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Doublewave

USDCHF Sell IdeaW1 - Price is moving inside a triangle pattern and is currently nearing the bottom of it. H4 - Bearish hidden divergence. H1 - Potential double wave with second leg developing. We may expect one more push higher towards the critical zones with the price creating bearish divergence. We may then start looking for sells with more bearish evidences towards the bottom of the weekly triangle. Invalidation - If the price breaks and holds above the critical zone (marked in yellow) then this sell setup would be invalidated.
Short
by VladimirRibakov
NZDJPY Sell IdeaH4 - Head and shoulders pattern, hidden bearish divergence. Price did break and close below the neck line, validating this head and shoulders pattern. H1 - Price created double wave and it has now reached the 61.8 fibo level. Bearish divergence forming, once the bearish divergence completes itself, we may then start looking for sells with more bearish evidences. The target for this sell setup would be the duplication from the head towards the neckline of the head and shoulders pattern.
Short
by VladimirRibakov
GBPJPY Sell IdeaD1 - Potential hidden bearish divergence forming. H4 - Double wave up, price has reached the first magnet zone that has formed based on the 100 fibo extension of the first leg and 38.2 fibo retrace of the triple cycle. We also have another magnet zone that has formed slightly higher based on the 50% fibo retrace of the triple cycle and the 161.8 fibo extension of the double cycle. Bearish divergence, the price has created a perfect uptrend line and once we get a valid breakout of this trend line we may start looking for sells.
by VladimirRibakov
Oil Double ScenarioD1 - We are looking for two waves down to the 38.2% to 50% retrace zone of the special cycle. Once the price reaches this zone we may expect a correction to happen and look for short term buys. H1 - Bullish divergence (ignore the spike). Price broken above 59.35. In the short term we may now look for pullbacks and buys. In the mid – longer term we are after sells. Scenario 1 - Double wave down with hidden bullish divergence to form, we can then go long with the breakout of the most recent trend line. Scenario 2 - We may get a range, in that case any drop down or push to the bottom of this range is an opportunity to look for buys. Of course we must have a cycle on its own in intraday timeframe as well before we start looking for buys.
FOREXCOM:USOILShort
by VladimirRibakov
EURJPY Sell IdeaW1 - Double wave up, second leg is at 161.8 fibo level. Bearish divergence has formed. We may expect a reversal to happen from here. H4 - Price respected the uptrend line and broke below the last low. We may now expect pullbacks in the form of double wave up and then we can look for sells. As long as the high at 137.50 holds, we may look for bearish evidences and once we get bearish evidences, we can start looking for short term sells. Note: If the price breaks above the last high at last high 137 50 then this setup is invalidated.
Short
by VladimirRibakov