USDCAD is hovering here, waiting to see if there's a drop or a bounce, either way I expect it to come down to a previous low based on H4 S/R zones.
I am developing this 3 stage manual trading strategy model based on trend trading and break and re-tests for 1:1 trades with TP set equidistant to the SL.
Idea for ETHs continuation past previous highs. Bullish structure still holds.
EURAUD continuation of bullish momentum, double bottom producing potential upwards momentum while just holding onto bullish structure, 30 pip TP and 1:1 SL, will close early if H1 engulfing bearish.
NZDUSD rejection from resistance as top of range, targetting 30 pip sell, much tighter SL than usual just above range hi's.
Idea for ETHUSDs continuation of uptrend to it's all time high in 2021
GBPJPY bounce from resistance in uptrend, approx 60 pip target 1:1 SL and TP.
I have a long term hodl on ETH. Grey zones are daily levels of support/resistance. Currently at another one, interested to see the outcome in coming days. Either way bullish structure will be held unless previous daily support were broken down in the 2700s.
Marking out previous daily levels to see if any correlations in my trading plan (grey lines). Entered a buy at support in H4 uptrend after H1 pullback/retrace has now rejected nicely. Trade planned for 40 pips 1:1 SL/TP - or run higher on TP.
Buying into H4 uptrend on H1 retracement/pullback. Looking for break and retest of internal structure, 20 pip SL, 50 pip target.
NZDCAD H1 internal structure break / H1 support potential to break down to hit lower H4 zone, targeting 20pips 1:1 SL above previous high, TP at realistic H4 zone area. Have not waited for proper rejection confirmation on H1. Previous rejection from support at this area could instead present further push up.
EURCAD bounce from support in uptrend, targetting close to previous highs around 35 pips.
NZDUSD rejection from h4 zone resistance targetting lower zone sell. Bit of a late entry waiting for spreads settle after weekly market open.
CADJPY - sell from supply one/resistance in overall uptrend - trading the potential bearish internal trend retracement down to previous H4 demand/support zone. Entry based on m15 structural weakness.
EURUSD sell from resistance in downtrend. Rejection from H4 zone to potentially continue with overall downtrend with an H1 set of waves.
AUDUSD rejection from H4 zone, approx 30-35pip TP and 1:1 SL above previous high.
EURUSD sell from h4 resistance targeting 50 pip 1:1 TP. SL above zone.
XAUUSD Break and H4 support, flipped to become resistance, sell from resistance here after H1 retracement breaks and retests for a move down, currently planned out around 25 pips, SL above previous high, first TP matching at 1:1.