Projection for GBPNZD. Look for potential buys off confirmation of the immediate demand zone, to push prices towards supply. Potential sells at that level means that you're taking a countertrend trade.
Potential buys now, with the recent BOS moving into a demand zone.
Gartley Completion at D-leg may serve as primary buys, to eventually create liquidity for prices to go lower to mitigate deeper areas.
EURJPY H1 - LONG Demand Zone > BOS > Confirmation before taking a BUY position.
GBPCHF H1 - SHORT Potential BUYS from demand zone. Ultimately pushing down towards H4 Demand @1.26000 area.
GBPCAD H4 - SHORT Wait for break of structure and pullback onto supply zone @1.71180 area. If there is confirmation, sell it.
USDJPY H4 Prices tapped into the daily resistance area @ 110.800, made a sell-side move, breaking structures, creating new lows and now making what seems like pullback before a continuation short. We identified 2 major areas for SELL positions, mainly @109.400 area as well as 110.300 area. If prices doesn't hit any of our crucial structures, we will be looking...
GBPAUD H1 - LONG Prices got rejected from a resistance zone, looking to test a BUY zone @1.79000 area. Aggressive and short term traders may look at this as a potential buy trading opportunity. If we do see a breakdown off the support area, liquidating orders lying beneath the trendline, we can catch a pullback SELL opportunity towards the major structure...
USDCHF H1 - SHORT Prices may be coming back for a retest of structure, potential forming an AC/D schematic before a SELL opportunity with a break of structure and immediate shift in momentum to catch a pullback SHORT towards 0.91000 support area. For prices to fill the imbalance and our primary zone/resistance, it will liquidate the orders lying above the...
USDJPY H4 - LONG Potential BUYS off demand zone. Looking for liquidation off the trendlines.
EURCAD H1 - LONG Tapped into Weekly Demand Zone Wait for BOS + Pullback onto H1 Demand 1:4 Risk to Reward
Price has created a new higher high on the daily and done a deep retracement (HL) into the area it's in right now. Looking for price to create another higher high and test of the last IC candle to the downside and target some of the equal highs and areas of imbalance If there is a strong immediate reaction from entry area, then will look into entering the trade....
CADJPY H1 - SHORT Lower timeframe formation on a daily supply zone. We will be skipping this due to FOMC later, may affect YEN pairs.
GBPCHF H4 - LONG BOS > Liquidation of orders Pullback entry after confirmation on LTF To clear the last swing high
AUDJPY H4 - LONG Prices broke out of structure, leaving behind an unmitigated area of demand zone, waiting for a pullback with an AC/D on the lower timeframe, before taking a LONG position if we see a structural shift, with the lower timeframe being in line with our higher timeframe bias.
USDJPY 15M Interesting setup on both sides, whichever that pends out first. Prices tapped onto a H4 demand zone, propelling a buy-side move into a H4 supply zone, which made a sell-side move as well. We will be looking to trade the immediate moves on the lower timeframe if the setup is still valid for us to monitor later on. Understanding how prices break...
This pair has been treading smoothly to the upside creating higher lows whilst respecting order blocks on its way up. We are coming to a highly liquid area in the market that will be more than likely manipulated. We have two scenarios for GBPUSD - We either pull back aggressively into the previous structure before purging the huge supply zone holding above...