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
Follow the trend. GBP hasn't cleared the gap and level at 1.05 so see ya there.
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.
Nice stop run on EU last week, this BMS gave a brutal bearish move, A RTO would give a nice sell entry
AUDCAD 4 hour - Block - Pair is in parallel channel - Looking to sell for a retrace to the double bottom
Keeping it simple here, - We have two nice clear trend lines that have been respected previously - Our daily OB has given us some nice resistance timing perfectly with the trend - RSI is showing overbought Playing it safe with a tight stop just above the wicks from the last few days or where ever you feel comfortable Please comment if you find my idea useful :)
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.
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.