#DYDX | Short Opportunity | Potential 3RR
DYDX is showing a solid rejection and shown a change of structure and now it has broken that structure and retesting the now resistance. We can expect it to drop down to the formed order blocks to pick up so liquidity before likely pumping again.
Relatively bullish market atm so this is a risky trade
#EURCAD | Buy Opportunity | Potential 2RR
Price has come down into a strong order block and bounced nicely confirmed with a bullish divergence. Price will likely retrace slightly for a better entry opportunity. The target is the above supply zone.
ENTRY | 1.43773
TARGET | 1.44607
STOP | 1.43360
#EURCHF | Buy Opportuntiy | Potential 2.3RR
A strong push down is causing alot of Break in structures so will be looking for some relief soon and there is a strong bounce target coming up around the 0.95693 zone. As always we want to wait for a decent reversal candlae or bullish divergence to confirm we have lost momentum.
ENTRY | 0.95737 (Earliest)
#NZDJPY | Sell Opportunity | Potential 3.24 RR
Some volatility yesterday led a to a continued breakdown a bounce is looking likely here although not one that will sustain. So continued downside is to be expected from here - we are just aiming for a good entry on this move. Await a nice confirmation reversal signal such as a bearish divergence and that should be...
#EURNZD | Sell Opportunity | Poential 5.92 RR
Heading in to a strong Supply zone with some order blocks in play - we are currently in one with a potential retrace on the cards and a potential bearish divergence. If price continues up then you can look to the next order block and rinse and repeat.
ENTRIES ON THE CHART
]#NZDCAD | Sell Opportunity | Potential 1.45 RR
WE are currently in a heavy supply zone at the moment so a retrace from here would give some pretty good moves. We have a bearish divergence in play too - don't be hasty with the entry and wait for it to drop back down on the order block zone.
ENTRY | 0.81265
TARRGET | 0.80424
STOP | 0.81839
#EURCAD | Sell Opportunity | Potential 3.24 RR
A strong downward press onf EURCAD and we are looking for that pullback it is looking likely we will test the order block and continue down - aim for a bearish divergence to showcase its self or overbough scenario on the RSI. Then take the entry on the confirmed reversal.
ENTRY | 1.42540
TARGET | 1.41717
STOP | 1.42791
#GBPJPY | Potential Sell | Potential 3.12RR
It is still early days here - but should price is looking to continue down overall so we are looking for a good short pullback opportunity. A nice Order block has formed here so we are targetting a rejection from this area. Look for a confirmation on reversal and then aim to take entry when exiting the order block. Aim...
#XAUUSD | Sell Opportunity | Potential 1.43R
Gold looks like it is settling into a bit of a downtrend so jumping in on a nice retrace will be the target - we are aiming for price to test the order block and then confirm a resume of the downtrend with either an overbought condition or bearish divergence - ideally both. Realistically this can go much further into...
#USDCAD | Sell Opportunity | Potential 2.63RR
We are targetting the orderblock above and aiming for a reversal here strong confirmations here will be a beaish divergence and overbought on the RSI. Take entry when it breaks back out of the Order Block.
Target is the lower order block be sure to chase your profit with the Stop Loss to secure them.
#CADJPY | A Couple of Potential Buys | 2RR
There are a couple of potential buys here although it is depending on how the price plays out we are looking to catch the bounce on the order block here as we are expecting a rejection. Do not enter until price has entered the order block and reversed above the suggest buy prices. If price is moving down fast and...
#AUD/CAD | Sell Opportunity | Potential 2.28R
Just hitting an order block now with a bearish divergence forming on the MFI - we want to see a little more confirmation on the reversal although it is looking quite nice to get a potential entry on the break back down of the OB.
ENTRY | 0.87032
STOP | 0.87130
TARGET | 0.86802
#CHF/JPY | Sell Opportunity | Potential 3R
We are approaching a nice order block for although we need to confirm a reversal before committing to the short - anything from a nice reversal candle, the overbought MFI coming back below 70 or ideally a bearish divergence.
ENTRY | 165.170
TARGET | 164.690
STOP | 165.323
#XAUUSD | Sell Opportunity | Potential 3.5R
Gold making a nice move up into an order block where we can expect a sizeable retrace - wait for a nice confirmed reversal signal albeit divergence or bearish candle and then take the entry.
ENTRY | 1936.507
TARGET | 1927.828
STOP | 1939.266
#GBPAUD | Sell Opportunity | Potential 1.65RR
Looking to complete the touch of the longer term upward trendline - this is not a big play and just targetting the bounce that should come as we are in a longer term uptrend here although there is still a little more retrace to play out - a nice RR on the cards on the right side of the shorter term resistance....
#EURNZD | Buy Opportunity | Potential 2.04 RR
We have a short term bearish divegence in play and some very nice overhead resistance - the overall trend is bullish but there may still be a little more continued downside to come - target 1 sits at some strong support so definitely take some profit off the table there.
ENTRY | 1.82128
TARGET 1 | 1.80910
TARGET 2 |...
#GBPCAD | Buy Opportunity | Potential 2.11 RR
We are seeing the sell pressure slowing down in volume now in a distinct descending wedge just meeting long term trendline support. There can still be a little further downside to come although wait for break out of the wedge before entry as confirmation.
ENTRY | 1.70393 (And break out from wedge)