We are looking for a push down, false break of the trend line and/or supportive zone and then we can expect the Euro to continue higher. Stop loss – below the supportive zone. Target 1 – 1.10 Target 2 – 1.11 Note: Once target 1 is reached, collect partially and move the stop loss to break even.
There is a great up trend line coming from the bottom. I have also marked a strong horizontal support zone. Basically we are looking for a breakout above the blue dotted line. That could happen from the current market level or if the pair pushes lower and then breaks above it. The signal would be invalidated if we see a breakout below the up trend line and...
I’m following the potential up trend line to develop on the M15 chart. Once price enters the sell zone, ideally we want to see divergence followed by a breakout below the trend line. After the breakout, let the price retrace a bit and then short the pair. Set your protection above the longer term bearish trend line that comes from the highs of the H4...
We can try to short the pair with the breakout of the up trend line. So once again wait for the price to enter the sell zone, let it break below the up trend line and after a small pullback, short the pair. Set your stop loss above the most recent high to be created. Target 1 – 1.0630. Target 2 – 1.0475.
This is the bearish scenario that we are following on the H1 chart. We want to see a break, small correction and then sell. Final target would be the up trend line from the bottom. First target – once bullish divergence forms. Cash out part one and set the Stop loss to break even. Stop loss – above last high.
The support around 76.50 is a key level that we want to hold in order for this setup to be valid. It is very likely that we will see one more push higher before the correction that we need in order to go long. Look for hidden bullish divergence to form near the up trend line which would be perfect trigger for this entry. Alternatively you can draw the most recent...
Buy dips near the H1 up trend line aiming the D1 down trend line from the tops. Stop Loss – below last low and the trend line. Target 1 – 78.80. Target 2 – 80.60.
A breakout in silver should attract more sellers. We can also expect the price to reach the up trend line which coincides with a strong support zone around 17.00-17.70. Look for a breakout of the triangle on the H4 or H1 charts and after a small pullback go for a sell. Stop loss above last high. Target 18.23.
look for the price to enter the buy zone. Then draw the most recent down trend line and wait for the breakout above it. We want a small correction after the breakout, where the buy entry would be. Stop Loss – below last low. Target 1 – 1.7250. Target 2 – 1.7780.
Buy dips in crude oil as long as 42.70 supportive zone holds the price above. The commodity did a breakout above the most recent down trend line on the H4 chart, re-tested it and it is now set for further gains. Stop Loss – below last low to be created during the pullback. Target 1 – 46.00. Target 2 – 47.00.
Wait for the FED and their statement. Depending on which way the breakout would happen go with this direction. Buy Scenario: Stop loss – below the last low to be created. Target 1 – Last highs around 2186.50. Target 2 – Keep it open until bearish divergence starts to develop. Sell Scenario Stop loss - above the last high to be created. Target 1 - Last...
Wait for the price to enter the buy zone, we want to see bullish divergence, then breakout above the trend line, small pullback and buy. Stop loss – below last low created. Target 1 – 102.00. Target 2 – 103.30.
Look for one more low, then break above the trend line, small pullback and go long. top Loss – below last low created. Target 1 – 1.4890. Target 2 – 1.5030.
Break below the up trend line, wait for a pullback and sell. Note: This setup is valid as long as last high holds. Stop Loss – above last high to be created. Target 1 – 0.9585. Target 2 – 0.9530.
I'm looking to buy near the H1 chart bullish trend line. Ideally i want to see a double wave correction near the TL ending with bullish divergence. Stop Loss: below 1.0290. Target 1: 1.0340. Target 2: 1.0430.
Look for a breakout above last high. Then wait for a pullback and buy. If we get bullish divergence on the h1 chart would be an extra confirmation. Stop Loss – below last low to be created. Target 1 – 1.0340. Target 2 – 1.0400.
Bullish continuation is expected in Gold. It all starts from the H4 chart where the commodity broke above the most recent trend line and it looks like it is correcting itself at the moment. I believe this correction is near its end as we are pretty close to the trend line (re-test) and there is a strong support zone on the way. Hidden bullish divergence formed...
Sell Scenario 1 (H1 Chart) We don’t yet have a clear trend line but if the pair consolidates before pushing higher, we will use the low to draw our most recent bullish trend line. Once price reaches the 1.3210 level, we can start looking for the breakout below the TL. Stop loss – above last high created. Target 1 – 1.3100. Target 2 – 1.2960. Sell Scenario...