D1 - Price is exactly at the 50% correction. I believe that we might be seeing the bottom very soon, then I expect the price to recover. H4 - Double waves down, the price might move higher from here or we might get one more push to the downside and then we may expect the price to move higher. Aggressive Approach - Join the bulls once the price breaks the...
W1 - Price moving inside range and is at the middle of the range. Price has also respected the previous spike. D1 - Bullish divergence followed by bullish convergence, we may now look for pullbacks and buys. H4 - Double wave down, we may now expect the price to move higher. Once we get a breakout of the downtrend line, we can join the bulls. Alternatively if...
H4 - Price broke above 0.8930. Second leg of the double wave is around the 100 fibo level, we may expect a bearish reversal to happen here or from the 161.8 fibo level. Once the reversal happens we may expect the price to move lower until it reaches the 38.2% retrace of this double cycle and then we can go long with the breakout of the most recent trend...
Buy Scenario: H4 - Triple cycle up completed, now we may expect double wave down and once it completes itself we can long with the breakout of the most recent trend line. Sell Scenario: D1 - Price is respecting down trend line, hidden bearish divergence formed. If we didn't get a valid breakout of this downtrend line, we may expect the price to reach the...
D1- After double wave down, price is moving inside a pattern. We have got two false breaks and bullish divergence. H4 - We may expect double wave to form with price reaching the bottom of the pattern and then we may expect a bullish reversal. H1 - We may expect triple cycle down, which will also form a double cycle on the H4 chart. We have a perfect magnet zone...
H4 - Price broke the uptrend line. We have bearish divergence with false breaks. Price has also formed a double wave up and the price is currently moving lower breaking the most recent uptrend line. We can start looking for sells.
D1- Price moving inside a range. H4 - Double wave down and price broke out of the downtrend line. We may now expect this bullish momentum to continue further. H1 - Bearish divergence has formed. So we may expect a correction to happen now. Once this correction completes itself we can look for buys.
D1 - Price bounced from top of the range, bearish convergence created. H4 - Triple cycle down followed by false break with divergence. If we get a double wave up to the 112.30 – 112.80 zone we can start looking for sells. Alternatively on the H1 chart if we get a triple wave up followed by double wave down, we can look for buys with the breakout of the most...
D1 - Price bounced from the top of the range. H4 - We have a downtrend line. If we get two waves up with bearish divergence then we can go short with the breakout of the most recent trend line. We also have hidden bearish divergence. If the price breaks above the H4 downtrend line then this setup is invalidated.
W1 - Hidden bullish divergence. D1 - Double wave down with bullish divergence. Trend line broken. H1 - Triple cycle up. double wave down. There are two magnet zones. We may now expect the second leg of the double wave to reach the magnet zone and then we can go long with the breakout of the trend line.
D1 - We expect double wave down to the 61.8 fibo. We have bullish divergence so once the price reaches 61.8, we may expect a reversal to the top. H4 - Price moving inside range. Scenario 1 - We can look for sells once we get false break of daily uptrend line after reaching the 61.8. Scenario 2 - Break above the top of the range and then after correction, we can...
W1 - Bouncing from the W1 range. H4 - Special cycle created. Expecting corrections that can provide us with the buy opportunities. The correction could be double wave down or bottom of the range around 0.68-0.6830 zone.
D1 - Triple cycle down, now we may expect double wave up to the critical zone. H4 - We can expect big double waves up. H1 - Triple cycle up now we may expect double wave down and then we can go long with the breakout of the most recent trend line.
H4 - We got double wave down after bullish convergence. We can go long with the breakout of the most recent trend line. Conservative Approach: Wait for the most recent high to be broken creating potential bullish convergence and then go long after correction. Alternative Scenario: D1 -Potential double wave forming. Uptrend line coincides with 61.8 Fibo of the...
D1 - Bullish special cycle completed * Double Wave correction completed. * Breakout of the double wave down happened. H4 - We have bullish convergence. Correction is happening now and then we may expect a continuation up.
W1 - Weekly range was respected and as long as last high is holding, we are after sells. H4 - Short term bearish cycle coming near its end now. Wait for double wave up to form, breakout of most recent trend line and go for short.
D1 - Price broke out at the bottom of the daily range. We can look for sells, if this breakout doesn't turn into a false break. H4 - Price has created lower lows. H1 - Bearish divergence has formed wait for a double wave correction and once the break out of the most recent trend line happens, look for sells.
D1 - As long as last swing low is holding, I am still after buys in this pair. Technically we can expect at least the last swing high to be reached as bullish divergence has formed already and the pair is making the move up. H4 - Price is creating a Convergence Principle with The false break of 1.3608 (blue line), was followed by higher highs (green line)....