Block is Active.
Block entry is on trend.
Sell momentum has slowed, long momentum is building up
AUD news on Employment change expected to be bullish.
Looking for break of larger trend.
3Day order block.
- Entry around 8250, Price has broken trend and momentum is slowly getting to our entry point. As this is on a higher time frame, DO NOT be in a rush to get in. Price will land, create support, and move in a timely manner. Equal highs are outlined. People like to hold bitcoin but it is safer to jump in and out.
Price has broken out of trend
Looking for a retest. Critical level .87000 shows as a favorable entry
Two blocks are lined up where this retest could occur.
Equal highs pointed above
Price may come down lower and form a double bottom
- On the daily a k-tail is shown at around .87000 from several days ago.
EURCAD is setting up for a solid short at around critical level 1.46000, look to short between 1.45900 and 1.46000. Price broke equal highs, marked in pink, to set up our block on the 4 hour with a strong bearish move breaking trend. We are looking at a retest to our entry point before seeing a great move downward. Entry is also within key fib level 61.8 and 71.
EURAUD 12 hour block. Looking for third touch on the trendline. Block identified on 12 hour with bearish engulfing candle breaking lows. Equal highs identified where price is nearing to pass. I also identified a previous block, which adds strength in my opinion and a strong SL to protect the trade. Price may come down to bullish block or further down before heading up.
1 hour sell block, SL should be placed a little higher, price could come up before dropping. Overall I see EURNZD as a solid short if those highs are taken out.
- NZD is weak, EUR is showing strength.
- Double bottom on 4 hour currently
- Price is making lower highs
- Block is on a critical level 1.75000
- SL is contained above the equal highs
- I am in a buy to this level and then will sell upon rejection.
6 hour block. Cleared low liquidity, on 61.8 fib level. This post is minutes before AUD employment rate release. Expecting this area to be re-tested and move higher.
The first block highlighted was a daily block which brought price to a sell block which price is now retesting back to our trend block on the 8 hour. See parameters to take trade if you'd like. SL placed below the lows.
12 hour buy limit block on GBPCAD. I see it coming to 1.66500 area, 1.66000 defines a significant daily support and resistance. Then price will head up to around 1.71800.
Price reached 0.86000 whole institutional level which surprisingly matched the level of imbalance. Expecting a pullback upwards at least to 0.89000 imbalance and the middle of institutional candle. We missed an aggresive limit order entry, but lets find some entries on lower time frames. GOOD LUCK. Potential 250pips
Buying the pullack till imbalance and also a 71% fib level. We buy up the pullback, and then sell down from 71% fib downwards to the sellside liquidity pool
Possible idea on euro/swissy, expecting a retracement to the middle point of liquidity capturing candle 1.10300, possible strong reaction downwards towards sellside liquidity pool
Expecting an impulsive reaction downwards from 0.90500 level. 71% OTE(optimal trade enrty) fib level agrees with the imbalance zone and the strong level of 0.90500. High probability trade, minimal risk, tight stop loss just above 0.90675 covering the top of liquidity capturing candle 4H chart September 19 04:00 o'clock (UTC+3).
An intresting range between 1.62000 to 1.63700 has formed on EUR/AUD 1H chart. Buyside and sellside liquidity pools have been created(equal lows, equal highs). Sellers have already been taken out, now its buyers turn :) I identified a set-up, now we wait for a retracement to 62%-71% fib level, half of the order(sell limit) rests on 62% fib/the middle point of that...
