sell UC. 30 pips SL tops in case the you're wicked at the ceiling
Looking for price to go to the order block circled in yellow, then buy from there. Set your stop loss and lot size according to your risk appetite
Price is at structure and we are in an uptrend. good time to buy to continue to upward move.
Buy opportunity using the Stop hunt strategy. Tight SL, but manage your risk
We are looking for sell opportunities as this market is bearish. Typically the 88.6% fib is an optimum price point. but there are areas of imbalance where I see price going to that can be points of entry. Imbalance can be at the 50% of an institutional candle (IC) or a retest of a breakout/wick Entry- I've listed 3 entry points for this short. Divergence - ...
GBPCAD has been bullish. We ideally should be looking for buy setups but this institutional swing high is giving us an opportunity to ride the price back to the order block left by the institutions (Circled in yellow). The expectation is they will return there to rebalance books after taking out shorts. Will keep an eye out to see if they will buy from the order...
Wait for price to retest structure before entering the sell. We want price to go re-balance 50% of the institutional candle which also confluences with the 61.8%FIB which is a key bounce area If trade setup is successful I will exit at TP2, but you are welcome to stay till TP3
Looking for the head and shoulders pattern to complete, We will; 1. Wait for price to break the support line 2. Come. back up to retest it 3. On the failed retest we will enter the short. See TPs in chart
Price is in an uptrend and has left an order block which I have circled in yellow, behind. it will come back to rebalance that before continuing its move upwards Setting a buy limit order which may take a few days to activate
Remember CADJPY are a commodity pair i.e OIL Canada is a net exporter of oil and Japan is a net importer, so When Oil goes up CAD is stronger and JPY is weaker and when OIL goes down, CAD is weak and JPY is strong 1. Over the last 3 years, on the Daily/weekly chart, CADJPY has been trending down in a descending channel. 2. We are now at the top of the channel...
GBPJPY - Price hit key structure. Keeping stop loss tight and shorting. TP4 is wishful if a reversal to the top of the upward channel has not been attempted
On the daily/weekly chart, price was able to balance out the wick. - see screenshot below A small correction is needed and the order block circled in yellow needs to be rebalanced too
Remember CADJPY are a commodity pair i.e OIL Canada is a net exporter of oil and Japan is a net importer, so When Oil goes up CAD is stronger and JPY is weaker and when OIL goes down, CAD is weak and JPY is strong 1. Over the last 4 years, on the Daily.weekly chart, CADJPY has been trending down in a descending channel 2. LONGTERM - We therefore want to get...
Been waiting for price to hit the order block on the 3H timeframe. We can now enter the trade
On the daily timeframe, price has been bullish and recently bounced off the uptrend line. It has been respecting structure on the 1H timeframe so we are in a buy to continue the trend
The market is still bullish The liquidity/stop hunt has happened and the bearish institutional candle needs to be rebalanced You must wait for price to move back above up and fail to break down below structure before you buy - See the arrows See chart for Entry, SL, and TPS