XAUUSD got rejected from a strong Daily-Weekly resistance, broke the bullish trendline and retested the last lows. For those who missed the sell entry, another opportunity would be right now. The bullish trend on H1-H4 was broken and retested, making it perfect to entry right now.
Eurjpy meets a daily bearish trend and also a resistance area. We also have a bearish divergence on H1 so I'm waiting for the price to break the bullish H1 trend and retest the 129.500 area in order to place a short.
There is a great opportunity for a short on AUDUSD. We've reached a strong bearish Daily trend and also a good resistance zone. The price formed a bearish hidden divergence on Daily and a H4 bearish divergence. If you want a safer entry point, you could wait for the price to break the H1 bullish trend and retest the 0.76 area.
EURUSD has been in a bearish trend for a while. We had many bullish divergences in the last few days, we have a bullish divergence on Daily, and now we have a triangle on H1. We also have a pretty strong resistance at 1.1830. I want to see a breakout of both the triangle and the resistance and a retest of the 1.1830 level in order to open a BUY order.
We might have a great buy opportunity on USDJPY. The price was in a triangle on H4. It broke the resistance and now I'm waiting for a retest of it. The resistance also coincides with a H4 support the 0.50 fibo level and the bullish trendline. If the price makes the correction, I would love to see a hidden bullish divergence. Good luck!
We had a nice correction on EURJPY Daily. The price meets the 0.5 fibo level and forms a bearish hidden divergence. I would like to see another bullish wave on H1 so that it will form a nice bearish normal divergence on H1. If so, I will place another short.
There is a very good opportunity on GOLD. The prices have consolidated in a flat on DAILY and it now meets a support zone.
Buy Scenario: We have bullish hidden divergences on both Daily and H4 and normal bullish divergences on M30-H1, which suggest that another bullish movement should come. In order to place a long, I'm waiting for a Daily bullish candle.
Another triangle on XRP. Its resistance coincides with a strong resistance on H4. I expect the price to conoslidate here for a while as we have a bearish divergence on H1, but on the break of 0.74$ we should see a bullish wave up to 0.80$. If 0.80$ doesn't hold, we can see again the 0.90$ area. Good luck!
We have a nice strong resistance at 9000$. BTCUSD also formed a bearish divergence, but the price seems to consolidate in a flat, just bellow the 9000$ resistance. I placed a long position just above the 9000$ resistance. I didn't enter long yet because of the bearish divergence. The price may also consolidate in a bearish trend for a while, until the divergence ends.
XRP formed another beautiful wedge on h4(we can see what happened with the last 2 wedges, we made some nice profits there). The price have stayed in a triangle in the last few days and meets a strong resistance at 0.90$. On the break of 0.90, I expect another powerful rise up to 1.10$.
On the other side, we have a strong bearish divergence so the price may...
The price of oil broke the last major resistance and even though it looks like it should have a easy way up, the bullish trend seems powerless. The H4 bearish divergence makes me expect another bearish wave before the price continues it's upward movement. Good luck!
Ripple formed a beautiful wedge on h4. The price have stayed in a triangle in the last few days and meets a strong resistance at 0.70$. On the break of 0.70, I expect another powerful rise up to 0.90$.
On the other side, we have a strong bearish divergence so the price may consolidate in a flat for a while. I will short it if the price breaks 0.60-0.65$ area and retests.
I expect a strong bullish movement on XRPUSD. The price have stayed in a bullish convergence for a long time, it just broke the H4 bearish trend, and now ranges in a small flat. We all know what happens on breakouts :)
I am currently looking for a correction on USDCAD. We had a strong movement after the head&shoulders without a major correction. We already have a bullish hidden divergence on Daily and normal divergences on lower timeframes. The price may stay in a flat for a few hours. I will keep this idea updated.