rookiemonsta

rookiemonsta Updated 

EURUSD Long - Order Block Analysis EURUSD broke out of its 7-week-long consolidation range. The bullish impulse resulted in a daily order block (1.12724 - 1.12974), where we can potentially layer in limit long orders. In confluence with our recent DXY short idea posted on 16 Jan 2022. Entry: 1.12724 - 1.12974 The pullback provides a good...

rookiemonsta Updated 

GBPJPY Scalp Long - Order Block Analysis GBPJPY has got very close to its bearish order block (157.77 - 158.222) but not tested it yet. Pullback to bullish order block (154.89 - 155.734) may give GBPJPY the spring to bounce up to the abovementioned bearish order block. In a risk-on environment, JPY tends to weaken as a safe haven asset. Entry: 154.89 -...

rookiemonsta Updated 

DXY Short - Multiple Time Frame Order Block & Channel Confluence DXY reacted to the weekly channel and broke down after seven weeks of consolidation. DXY also broke out of the daily channel. This created bearish order blocks on the weekly basis as well as the daily basis, where we can potentially scale in limit orders. Fundamentally, DXY 's previous...

rookiemonsta

GBPAUD approaching bearish order block Short entry: 1.78169 Stop loss: 1.79072 Target price: 1.77167 Risk 0.5% to 2% of your capital Good luck!