So a simple explaination of the Short Taken. We have the buy stops taken out with that spike and pull back. Which then drive price lower. As you can see price reject equilibrium or 50 percent of the range. And we expecting price to retest the lows before making further decision on its next direction.
We are looking to long Eur Aud at a previous resistance turn support.
Looking for price action within the daily order block to go short.
.GBPCHF SHORT IDEA. I am looking at price rejection at the zone before we go for the next run down.
There is a high probability USDCHF is looking for the wick that is left behind by the election.
Go long once price reaches the yellow zone. If possible take it as close as possible to the 0.89 fib.
EURNZD. Wait for Price to Reach the zone before you go long.I would prefer if price touches 1.5213 before it goes up.
Here are the details of the Cadjpy short.2 options we can trade right at the 50 fib. or we wait for the 1st impulse and take it on the retracement.
I am still expecting some deeper retracement for GBPJPY to the blue zones. Looking for price to take out the clean lows at 141 and head towards the zone before ill look for price action to go long.
Eurusd is still bullish in my opinion. I dont think it is bearish as yet unless price falls below the blue zone. Then we look for a retest to enter.
.I am looking for Price to hit our zone near the 1263-1264 region. Wait for Price action always and look for TP1 and TP2. I will update on this set up when price near our zone.
i am looking for consolidation and a retest or a breakout and look to go long. TP 1 has been marked. Stop loss below the lows of the current structure.