Looking at price action to do this today during NYO. Will relook at price actions if price broke this level firmly prior to NYO
Long here. Cancel if does not trigger in 30 mins time.
Looking to long here at the order block if price does this
MN and WK uptrend. WK bullish TL and 20 EMA confluence. MN demand in control. 4H DZ nested within a strong D1 DZ with 2 strong bullish candles.
MN and WK downtrend. WK 20 EMA confluence. 4H strong SZ created with 4 strong bearish candles. To short at the strong 4H SZ
MN and WK is on a downtrend. D1 SZ is nested on a strong WK SZ. D1 bullish strength seems to be weaker than bearish strength. Moreover, once price reach the D1 SZ, we would have 20 EMA confluence on the WK chart.
MN and WK SZ is in control. Price is overextended and we expect price to drop to the origin of the move. A 4H SZ is created with 1 strong bearish candle. Daily chart has TL and MA confluence.
MN and WK DZ in control, D1 DZ is nested within strong WK DZ. However, WK and D1 is in downtrend. This will be a very aggressive long. To keep your stop loss tight.
MN and WK is in a downtrend. D1 is consolidating, we can go agressive short on D1 strong supply zone with 2 strong candles.
3M and MN is overextended, WK is correcting with a strong SZ created. Similarly D1 has a strong SZ created within the WK zone. 3M shooting star bearish confluence.
MN downtrend but MN demand zone is in control. MN supply zone is already used up. WK uptrend, supply zone is in control, however, this is a weak zone, and we expect it to be eliminated. D1 uptrend, we will long at the strong DZ at D1
MN uptrend WK uptrend 1D uptrend We have long bias, setting a long entry at 1D demand zone nested within a WK demand zone. However, if WK price broke the trendline, to remove order.
All charts are uptrend. Monthly price has hit a tested supply zone, we will expect price to retrace. There is a 20 ema and trendline confluence for monthly chart, hence long bias. We are taking a long trade using the daily chart at a strong demand zone.
Monthly price hitting 20 EMA confluence with 2 hammers formed. Weekly is still in an uptrend. Daily is in an uptrend with 2 strong departures.
OANDA:USDCAD Entering using 4hr chart. General trend is bearish. However, there is a good demand zone at the weekly chart with weekly and daily demand zone nested within the weekly demand zone. These zones are nested within the monthly demand zone. We expect a reaction at this area. Prices have been overextended in the weekly chart with 3 strong bearish candles....