This is the USDCAD Monthly Chart. USDCAD is testing a strong Bearish Breaker (the last down candle before an up-move for a raid on Buy-Side Liquidity). While testing the Breaker, we are currently creating a Swing-High. It was forming Higher Highs, made a reversal point, and now making Lower Highs instead. This tells us that momentum was initially Bullish, but...
In my opinion, BTC still has a long journey of downside before the buyers get what they have been waiting for all this time. Breakout sellers from the head and shoulders pattern will likely be the target of this short term bullish run before bears grab hold of the market again and take the price down the equal low liquidity. I will be searching for sells in...
I'm a complete bitcoin bull, but when i look at the higher time frame chart through institutional eyes, i can't help but notice this scenario. Close to all retail is waiting for one last bounce towards $40,5k, so they can fill their bags for the rallies ahead. But this makes me look at all the liquidity below the lows (on chart). I feel like the large...
AUDUSD LONG ACTIVE First tp is RR second tp is long
Good morning ladies & gents, On the D1, H4, H1, M15 chart, the orderflow is bearish. Coupled alongside the equal lows present at "Objective 1" and we've got a super high probability setup taking place. When price pulls back to this area, I'll be interested in looking for an opportunity short with a stop at the designated area. Should price trade through this,...
Always risky selling equities as the risk-on environment is still quite strong. However, we are at all-time highs and I like the equal lows created on last drives showing some selling strength. I will be looking to trade into high OB into last swing OB taking out equal lows. at 1:6 I am willing to take the risk.
UPDATE ON THE NZDCAD SHORTS SHARED BELOW ON DEC 6TH. LOOKING FOR ANOTHER ENTRY