I'm curious to test my knowledge of orderblocks once more, it should not hurt to fail. EURUSD has been bearish for a long time, this last move up was rather sharp. The lower timeframe shows multiple stabs into the ICT bearish orderblock shown here. Lower targets are medium term so, we're talking weeks from now. We'll reach for liquidity underneath the swing...
AUDUSD SHORT TILL 0.7547. LONG TILL 0.7625, THEN SHORT AGAIN
Looking to see a continued bullish move for EURCAD as it seems to be on a stop hunt. There are numerous short stops resting in close proximity to current price action and their highs appear to be too clean.
Long EU: Crouching Order Block.... order block below low. 20 pips risk, 100+ Pips reward
As cable reaches it's lowest low since april '15 look for that bounce to happen.
I recommend to sell on the breakout with a target to 1.08 OrderBlock. Regards.
Looking pretty bullish, but we might need to reach down into the liquidity-pool to reload longs + for added rocket fuel - maybe some retests of 383 before breaking resistance.
Looks like prices will head to 248 on bitfinex.
Long from 1.514, aiming for 1.546 as profit target with stop at 1.508.
Looking to short the Aussie between the 15M -OB Equilibrium and the 1H -OB Equilibrium, which coincides with the 79% retracement of the move down yesterday, which was on the back of the Fed decision and comments by Stevens last night. Entry will be at 87.15, with a stop above previous swing high at 87.6. Looking to sweep the lows from last night, so profit target is 85.25.
GBPUSD is moving up into the Daily -OB, and I am looking to go short between the 79% retracement level and the Daily -OB Equilibrium at 1.57. This figure also happens to be the 50% (equilibrium) for the 4H -OB. On the back of dovish comments by Harney, suggesting that a hike for the pound is coming no time soon, I believe this will make for a great medium-term...
on chart.
Cable is a great opportunity right now to make some pips. My buy target is set to 1.536 with a SL beneath 1.1332 as it is possible a stop hunt will take up to that level. The sell target is first the .618 fibo and a second target of 1.58.
After the recent bitcoin crash,I believe that bitcoin has the chance of starting a new uptrend. We have found support and have been making higher highs. However, this won't be confirmed until our bearish OB at 233-236.5 gets taken out. If broken, it will pave the pad for a new uptrend to begin. Edit: the vertical green arrows are to indicate next areas of...
Note the grey rectangle. This is just something I wanted to bring up because it came about when I was looking at this USDOLLAR chart. Previously we had a bullish candle into a down move (on the left of the chart). Note that price on the candle where the arrow points is exactly where the bullish accumulation candle opened previously. This means that there were...
I;m unsure of which way the market will move after the weekend so my advice would be to stay out or set orders with low r/r on either side. There is nothing on Monday news wise that should break any of the orderblocks so I expect them to hold. If next week hits the bullish block it will certainly be time to long fiber.