Taking this down to the 1.89200 level, we could see this push down further to 1.88500.
GBPJPY 1 hour - Divergence is spotted on the 1 hour - 1 hour sell block created after breaking equal highs - Looking to short to gap and then upon finding support a possibly long position to break equal highs.
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
- Daily bullish block, SL is about 30 pips, TP at previous highs.
- Possible short on US Oil - Waiting for rejection to short
- 30 min divergence forming - Bullish block below equal lows - Gap at around 69.600 which would be TP1
- 15 min block at previous pullback and previous support. - Bearish divergence
EURAUD - Previously posted an earlier shorting opportunity, price broke and continued upward. - One the daily, we see a a block created a while back after breaking equal highs. - The short opportunity that was earlier posted created equal highs to break which price is in the process of doing so. Looking to enter right were previous highs were broken at around 1.63700.
- Momentum is slowing on EURTRY - Block previously created, with equal lows being broken. - Waiting on break out, retest then will trade to previous high. - This may or may not happened, EURTRY is a volatile pair.
EURAUD - 12 hour k tail - Equal highs broken to create block - Price rejecting key fib level - waiting for break of trend.
EURNZD broke equal lows on the 4 hour and with a bullish candle breaking highs. - Looking for price to take up liquidity above. - Positive EUR news is coming, I believe NZD will fall soon.
AUDCHF sell limit @ .67550 - 4 hour block, equal lows broken to create structure - Price nearing equal highs to break. - 38.2 fib level rejection indication of strong trend. - liquidity below for price to catch
CADJPY - Bullish Daily Block - Entry resting on previous bullish pullback and previous resistance. Block formed that broke lows. - Can enter manually, TPs are even critical numbers making this highly favorable.
This will take some time to play out. Looking for GBPUSD to fill out several gaps and make way to previous major resistance at around 1.26000, this also intersects to major fib areas. SL placed before previous low on resistance.
EURNZD 30 min bullish block. - Overall NZD is bullish in my opinion so this trade makes more since on a lower timeframe. - We see a break of equal lows, and a third touch to a minor uptrend. We would take our trade to 1.73200 and possibly the 1.73700 point before heading back down.
Block is Active. Block entry is on trend. Sell momentum has slowed, long momentum is building up AUD news on Employment change expected to be bullish. Looking for break of larger trend.
Price has broken out of trend Looking for a retest. Critical level .87000 shows as a favorable entry Two blocks are lined up where this retest could occur. Equal highs pointed above Price may come down lower and form a double bottom - On the daily a k-tail is shown at around .87000 from several days ago.
EURAUD 12 hour block. Looking for third touch on the trendline. Block identified on 12 hour with bearish engulfing candle breaking lows. Equal highs identified where price is nearing to pass. I also identified a previous block, which adds strength in my opinion and a strong SL to protect the trade. Price may come down to bullish block or further down before heading up.