Oderblocks
AU, 15M-OBPrice tap into 4H POI and complete the trend change in 1H & 15M TF, it is now in bearish.
From the chart, we can easily spot 2 valid OB. The reason I didn't take the most recent OB is because that is a level of inducement, and it's not formed with a clear structure high or low. Therefore, I conclude that this OB is a weak OB that price could easily break through. This level will become the liquidity and price may grab it before it goes further down.
The TP will be the next significant level OB.
NZDCAD HH impulseThis trade is determined by the strength of the NZD. It uses a very small stop loss. Retails are the Sell Side. We are buy
Let's see everything is decided on the fundamental
THE DOLLAR KEEPS FALLING AND IT WAS CALLED OUT HEREDXY UPDATE, as you can see in the previous posts that I will link here. The DXY has been dropping for the past two weeks. Notice how the market shot up in the beginning of this week to then drop. This is a classic move that happens to begin the week with making investors believe we are in a bull market. When that is not the real sentiment of the market. Im not here to brag about what I've been calling out I'm here to just keep posting my ideas and hoping that some people capitilaze on my ideas. I believe the dollar will drop even more from where its at. I got in some trades this week if you would like for me to go over them and how I connected it with my dollar analysis just let me know so we can all learn and grow. Happy trading :)
GBPJPY trade Idea I would like to see GBPJPY make a run to that Volume imbalance. If you take a look at my last post about this pair you'll see how I dissected it on a lower timeframe. This market is showing a lot of bullishness I'll be expecting some lows to form and look for Buy entries. After the market took out the recent oderblock it was telling me that we are in bull territory so now we just look for retracements and wait. Also I am bearish on EURGBP so when EURGBP is bearish we will see GBPs do the opposite.
GBPCAD trade idea for LondonGBPCAD is showing strong bullish movements after hitting off of a weekly bullish order block. Im looking for the market to drop about 30 pips around the daily oder block entries, depending on what EURGBP does during London open. That will be my main indicator on if GBPCAD will be a buy or not. Also I see the buy side liquidity pool has been created over time with the triple top. It's just a matter of time before it gets violated and we make a bull run, although I wouldn't really hold on to buys for too long on GBP pairs.
EURGBP TRADE ANALYSISI would like to see EURGBP drop since it hit off of a bearish Daily Oder block. That gave us a nice reaction to the down side. Now I would like to see the market show a sign of retracement for us to capture some sell entries and have the market continue to the downside just like how I said. It's important to notice how the market will take out that liquidity pool because that will tell us if it will continue to drop, rise off this level or consolidate at that price. Also keep an eye on that bullish oder block that I highlighted the on the one hour timeframe we could see some reactions off that level as well.
ETHUSD Coinbase Price Action with OrderblocksGoing sideways at the moment, either we retest the daily OB or make it above the 4h OB, waiting on the sidelines until I get a clear trading setup
