H4 - Price broke above 0.8930. Second leg of the double wave is around the 100 fibo level, we may expect a bearish reversal to happen here or from the 161.8 fibo level. Once the reversal happens we may expect the price to move lower until it reaches the 38.2% retrace of this double cycle and then we can go long with the breakout of the most recent trend...
D1 - Big double cycle and triple cycle completed, we may now expect the price to reach the 38.2% retrace of the double cycle and 50% retrace of the triple cycle. Two trend lines and bearish hidden divergence has formed. H4 - Bearish divergence, price is respecting the 100 fibo level. H1 - Three false breaks and bearish divergence. If we get a break below 168.65...
Bearish Bat pattern on the daily could lead price to blue trendline. Wait for a flag pattern before entering with simultaneous RSI confirmation. Since this week is full of Interest Rate decisions, please pay close attention to correlations between your trades to diversify your risk. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying...
D1 - False break followed by higher highs, continuing bearish divergence (no PNP divergence yet). We might see new highs with the price reaching 160.70 magnet zone but before that we might see a double wave correction. H4 - We have first leg and it looks like a corrections is happening now. once the double wave completes itself in the 100 or 161.8 fibo level,...
Buy Scenario: H4 - Triple cycle up completed, now we may expect double wave down and once it completes itself we can long with the breakout of the most recent trend line. Sell Scenario: D1 - Price is respecting down trend line, hidden bearish divergence formed. If we didn't get a valid breakout of this downtrend line, we may expect the price to reach the...
H4 - Price broke out at the top of the range and is now respecting the trend line. Correction is happening now. Once the correction completes itself anywhere near the magnet zone we can look for buys. H1 - We may expect more pushes to the downside and the price entering inside the magnet zone and creating a bullish divergence, then we can go long with the...
H4 - Price respecting uptrend line, we may expect it to hold. M15 - We may now expect the price to move lower and reach the H4 uptrend line also creating bullish divergence. Then we can go long with the breakout of the downtrend line.
Pullback was done for sure (you can see it in h4) I took some longs positions
H4 - Price broke the downtrend line and the last high. H1- Price broke the H1 last high and has created higher highs. D1 - Based on the D1 cycle we will see limited bullish move as the main direction is bearish.
H4 - Price broke the uptrend line. We have bearish divergence with false breaks. Price has also formed a double wave up and the price is currently moving lower breaking the most recent uptrend line. We can start looking for sells.
D1 - Price bounced from top of the range, bearish convergence created. H4 - Triple cycle down followed by false break with divergence. If we get a double wave up to the 112.30 – 112.80 zone we can start looking for sells. Alternatively on the H1 chart if we get a triple wave up followed by double wave down, we can look for buys with the breakout of the most...
Easy sell setup, downtrend. Broken keytrendline. Corrective structure currently, although there is strong support underneath @76.265
Price has broken the bullish trendline, with a bearish candle due to Keystone restart. www.reuters.com
D1 - Triple cycle completed with divergence. Price bounced from the alternative trend line. We have further confirmations in the form of horizontal false breaks and alternative trend line false breaks. We may now expect the price to move higher until it reaches the zone shown in the screenshot. H1 - Triple cycle up, double cycle down, we can go long with the...
D1 - Triple cycle completed with divergence. Price bounced from alternative trend line. Further confirmations in the form of horizontal false breaks and alternative trend line false breaks. Based on the triple cycle we may expect the price to reach the zone marked in the screenshot. H1 - Triple cycle up, double cycle down, we can go long with the breakout of...
H1 - Double wave down, if the price breaks above the downtrend line then we can look for buys. We also have bullish divergence. M15 - Bearish hidden divergence, critical zone formed with downtrend line, resistance zone, 61.8 and 100 fibo level. We may expect confirmations in the form of price respecting alternative trend line and breaking below the uptrend...
D1 - Price bounced from the top of the range. H4 - We have a downtrend line. If we get two waves up with bearish divergence then we can go short with the breakout of the most recent trend line. We also have hidden bearish divergence. If the price breaks above the H4 downtrend line then this setup is invalidated.