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Orderblock

USDCAD - Looking for support at the .23100 LevelUSDCAD BUY LIMIT @ 1.23100 Stop Loss: 1.23020 (Add Spread) TP 1 (1R): 1.23186 (Scalp TP / SL→BE) TP 2 (3R): 1.23356 TP 3 (5R): 1.23526 TP 4 (10R): 1.23950 Reason: Price showed strong resistance in this area in its last testing action to the left. I would like to see price react, and I will be waiting for a Break of Structure or a Wyckoff Accumulation Schematic for my entry. Alternatively, set the limit and cross your fingers 😅😅 Are you guys looking at the same thing??
Long
by lakishnarayan
4
USDJPY - Buy IdeaWe're currently in a discount market where we would like to see the market move away from. We have Sign of Strength when it took out previous highs, now coming down for a retracement. We have a Liquidity Void (Imbalance) for the market to move Up to fill. We have a Strong Orderblock that also took out previous lows, and the Orderblock has not yet been mitigated, making it even stronger. My Entry is at Equilibrium of the Orderblock. (Be cautious as we are in Summer Doldrums where markets may move very unpredictably, this trade may fail but it's a valid setup).
Long
by Bastianelton