In this parallel channel, we have an awaiting multiple timeframe hidden bullish divergence to trigger on 1.078-1.77. In the past, twice have occurred, two 8h hidden bullish divergence that took flight as u can see.. Incoming to launch again tomorrow another 8h hidden bull divergence likely to happen in news hopefully to continue the channel upwards. In addition there’s a falling wedge vs dxy rising wedge.
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Major support around 1.077. If this gets tapped and rockets up we swinging on money baby.Note
oOoOo 888 oOoOoNote
Will move support to 1.076 (weekly support) if this gets tapped and plays out to continue the channel to uptrend then we gucci!Note
Damn unfortunately it’s been 9 hours since I posted this idea and it turns out that the bullish divergence is now invalid. Will see what happens the next couple hours before newsNote
It seems 1.077 was tapped oh shit lolNote
Upon checking we on 8H hidden bull divergenceNote
Was spot on entry and was good for scalp for now. 8H bull divergence will be tested a few times similar to previous market structure. I still believe we are bullish but will range till then.Note
Double bottom just hit 1.077Note
Another double bottom on LTFNote
Yeaahh trade lookin good!!Note
Stop loss to entry, trading risk freeNote
DXY lookin bearish with the falling wedge and Eurusd double bottomed this trade is playing out from start. I would add position on pullback with a tight stop loss.Note
I caught the pullback yessirNote
Perfect timing for that massive bull wick with news whooo hooNote
First higher low spottedNote
Love this set up. Playing outNote
Broke out of trendlineNote
Sorry i can’t update with a new chart but i’m sure u have yours open. Trade idea: I’m looking to add a new position on the SECOND HIGHER LOW if we get it at 1.081-1.0805
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.