GBPAUD is currently sitting on top of strong weekly support in the form of a weekly order + block. I expect to see price work its way through all the PD arrays and find it's way thorugh price to reach out target.
EURUSD has been in consolidation for 2 days. Proceeding the consolidation, price reacted off a 4 hour Order + block, by producing a turtle soup (false break below). Rally is expected to happen around the FOMC announcement. Price is expected to reach into buy-side liquidity in form of buy stops with an ultimate target to the liquidity void.
Price rallied form a 4 hour bearish reversal signal causing price to impulse in a downtrend. Price is currently in a consolidation phase after breaking bullish market structure. Expecting price to make a strong movement out of the consolidation after correcting. Wating for price to correct at our 50% fibonacci before taking a short for approximately 400+ pips...
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UsdCAd is currently in a consolidation pattern. Looking for monthly highs to be tested after a break out of the range.
WE have audchf reaching a weekly resistance and have two targets
**Trade Plan Included** **Name asset/time frame** EURJPY **Entry:**REJECTION OF KEY LEVEL OR BREAK OF TL **Exit:**1.27092 **Size of the trade:** .04 LOTS **Starting Balance**TBD **Ending Balance:**TBD **Profit /Loss:**TBD In the EURJPY we are facing a bearish scenario after a rejection on the daily rejection of 129.000 handle. Currently support zone at...
GBPAUD is coming off monthly lows, due to Brexit fundamental weakness in the background. Price bounced off monthly support level where buyer orders were activated indicating a demand zone. One thing to note is price found support at 1.71455 resulting in possible bearish exhaustion indicating this was a demand zone. Macd cross and divergence lead the move up...
GBPAUD is currently facing a Bullish scenario in which we see "price" coming into an area of Major resistance.