D1 - Price is nearing the top of the falling wedge pattern. We have a magnet zone based on the 261.8% and 61.8% of the first leg of the two double cycles which coincides on the same zone with the top of this wedge. Price has currently reached this magnet zone, once we get evidences of bearish reversal we may start looking for sells. Invalidation: If the price...
D1 - Price is at the middle of a bullish channel, bearish divergence forming. We may now expect the price to move higher until it reaches the top of this channel and a bearish reversal to happen from there. H4 - We have a magnet zone based on the top of the daily channel and the 100 fibo extension level of the two double cycles. Once the price reaches this...
H4 - Price is at the top of the range, bearish divergence forming. We have a perfect uptrend line. We may now expect the price to create one more push higher with bearish divergence to complete itself. We may then start looking for sells with the breakout of the uptrend line.
H4 - Triple cycle up forming, based on the fibo extension levels of the two legs, we have a magnet zone. We also have a bearish divergence. Price is nearing this magnet zone. Once price reaches this zone we may expect a bearish reversal to happen. We may then start looking for sells with the breakout of the uptrend line.
H4 - Big double cycle up, bearish divergence has formed. The second leg of this double cycle has reached the 100 fibo extension level of the first leg and is holding in that zone. Once we get a breakout of the uptrend line we may look for sell setups, until price reaches the 38.2 - 50% fibo retrace zone.
H4 - Special cycle completed, currently a retrace is happening in the form of double wave up. We may now expect this retrace to happen until price reaches the 38.2% – 50% fibo retrace zone. Once the price reaches the magnet zone, we may look for evidences of bearish reversal and then we may start looking for sells. Note: The conditions here are really good,...
Sell Scenario: D1 - Special cycle completed, currently a retrace is happening towards the 38.2% - 50% fibo retrace zone. Once the price reaches this zone we may look for evidences of bearish reversal and may start looking for sells. Buy Scenario: H4 - Triple cycle completed, currently it looks like a retrace is happening in the form of double wave down towards...
H4 - Triple cycle completed, currently it looks like a correction is happening in the form of double wave down. Once the price reaches the magnet zone look for confirmations of bullish reversal in the form of bullish divergence, false break, trend line breakout, etc... We may then start looking for buys.
H4 - Special cycle has completed itself, currently a correction is happening. We may expect this correction to happen in the form of double wave up until price reaches the 38.2% – 50% fibo retrace zone. Once the price reaches this zone look for evidences of bearish reversal in the form of bearish divergence, false break, trend line breakout, etc.. We may then...
H4 - Looks like special cycle is completing itself, price reached the magnet zone, we have bullish divergence. If the price moves higher and if we get more bullish evidences in the form of false break and trend line breakout. We may then start looking for buys expecting the price to move higher until it reaches the 38.2 - 50% fibo retrace zone.
W1 - Double cycle up completed, we may now expect the price to move lower until it reaches the 38.2 fibo retrace zone of this entire double cycle. D1 - Price broke at the top of the range, if this turns out to be a false break, we may then expect the price to move lower until it reaches the bottom of this range. If the price breaks below the bottom of this range...
H4 - Triple cycle up forming, we have a magnet zone based on the fibo extension levels of the two double cycles. We may now expect one more push higher with price reaching the magnet zone and a bearish reversal to happen from there. H1 - Price is respecting the uptrend line so far. We may now expect one more push higher with bearish divergence to form. We may...
D1 - Hidden bearish divergence. H4 - Bearish divergence. Double cycle up, the second leg of this double cycle has reached the magnet zone. We may expect a bearish reversal to happen from this zone and we can go short with the breakout of the most recent uptrend line.
D1 - Price is moving lower towards the bottom of the channel. H4 - Bullish divergence, double cycle down, the 100 fibo extension level of the first leg coincides with the bottom of the daily channel thus forming a magnet zone. Once the price reaches this magnet zone look for evidences of bullish reversal and then we may start looking for buys. Invalidation: If...
H4 - Triple cycle up, the third leg of this triple cycle is moving higher towards the second magnet zone. From this zone we can start looking for a possible stop and retrace signs. if we can see any, we can think about some sells from here. If this zone doesn't hold, we may then expect the price to move higher and reach the third magnet zone and may look for a...
H4 - Double wave down, currently the price is at a critical zone where we have the 100fibo extension level and the uptrend line. We may expect a bullish reversal to happen from here or we may expect the price to move lower and reach the 161.8 fibo level and a bullish reversal to happen from there. Once a bullish reversal happens mark the most recent downtrend...
D1 - Double cycle completed, we may now expect the price to move higher until it reaches the 38.2% retrace zone. H4 - Price broke the most recent downtrend line and retested it. We may start looking for buys now. Invalidation - If the price moves lower and holds below this downtrend line, then this setup is invalidated
D1 - Price moving inside a bullish channel. Price which reached the top of this channel is currently moving lower. We may expect it to move lower until it reaches the bottom of this channel. H1 - Bearish divergence, price broke the most recent uptrend line which we may consider as an evidence for bearish pressure. Everything looks good here to start looking for...