CADJPY 4 hour - CAD forecast is bullish so this setup may not hold. - Looking for a shorting opportunity mid week.
GBPCHF 4 hour order block - This trade is active. TPs at previous highs. First TP at 1.27500.
GBPNZD - 12 hour time frame - Long block on the 12 hour and Daily. - Momentum on the downtrend has slowed and is now creating support off the block and trend line. - I do not follow news religiously but BREXIT appears to be happening which would strengthen the pound and NZD may be looking for a retrace as highs are being hit on many NZD pairs. - I highlighted two...
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
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.
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.
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.
This is not a strong block but we may be looking at a possible short opportunity and test off the daily. Price may retest and break trend for an upswing but I'm looking at taking this pair down to below the .68 level.
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.
Divergence has formed, NZDJPY has seen a previous upswing. - Bearish engulfing candle has formed and now waiting on retest on trend for a short entry at around 71.125.
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.
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