EURUSD H4 - SHORT
Prices shows bearish sentiment at our key resistance area. We are looking for a break down off the immediate support and a pullback for a potential SELL opportunity towards 1.18100 support zone.
A trading opportunity for next week and stay tuned to our Weekly Market Analysis this week for more trading setups!
AUDCHF H4
Look for a retest onto previous resistance area for a SHORT opportunity towards 0.70300 support area, and find ways to LONG this towards 0.72200.
Great opportunities on both sides and we'll see which position pends out.
With thanks to ICT Michael J Huddleston, TraderSZ and Midge Drangonflyfx.
Here you can see the inner workings of trading a reversal.
The strategy can be summarised in this way:
High Time Frame Order Block.
Daily Highs and Lows.
A Breaker will be used to sweep daily High.
Price will come back to /HTF and Breaker Order Block and retest.
The market will often...
USDJPY H1 - LONG
Potential trade next week, waiting for prices to give a test onto previous structure, for a potential impulse move towards the upside, breaking immediate structures, creating higher highs before a pullback entry.
EURNZD H1 - LONG
Prices found support @1.67400 area, made a double bottom and now broke a neckline resistance, turned support.
With a new structure breakout, creating a higher high, we are looking for the lower low formation, potentially at 1.67900 or 1.67600.
Look for BUYING opportunities at these key levels for an upside move towards previous structure.
GBPNZD H4 - LONG
Waiting for a breakout of an immediate resistance @1.94500 area, creating a higher swing high.
After which, look for a pullback onto previous structure, making sure that there is a depletion in bearish momentum before taking a LONG position.
The Bullish momentum took less effort than bearish momentum. Price created a whole base on the 2H from the rally,base,rally (re accum) it formed. Will be watching for a LTF accum schematic to play out once price land near entries in due time.
USDCAD H1 - LONG
Strong push phase at a support area @1.25100, breaking previous highs, creating new highs and potentially higher lows.
We'll be waiting for pullbacks onto 2 key structures before taking a LONG position towards previous high, or potentially higher.
Strong impulse move, follow by accumulation and distribution, moving side ways and trapping retail traders, creating liquidity all around.
Right, we're looking for a pullback to 3 key areas to take a LONG position.
We Should See prices start to head up after reaching into the Fair Value Gap, up towaard 3967-3965 (Depending on broker) At this point there is also a Fair Value Gap as well as Bearish Order Block. I expect price to hit this area after the around the bell 9:15= 10:300 Eastern Time. This is where you should see the initial Sell.
(SEE...
GBPAUD H1 - LONG
Prices made a strong push phase, started from 1.8000 support area.
Now, we have a pullback onto the same structure, looking for bullish sentiment at this area of support before taking a LONG position upon a pullback for better R/R.
