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.
AUDJPY - Momentum is slowing - Bullish candle is a big shadow, typically big shadows are where blocks are - Entry is around equal lows being broken - On MT4 you will see a gap at around 74.300 - 74.300 is also a relevant zone, a sell zone.
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.
3Day order block. - Entry around 8250, Price has broken trend and momentum is slowly getting to our entry point. As this is on a higher time frame, DO NOT be in a rush to get in. Price will land, create support, and move in a timely manner. Equal highs are outlined. People like to hold bitcoin but it is safer to jump in and out.
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.
GBPNZD 4 hour block. Equal highs, price needs to take this out. Block on 4 hour. TPs at previous lows. GBP news tomorrow. which will drive price down.
EURCAD is setting up for a solid short at around critical level 1.46000, look to short between 1.45900 and 1.46000. Price broke equal highs, marked in pink, to set up our block on the 4 hour with a strong bearish move breaking trend. We are looking at a retest to our entry point before seeing a great move downward. Entry is also within key fib level 61.8 and 71.
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.
Still looking for the lower target on CADJPY. Price forming a nice zigzag correction after the ending diagonal breakout. We hit the bearish Order Block and any break in structure will be my short trigger.
1 hour sell block, SL should be placed a little higher, price could come up before dropping. Overall I see EURNZD as a solid short if those highs are taken out.
- NZD is weak, EUR is showing strength. - Double bottom on 4 hour currently - Price is making lower highs - Block is on a critical level 1.75000 - SL is contained above the equal highs - I am in a buy to this level and then will sell upon rejection.
6 hour block. Cleared low liquidity, on 61.8 fib level. This post is minutes before AUD employment rate release. Expecting this area to be re-tested and move higher.
1 hour order block. Price broke down, created a large gap to fill. Bearish candle broke equal lows at around 30.00 with bullish candle breaking up. Looking for a strong rejection off the block zone. Also, RSI divergence on 1 hour.
The first block highlighted was a daily block which brought price to a sell block which price is now retesting back to our trend block on the 8 hour. See parameters to take trade if you'd like. SL placed below the lows.
CUrrently in a buy or a buy limit can be placed. Price hit a significant support, block previously defined. TPs are at critical levels to next block.
12 hour buy limit block on GBPCAD. I see it coming to 1.66500 area, 1.66000 defines a significant daily support and resistance. Then price will head up to around 1.71800.