We have mitigated a Weekly FVG and have reacted really strongly to it. There has been a 4H Market Structure Shift (MSS) and I have marked out two areas of price that I think price may used as support for higher prices.
1. 4H Breaker Block
2. 4h IFVG
Careful to note that we have Non-Farm Payrolls tomorrow which is a very volatile news event. Price could...
Based on the current market for USDCAD, I am looking at whether I should look for short or long entires. If the 4H trend remains bearish I will look for sells to target a zone of daily demand below, however, if 4H structure flips bullish then I will look for long entries to target weak 4H highs and beyond.
*This is not Financial Advice, only for educational purposes!*
GBPUSD is currently bearish on the Higher timeframe(4h+) but bullish on the lower timeframe(15min). I have marked out two zones that will be great opportunities to sell if approached. If a lower timeframe confirmation is seen I will enter sells. Remember do not stick to predictions but REACT!
There is a Daily area of Demand that price is heading towards. Price has recently created a new swing low on the 4h timeframe and I am looking for a upwards LTF BOS which will signify a pullback may occur within the swing structure. There is a 4 hour area of Supply that caused price to break past the weak 4h low.
