hannesjordaan

hannesjordaan

I expect that price will reach the 1h OB and either go down again respecting the trend line, or break the Trend line to go up possibly to the AOI.

hannesjordaan

I mapped out a 30m OB with a generous SL. If it goes through that hopefully the 1 Hour OB just below that will trigger the next trade.

hannesjordaan

Once price taps into the OB I foresee a buy. On the Daily the trend is down. It seems at this stage the trend is shifting, it might be short lived. I will wait to see if it breaks through the order block as it might go lower. I won't be taking this trade but will keep an eye on it to possibly do a Market Execution order.

hannesjordaan

Daily Trend is down. Price didn't make a LL but made a HH creating a CHoCH. I'm expecting price to come back to the OB, if it doesn't go much below the OB then I expect it to go up. I also have a strong Trend Line on the Weekly from where it could bounce for a run up or break through for a run down.

hannesjordaan Updated 

GBPJPY H1 Short (Divergence & Resistance). I believe we should hit at least TP1.

hannesjordaan

GBPJPY reached the Resistance Channel, I also notice a Divergence and expect the price to fall. This is just my opinion from my limited experience and should not be valued as a trading signal.