I have my KL on 0.73265 that has respected the zone for a sell BIAS.
On the top of the KL is resting a big liquidity pool ready to be taken.
What i"m looking for...
Im looking for price tap my blue POI that is a 4h OB , take liquidity + mitigate the OB for a reversal.
As we can see my next TP will be bellow the daily LL that is close to my previous...
Looking at EURNZD for a bullish rally to my blue POI.
1.The first blue POI that is mitigated, made a new daily HH and break down to the the zone of demand.
2. Price is now heading to the demand zone 1º (Red POI) 2º (Red POI) to take liquidity of the daily accumulation.
Scrpit was in Downtrend since 2015 and now it is in Consolidation making HL& LH. Can be entered after the horizonal Black Line (34.2) is taken out indicationg begining of the Upmove and T1- 44 (Fib Level)
EURCAD has been in a BULLISH RALL Y as we can see on the WEEKLY time frame, breaking the the previous HH.
Price is close to our POI (Point of Interest) where is the bullish institutional candle, to fill the Imbalance and mitigate OB´s. Taking l Lquidity 1.41070 of the last low to our POI.
If the bullish rally take place I would look to take Profit on ZONE 2...
Btc is having a hard time continuing to rise but we continue to be bullish as its dominance slowly begins to decline. Not only link but many more alts could burst to the upside. Sl under the marked support.
A btc le esta costando mucho continuar subiendo pero continuamos alcistas mientras su dominancia empieza a caer lentamente. No solo link...
WE ARE STILL FOUND IN AN ACCUMULATION AREA, WAITING FOR A GREAT MOVEMENT OF THE BTC PRICE
INTERESTINGLY THE PRICE FORM A "PATTERN"
SIMILAR TO THE PRICE OF (JUNE 5, 2019)
I DO NOT CURRENTLY HAVE AN OPEN POSITION BUT WITHIN 2 WEEKS OR 1/5 I WOULD OPEN POSITIONS WAITING FOR IMPORTANT MOVEMENTS
AUN NOS ENCONTRAMOS EN UNA ZONA DE ACUMULACION, A LA ESPERA DE UN GRAN...
Is building momentum to break all the resistance, if 10k is brake ,we might test a new All time high soon, good entry till 8k , if the binance rumors are true and the exchange will list it be sure that will moon hard !