Pairs on Watch -
AUDCAD : This could go under the radar a little and takes a bit of reading between the lines. But we can see what price is trying to do here, impulse, correction, continuation after not reacting to the higher timeframe value area on the left. I am looking for a wash out at the edge of structure potentially retesting previous highs for a risk entry long.
NZDUSD : We can see how repeatable the market is just from this piece of price action. Two options here, either a 1H continuation to the upside with a failure of the larger sell structure, meaning DXY short. Or, price breaks below the base of the bull flag and the sell structure is activated for the sells. In which case I will then be looking for a 15M continuation for the short.
AUDCAD : This could go under the radar a little and takes a bit of reading between the lines. But we can see what price is trying to do here, impulse, correction, continuation after not reacting to the higher timeframe value area on the left. I am looking for a wash out at the edge of structure potentially retesting previous highs for a risk entry long. NZDUSD : We can see how repeatable the market is just from this piece of price action. Two options here, either a 1H continuation to the upside with a failure of the larger sell structure, meaning DXY short. Or, price breaks below the base of the bull flag and the sell structure is activated for the sells. In which case I will then be looking for a 15M continuation for the short. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.