Pairs on Watch -
NZDCAD : Price is now sat at the highs with a potential M style in play, where we could see this volume in the middle scoop up to the value area and an aggressive sell off back down to the lows. I will be look for a clear turnaround on the 1H minimum before a 15M continuation for the sells. If not, I will sit tight and see how price develops, as other CAD pairs potentially could develop into longs therefore keeping my mind open for both directions.
GBPCAD : The price action on this pair looks very similar to NZDCAD in terms of the M style volume in the middle and impulsive drive up to the highs. However, price has not quite reached the value area just yet and potentially could give us a developed 1H structure for the longs. If this is the case, I will filter to the 15M and look for a risk entry long, manage into the high for a 3:1 and if I have to then flip for the short then I will.
NZDCAD : Price is now sat at the highs with a potential M style in play, where we could see this volume in the middle scoop up to the value area and an aggressive sell off back down to the lows. I will be look for a clear turnaround on the 1H minimum before a 15M continuation for the sells. If not, I will sit tight and see how price develops, as other CAD pairs potentially could develop into longs therefore keeping my mind open for both directions. GBPCAD : The price action on this pair looks very similar to NZDCAD in terms of the M style volume in the middle and impulsive drive up to the highs. However, price has not quite reached the value area just yet and potentially could give us a developed 1H structure for the longs. If this is the case, I will filter to the 15M and look for a risk entry long, manage into the high for a 3:1 and if I have to then flip for the short then I will. 
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.