The AUDJPY has retraced to the end of an ICT 4HR bearish order block.
Price recently took out buyside liquidity.
Price is showing signs of rejection at the order.
Possible short with TP1 at 94.29 and TP 93.82 and stop loss at 94.95
This pair looks to be in an ascending triangle.
Pair is currently on the baseline of this triangle as shown in the chart. I expect price action such as a tweezer bottom or an engulfing candle at this level to signal the buy entry. If this happens, we will enter long with profit targets at the various resistance levels shown in the chart. I expect this to go all...
This pair just broken a long term descending trendline. This trendline is currently being retested and is showing signs of holding.
On the H1 timeframe, pair has formed two bullish pin bars. At the reopening of the market, i will look for bullish confirmation at the close of the first H1 candle. Confirmations such as a bullish engulfing. For H4 traders, i also...
The GBPCAD is currently sending multiple buy signs.
1. Pair is currently on a descending channel trendline as shown in the published chart.
2. Pair is on a support.
3. Pair has formed a tweezer bottom on the H1 timeframe.
The concurrent occurrence of these multiple bullish signals on this pair gives credence to the fact that the odds are in favour of going...
The GBPAUD is currently in a symmetrical triangle. The pair has already given an early entry signal with a bullish pin bar on a support at the close of market on Friday Dec 4, 2020 on the H4 timeframe. With this entry at the open of market, TP1 will be at 1.82000, TP2 at 1.8401 and TP3 at 1.8647. SL is set at 1.8000.
On the fundamentals, a positive news on the...
