Cad Jpy Pair Daily : Down trend 1 hour : algorithm reach an area of interest to run some selling world wide transactions Retail trader called this area a ( order block , resistance , supply )whatever it is Liquidity taken inside this 1 hour order block ( shown above yellow line) and after liquidity grab there was some heikinashi red candles shown a popular model...
Gold is going to order block to run some buy process Tp: 2294 Sl: 2314
Two liquidity sweep candles the second liquidate the first along with bullish green volume stop loss : 69100
The price liquidate the bottom of two 30 minutes heikin ashi candles and these candles are located at the bottom of 4 hour support or demand zone , NZD CAD start to fall which support EUR NZD will go up to test newly created supply area High Risk to Reward EUR NZD BUY entry : 1.6745 - 1.6755 stop loss : 1.6737 Take profit : 1.7700 if you agree please leave...
1) on daily timeframe we are above a daily order block or resistance or supply area 2) on daily we can see we are now above this order block but still did not break it 3) on four hour time frame we are also on bullish trend and volume as the daily 4) on 30 minutes chart i start to see bearish volume showed in 4 heikin ashi candles that took alot of liquidty...