seeing another confirmation for a buy going into NY session so we will look to see how this plays out.
Currently seeing price holding within the higher supply zone and as well in the lower timeframe zones, so I will be looking to sell this pair to the 1.080 price area
I'm currently seeing the supply zone holding price within that area and pushing it further down with a strong bearish impulsive leg to the 150 price area
We have see clearly that price has broken our demand zone and we are now in our last point of demand on EURCAD so therefore we will now look to see price make a higher low from this zone or break it further continuing the downward trend.
Cheers!! guys I'm giving out this free trade setup for the month and I believe we all will benefit from it and note once I get tapped in on this trade I look to see a clear movement to put my stop loss at breakeven immediately and watch the price move swiftly. Meanwhile note that EURO is gaining back momentum slowly!
We have seen a clear bearish break and a new bullish momentum impacting this currency pair and we look to buy from a valid demand zone and ride the trend as it is set to make new highs and higher lows.
We have seen a clear bearish structure from last month and currently we are still in the bearish zone and we have seen multiple bearish confirmation as price surges upwards we are currently in a bearish zone looking to see price drop from the supply zone of the 1hr timeframe having gotten a lower timeframe confirmation we are currently bearish on USDCAD for the long run
We have seen a clear bearish structure on the lower timeframe so we look to buy NZD to clear the previous daily high
We have see a clear bearish structure and we are selling CHFJPY currently to the previous daily low, Swing Trading Simplified.
As we earlier saw the EURGBP pair making a strong bullish structure which remained firm we have then selected our demand zone from where we will buy the market into the next higher high. Swing trading Simplified