Price on our POI. Price to test on the 50/61.8 fib retracement level using the M1. SL below demand zone and TP @ 97.141
Price in a bullish direction. Price currently find stability on the demand zone(POI) before shooting up. o Fair value gap, demand mitigation, M15 BOS, EMA cross above. Use M15 to place SL and TP @ 18.05546
Continuation of bearish trend. BOS of the low. Supply zone @ 1.31239 - 1.31171. Bullish trend-line(liquidity). Wait for the 15 EMA to cross below in the M1 for entries. SL @ 1.31187 TP @ 1.31022
Price at the POI demand zone. Equal highs on the M15(liquidity). SL @ 97.310 TP @ 98.036
Price currently in a downtrend. There is a induced zone which will force price to sweep the buy side liquidity. Place SL @ 171.380 and TP @ 170.813( R-R 1:4 )
ABC pattern. Testing previous demand created. Failed to break previous low.
At weekly high zone(POI). if we look at the daily chart ChoCh is formed. It broke our previous low. The bulls have had their fun with this correction. Inefficiency and liquidity to be filled in 15min.
At strong OB. Liquidity has been swept. Previous low created ChoCh it has retraced back to the zone that caused ChoCh now we continuing with our initial direction.
At a strong Order Block. Patiently waiting for the New York session for my entries.
Liquidity swept. Reject on trendline our demand is strengthened. Simple distribution.
ChoCh is active. Formed double bottom and broke structure. Liquidity to be swept
Third touch on trendline. Formed a bullish pennant. OB mitigated. ChoCh will be active next week.
Tis is a simple analysis. Formed a rising wedge in 4H timeframe, which concludes everything. Look for entries in 15MIN. We short selling.
We sill in an uptrend. Price did test the trendline which is our support Price formed a bullish triangle in daily timeframe. Price has mitigated our demand. Price will fail to break our HL, if it does happen to break our structure is broken. CHoCH is active.
A third touch on the trendline. Price opened with inefficiency. OB mitigated.
EURCAD is changing its direction, as it broke its structure of the previous LH. It will reject on the trendline which is on the support zone. Right now price is balancing itself to move in our direction. I bet next week we will be in deep profits!!
EURCAD is changing direction (ChoCh). It broke previous LH's. Formed a rising wedge to grab all the liquidity that exists. To fill the IMB, test the support. The bulls should prepare to go long. Price has to balance itself, inefficiency appears at the top.