Sell AUDCHF false breakLooks like price failed to rise above channel to a new territoy , so at the moment i sell the top of the channel
If price rise again and break channel then look for long on support .
Best of luck :-)
Falsebreak
CADJPY Sell IdeaD1 - We are after sells as long as there is no invalidation for this bearish plan, which will be the break above last high.
H4 - There are multiple false breaks and correction is happening now.
We saw a false break of the up trend line also and price got back inside the wedge. A breakout will follow from this zone and if it goes in our direction we will be there to trade it.
In summary – here is what we are looking for: breakout, correction and we can look for sells.
looking to buy EURAUDMain trend is up and bearish h&s pattern formed, but If we stick with the trend we should expect higher prices to the upper channel.
Therfore i will wait price to reach the support zone and buy there after a clear reversal pattern will be formed.
If that what will happen it will tell me that h&s pattern is going to fail and price will shoot up.
Best of luck :-)
looking to buy CADJPYWill try to long on the break or another reversal pattern till next resistance.
Best of luck :-)
AUDUSD sell in resistance areaThe plan is to sell this pair inside the resistance area after a false break.
Then hold the position untill support area and buy there for the longer term.
Best of luck:-)
Looking to buy GBPJPY dipAlthough GJ is in downtrend we are in a major support area.
At the moment i'll wait to buy a dip as describe on the chart.
First target will be the upper channel and second target will be 142 area .
If price will go the 142 area it should be easy trailing position there.
The best scenario for me is entering using 1H time frame with clear reversal pattern.
Best of luck :-)
Looking to short USDJPYWaiting to short this pair at the next resistance area - marked on the chart.
Best of luck :-)
Hopefully a SELL setup on NZDUSDAs you can see in the chart :
The best scenario for me is waiting the currency will fail to move higher and that is when i look for short .
Best of luck :-)
looking to buy usdjpybig bullish bar react on support.
So i will look to enter a position with low risk and high reward , then sell at the next resistance area
Best of luck :-)
Gold Buy Idea Updates and Follow Up We got correction and buy opportunity towards the top, that is exactly what we were looking for.
Divergence on H4 and H1 chart.
I expect to see a potential divergence that we have at the moment, with another push up reaching the top.We may also see a false break and then a move down.
Its time to get ready for sells. If you didn't already collected your profits, prepare to cash out now.
Invalidation - if we get a break above (confirmed breakout, not a false break) the top we are following around 1295.40 the sell idea will be invalidated.
EURUSD Sell IdeaPotential false break forming with the close of this H4 candle.
What we want to see is a break below last low around 1.1780 and then start looking for sells.
AUDCHF Sell IdeaWe have a perfect sell zone and the price has now entered this sell zone.
We have bearish divergence formed, now we will be looking for a false break above the last high and then the price to create lower lows.
Once that happens we can start looking for sells.
BMW Sell IdeaD1 - Price broke out at the bottom of the daily range. We can look for sells, if this breakout doesn't turn into a false break.
H4 - Price has created lower lows.
H1 - Bearish divergence has formed wait for a double wave correction and once the break out of the most recent trend line happens, look for sells.
NZDUSD Sell IdeaD1 - Price entered the sell zone. We can look for sells as long as top of this sell zone is holding.
H4 - We have false breaks along with divergence and also there is a great trend line.
Don't rush into trades without confirmation as the risk-reward here is fantastic (target 1 0.71, target 2 0.6850)
Wait for good confirmations that the price is ready to reverse. You can use smaller risk than usual.
BTelecom Buy IdeaW1 - Weekly divergence with false breaks.
D1 - Trend line broken up.
H4 - As long as 2.84 is holding, we can look for buys
BMW Buy IdeaD1 - Potential daily range and a false break has happened.
H4 - We have higher highs and correction is happening now.
H1 - As long as last low of the range is holding we can look for buys.
GBPCAD Updates And Follow UpPrice is currently pushing up and made the move to the zone where we wanted it and it reacted very nice from it.
Conservative -Only after the blue trendline is broken start looking for buys with your favorite strategy.
H1 - we have a classical Forex Libra Code setup -
We have divergence (red) followed by higher highs (blue). What we can expect now is pullbacks and then go long.
Aggressive entry - Already paying up good. We have alternative trend line along with divergence and the H1 false break (blue horizontal line):
H4 - vVry strong action zone which is being respected so far.
You can use Forex Crystal Ball strategy for confirmation.
AUDCAD - bulls ready to take control?D1 - Price reached uptrendline
H4 - Potential divergence and false break.
I would start looking for buys once the most recent high (currently around 0.9870) is broken up, and price creates higher-highs.
Final target here would be the parity level: 1.0000
AUDCAD - bulls ready to take control?D1 - Price has reached the uptrendline.
H4 - Potential divergence and false break
I would start looking for buys once the most recent high (currently around 0.9870) is broken up, and price creates higher-highs.
Final target here would be the parity level: 1.0000
EURCHF Follow Up AnalysisIn the previous post last week, we said that we are after buys that will come immediately after corrections.
There were two false breaks on the H1 chart. We already see H4 divergence and I expect a short term bearish correction.
There are two possible trading scenarios now:
* Short Term Sells
* Longer Term Buys
Final target for the sell positions will be around the 1.09 level. Of course watch out for bullish divergences. Basically once you start getting Forex Triple B or sRs Trend Rider sell alerts, you can try shorts.
Next step would be to switch for buys. Once we start getting buy signals, at the levels where we have confirmations for the end of the correction, we will switch the trading direction and long the pair.
Let's first of all focus on the sells now, and when the time comes, I will update you.
USDCAD Follow Up and UpdatesWe said we are looking for pullbacks and then sell, in the previous post.
However the market pushed lower towards the target zone and didn't provide us with such opportunity and it is now time to start looking for buys.
D1 - Price reached the zone exactly where we expected it to reach.
Also we have:
* magnet zone
* triple cycle
* very strong horizontal support
* ongoing bullish divergence
H4 - bullish divergence is also present but there are no false breaks yet. We want to see false breaks to confirm the current bearish momentum is running out of steam,
BUT be patient, follow the price action, wait for confirmations and signals from the strategy that you are using.
Don't just jump into a trade because it looks "sexy" and tempting.
