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Qmlpattern

USDCAD might go down and rise up. (RTM and Fibonacci Tools)This Idea came from using The Demand Supply Zones and RTM *Reasons Below* Information in this trading Idea  - In Daily TF USDCAD from the Flag Pattern to the Up-side. - The recent supply zone can't push the price down because it's reaching its minor resistance and the price doesn't make the higher high position. - The information above is a sign of the Bull's weakness. Entering strategy - Prices might reach the lower demand to gain the strength to push the prices higher to continue the trend. - Using Demand as a Bias for Buy. (Continue the Bullish trend) *Wait for confirmation before entry* - If the prices break the structure to the upside and reach the POI. (Supply Zone + 88.6 Fibo) *Wait for confirmation before entry* . *Note: By looking at the previous price high, we can see that the price was reaching its break-even structure and didn't clearly make the higher high position. The supply zone might be the beginning of the downtrend. If it's breaking its recent low price in higher TF.
by SN_Trader
AUDCHF FOR THE SELLRedistribution for the continuation play to the downside. Found a institutional candle that needs mitigation within the LPSY that formed during NY Session which holds significance from my recent backtesting. Found a few full volume candles at my POI on different timeframes which shows correlation and confluence. Measured the 50% & 80% as these two percentages are levels where market likes to react from based on backtesting. Have set sell limit at 80% of the 5M candle and SL just above the high of the particular candle of 3.5 pips.
Short
by teek_aay_