Blocks
EURNZD Bullish 30 min block - November 15, 2019EURNZD 30 min bullish block.
- Overall NZD is bullish in my opinion so this trade makes more since on a lower timeframe.
- We see a break of equal lows, and a third touch to a minor uptrend. We would take our trade to 1.73200 and possibly the 1.73700 point before heading back down.
GBPAUD 8 hour Bullish Block - November 12, 2019Price 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.
EURAUD 12 hour Sell Limit Block - November 11, 2019EURAUD 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.
$EURGBP Macro View of LiquidityKLoS = Key Levels of Significance.
Red Boxes are Bearish Order Blocks. In this case you can see the next significant Monthly Bearish Order Block.
The Blue Box was a Breaker used to break old highs and take liquidity / move price higher - you can see how this played a significant role later on.
The single red lines are simply significant levels of liquidity for price to reach.
There is no guarantee we are already heading up there for liquidity and that we have completed selling.
This is just for educational purposes.