OANDA:NZDCAD Short on a 4hr demand zone - waiting for another retest into the zone to decrease risk- not sure about the take profit however 3;1 must be achieved. Ultimately I'm not sure ill take it and instead wait for the zone above.
OANDA:NZDUSD missed a trade on the upside - may enter a trade on the downside - to enter I need to see a break both trendlines and potentially a reverse back into a smaller tf zone
OANDA:USDCAD 4hr supply entering on the 1hr - placed a limit order waiting for price to come back into the zone then predicting price to move up - Good ROI
Price is coming up into a supply zone on the 4hr for another test. Previous price swings to the downside are getting longer signalling to me that price is moving further down. Let's see a break in trend first before we consider an entry. We do this in order to clarify that buyers have left the markets and more sellers are coming. Things to consider are how...
Price has shot down into the Weekly demand zone with a daily zone just above it. We are looking for a confirmation that the trend has changed which could be from a break in the trend and no more further declining in price past this current zone. For an entry we will need to see a retest on the zone (30min/1hr) and R/R needs to 3;1 OANDA:GBPJPY