By using pivot points:
monthly - red
weekly - yellow
daily - green
USDCAD has clearer picture than USDJPY.
As UJ UC also reached monthly S2 pivot point. So I'm looking for buys on this tool.
We have clear order block that was created after bullish break of structure. This OB is located just on monthly S2 pivot point and also weakly and daily S1 pivot point.
On 2h chart RSI show us bullish divergence (another conformation)
But there is a chance that price won't come to our order block.
Let see how it'll work.
Good luck:)
monthly - red
weekly - yellow
daily - green
USDCAD has clearer picture than USDJPY.
As UJ UC also reached monthly S2 pivot point. So I'm looking for buys on this tool.
We have clear order block that was created after bullish break of structure. This OB is located just on monthly S2 pivot point and also weakly and daily S1 pivot point.
On 2h chart RSI show us bullish divergence (another conformation)
But there is a chance that price won't come to our order block.
Let see how it'll work.
Good luck:)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.