W1 - Bearish cycle completed. D1 - Good up trend line has formed. H4 - Price broke above the range and is still holding H1 - We had two false breaks. We will be applying the double trend line breakout principle here. After the breakout of the first trend line wait for the double wave correction to complete itself and go short with the breakout of the most...
D1 - Triple cycle completed followed by double wave which is expected to be the correction. Two possible scenarios. H4 - Until downtrend line holds we can look for sells. H4 - If we get a breakout of the downtrend line, last high and the level mentioned in the chart, we can start looking for buys.
Weekly range and price created a false break and it has bounced from the top. Our final target is the bottom of the range. Daily - Bullish divergence formed. correction is expected to happen. H4 - Triple cycle has completed itself. We have convergence and also divergence with false break. Once the correction completes itself, look for breakout of the most...
D1 - 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...
W1 - Triple cycle completed, we are after buys in the longer term. D1 - Pair bouncing from the bottom trend line of this channel H1 - After the short term bullish cycle that we saw in the up, pair is most likely into correction now. We are following this double wave correction and the most recent Trend Line. Once broken to the upside we can look for buys.
D1 - Bullish divergence forming. H4 - Pair was trading in a range. This range got broken to the upside. We are now after corrections to go long. Next important level we have in front is the 111.00. Ideally we want to see pullback in the form of the double waves and look for a buy.
H4 - We can now start looking for pullbacks to short as the breakout of the up trend line has happened. Two possible Scenario in M15: Double wave correction – followed by trend line breakout for a sell. Flat correction – followed by break of the range for a sell. As long as the last high is holding we can look for shorts using the double trend line principle.
H4 - We follow the two zones marked on the image. We want to see the price breaking above the trend line before start looking for buys. H1 - We can expect divergence to be recreated.
Our plan is still valid and correct. The zone we were following 1.2850-1.28 got false broken and price is currently trading inside it. Before looking for buys.There is a trend line and resistance. Alternatively there is a breakout of the up trend line on the D1 chart and we may see a further move down. This is why we are waiting for the h4 chart breakout....
H1 - We got the breakout below the 86.75. Price testing the resistance zone. We can look for shorts using the double TL principle as long as this high is holding. M15 - We have two trend lines on M15. Aggressive entry would be with the break of the TL (M15). Conservative entry would be with the break of most recent low + trend line(M15) NOTE - Keep in mind...
W1 - Price respected the range and also bearish divergence has formed. D1 - Double cycle completed. Final target of the D1 cycle is highlighted. We also have Band to Band duplication. H4 - Triangular pattern has formed. We can look for a breakout at the bottom of this pattern and then look for sells. H1 - Another trend line that was already broken....
D1 - We had a trend line breakout Price now pushing above the trend line again, which most likely means we are going in a range (as long as last daily top holds) Our idea is simple, we are looking to sell, as long as the resistance zone marked on the image below is holding the price below. H1/H4 - Range that could be seen on H1/H4. Up move at the...
D1 - Price is moving inside the daily range and the top was respected. As long as the last high is holding we can expect a down move from the top of the range. Currently we have a correction and we can expect to see a further down move once this correction is over. H4 - We have an uptrend line and also there is already bearish divergence. We will start looking...
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...
H4 - Range broken down and price pushed lower. Potential bullish divergence was created on D1 and H4 confirms with bullish divergence as well. Start looking for buys from this zone. This support zone must hold in order for out plan to be valid. Keep in mind the important level for us at the moment is 1.28-1.2850.
D1 - Price broke below the uptrend line. Now its better to wait for the price to break above 143.20 and then start looking for sells.
W1 - Double cycle completed D1 - Special Cycle (second leg of the weekly cycle) completed Higher highs on D1 and we can now expect either a flat correction and up move or double wave down and up move Aggressive - if you want to be more aggressive you can try to scalp buys near the bottom of the potential intraday range. Of course this scalp should come with...
D1 - Range. Ideally we want to see another push down towards the very bottom of the range creating and completing divergence Then we want to see higher highs and/or trend line breakout to the upside to go ahead and buy. Invalidation - Skip the setup, if price pushes higher towards the top skip the setup or If price breaks below the bottom and confirms the breakout.