USDCAD - Bullish engulfing creating an order block - Price currently creating support off trend - Looking for price to hit at least 1.32000 mark before continuing up / retracing - There is bullish USD news this week which could be our catalyst for a move upward - SL placed below previous lows at 1.30050 / Entry at 1.30650
Long Block on EURCHF 4 hour. Multiple lows were broken with a bullish engulfing breaking trend. Looking to enter on retest. 30 pip stop loss, will hold until equal highs are broken. TPS at every 30 pips.
Each year there is a high value trade that forms after the final Q4 FOMC. Today we have seen big 1 million + blocks on $FCX. I believe a follow up move is coming for gold for the strongest time of the year to FEB. Stock Blocks $FCX 1,463,000 13.10
Parallel bull channel Looking to sell to trend Price may break and retest this block area so wait for momentum on candlesticks to indicate short or long trade.
AUDCAD 4 hour - Block - Pair is in parallel channel - Looking to sell for a retrace to the double bottom
K-tail or inverted hammer has formed at a fib intersection. Taking this down to it's previous low and possibly it may come to the 73 mark before making its way back up.
GBPCHF 4 hour retest - This entry coincides with the daily GBPCHF short posted before this one. Looking for a retest off the uptrend to create a downtrend move. - There is heavy liquidity below for price to soak up and touch the uptrend line once more.
Sell Block showing, highs broken and then trend break. Looking for a short at the block shown above.
Looking for retest to create new uptrend on the one hour.
Waiting on retest, massive bearish engulfing that broke the trend line. Waiting to enter on pull back from daily swing low. Possible head and shoulder formation.
Waiting for momentum to slow on a high timeframe, particularly the 12 hour with a rejection around 1483-1485 and Stop Loss at 1495. Price is at a strong previous support and now may be looking for a retest around the previous pullback on the swing low.
GPBJPY Sell Limit block on the 2 hour. Price has broken trend Looking for retest SL above the highs TP levels at previous lows.
AUDUSD 4 hour - There are a few nice pullbacks in the area around where the order block was formed. The one highlighted shows an area not tested yet. There are also around 3 touches to the downtrend trend. AUDUSD may be close to making it's last move to the downside before we begin to see momentum slowing down.
Looking for a long entry on GBPNZD 4 hour. NZD pairs appear bearish but NZD is hanging, and GBPNZD is also in a choppy situation. This trade will be taken based on price momentum near entry with TP1 anticipated.
The bullish candle following the bearish candle in the block formation is a big shadow. This is on a higher time frame, so I'm looking for additional support but I see momentum slowing and I believe EURUSD is prepared to make it's next move up. - I also decided to change the color a bit to make it look cooler
Possible Short then Long on AUDCAD 4 hour. - More geared towards going long on AUDCAD but the sell block may be hit which could bring us to our long entry. The short would have a TP at its previous low and long would have it's TP at its previous high then at equal highs for TP2.
Taking this down to the 1.89200 level, we could see this push down further to 1.88500.
GBPCAD - Waiting on rejection of 6 hour block - 6 hour contains big bearish shadow - Rejection would be near retest and block - Entry is near 1.72000