Tradehouse
EURUSD SmartMoney Concepts IdeaWe've had a capture of liquidity bellow Equal Lows and the price have did a new HH, in spite of everything that was happening in USA with Iran I'll keep looking for a buy on EURUSD, that it our picture in higger timeframes. Ill be looking for my entry on that order block cause bellow we have already the market balenced.
AUDCAD SmartMoney Concepts IdeaWe've had a capture of liquidity on Equal Lows, have done a new point of structure, an HH, and the price have already done now new Equal Lows, so,it have'nt yet hitted our sponsor, so I'll wait this week the price pick the liquidity bellow that Equal Lows and do a new sponsor candle and a new HH.
USDCHF Long Term Outlook 12/17/19Monthly has been pretty flat, Weekly we are in a correction move for uptrend. Daily looks like it just went through a distribution schematic. Unhealthy price action in the form of imbalance (orange box). I will be looking to see future price action and possibly selling the 4H zone (blue) down to the target. Will update as price shows me what it's going to do.
USDCAD Long Term Outlook 12/17/19Monthly/Weekly uptrend, we are in a possible distribution schematic (Wyckoff)
Daily Downtrend
Depending on future price action, I will consider selling the daily area (blue line) as the UTAD of this schematic.
If price dips before upthrust into Daily zone below current price (blue line), I would consider buying that area up and taking profit at the latest at the Daily high. This zone seems valid to me because of the imbalance above it (orange box), and the fast move away it had in previous price action. There's also significant equal lows to break through to collect liquidity. Either way, I think we are going down sooner or later. The question is how significant the upthrust is.
With a situation like this, I will probably wait to see if price reacts the way I want it to, and enter in on a smaller time-frame when/if it does.