We are in this weekly range. Zones shown here in red. After the market broke the support. Turns my bias short. Looking for structure breaks on lower timeframes to continue down. Do not write off that the market could break on the lower time frame bearish and then turn bullish again to retest or clear top side liquidity. I believe the market wants to go higher...
Next weeks outlook on USDCAD. Despite 100% retracement the candles are showing some bearish pressure. Indicating the market wants to clear LL Liquidity. Dropping down on lower time frames 4H-1H-30m to look for overall structure break Then entry on bearish continuation.
This zone I created is the one I see as most valid. Do I even consider the other two down candles? When I go up H4 it gives me a Clear zone. Would this one make more sense?
First H1 down trend. While still in Daily Uptrend. This break of structure and Leaving Demand zone. Signifying it's ready to transition bullish. Once it tapped into Demand it pushed up and broke minor H1 Structure verifying the Uptrend continues. Next looking for fresh Demand zones for entry in Bullish direction to Liquidate highs.
Targeting above the last Higher High. Look for buys on lower timeframe.
We are at a Weekly Support area. The lower time frames are starting to transition.
Not in this trade currently just showing how this played out. Had an engulfing on the Daily and H4. Support turned to resistance on the M15.
Keep in mind I'm waiting for confirmation when it gets down to the orange support. Not just entering bc of the area. I would need to move down to M5 for actual entry.
H4 made engulfing and retested on 15m. Stop placed just below the H4 candle. TP Up at the daily resistance
Long idea on Euro/usd looking for more confirmation when it does get down to price. ex. bullish engulfing h4, or double bottom on 30m/15m coupled with H4 engulfing or variation.
Looking for a based off the daily chart and with confluence of the H4
Correction on the daily. H4 Down trend. Looking to buy in a bit lower.
making it's daily correction. Waiting for bullish signs on the H4
Link is in a correction on the daily but in a very good spot to buy back in on the H4 chart.
Slight short here on the H4. Still Bullish daily
Kyber is in a Slight downtrend daily and H4.