GBPJPY 1 hour
- Divergence is spotted on the 1 hour
- 1 hour sell block created after breaking equal highs
- Looking to short to gap and then upon finding support a possibly long position to break equal highs.
With my daily and weekly bias being bearish I analyzed H2 EURNZD to find an entry! Found something exciting... a double three elliott complex pullback coming to an end with some fibo confluence. Plus possibly a Wyckoff redistribution cycle coming also to an end and D1 range equilibrium to be broken. So a sell limit is being set BUT i will monitor price very...
EURAUD - Previously posted an earlier shorting opportunity, price broke and continued upward.
- One the daily, we see a a block created a while back after breaking equal highs.
- The short opportunity that was earlier posted created equal highs to break which price is in the process of doing so. Looking to enter right were previous highs were broken at around 1.63700.
- Momentum is slowing on EURTRY
- Block previously created, with equal lows being broken.
- Waiting on break out, retest then will trade to previous high.
- This may or may not happened, EURTRY is a volatile pair.
EURNZD broke equal lows on the 4 hour and with a bullish candle breaking highs.
- Looking for price to take up liquidity above.
- Positive EUR news is coming, I believe NZD will fall soon.
We are trading around the 78fib retracement. We have some hidden divergence (Price making a lower high and MACD making higher high) which is bearish for price. We just missed the Weekly Order Block so my ideal scenario is one quick move up to take the liquidity and touch the weekly OB before coming down. Target marked is the first target and we could get much...
EURUSD
- Block on 12 hour, price is resting on previous major support.
- Price may continue downward to rectangle area to create larger double bottom.
- Price at key fib level.
- Expecting price to reach previous low.
CADJPY - Bullish Daily Block
- Entry resting on previous bullish pullback and previous resistance. Block formed that broke lows.
- Can enter manually, TPs are even critical numbers making this highly favorable.
"Liquidity gaps" have been proving themselves over and over. Everytime there is a decent sized movement, price always seems to "fill in" or trade through those spots again. I've highlighted two spots in light yellow. (A third was a maybe).
It looks like price is likely going to trade in to these "gaps" , I've highlighted. These are concepts learned from ICT....
This will take some time to play out. Looking for GBPUSD to fill out several gaps and make way to previous major resistance at around 1.26000, this also intersects to major fib areas. SL placed before previous low on resistance.
