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Falsebreak

Ripple XRPUSD Short Term Buy IdeaD1 - Price reached the critical zone. H4 - False break with bullish divergence. As long as the critical zone holds we may look for possible buys with bullish evidences. H1 - If you want to be more conservative then wait for the price to move higher and break above the last high on the H1 chart, you may then start looking for buys with more bullish evidences. Alternative Scenario - On the H4 chart wait for the price to move lower further towards the low shown in the chart, then once the price moves higher and breaks above the newly formed high you may then start looking for buys with more bullish evidences. Invalidation: If the price moves lower and breaks below the critical zone then this buy idea will be invalidated.
BITFINEX:XRPUSDShort
by VladimirRibakov
1
USDCAD Sell IdeaW1 - Price is still in the zone of a triple cycle ending up with resistance, we have a possible double top. We may now look for a correction in the form of two waves or a range. As long as the last top holds, we may look for a retrace to happen towards the 50% retrace zone. D1 - Second false break with divergence. Band to band movement. H4 - Triple cycle, the price broke below the trend line and then it started to create lower lows. Currently we have Bollinger band duplication area. By ideal we should see the price cleaning the area shown in the chart, We may then look for corrections and possible sells with more bearish evidences. if we get a straight leg going through all the fibo retrace levels then it is a warning sign, so pay attention to this. H1 - Price reached a critical zone, bullish divergence. We may now look for correction to happen in the form of double wave or range. The bottom line here is, we may now look for retraces and sells with bearish evidences.
Short
by VladimirRibakov
2
EURJPY Sell IdeaH4 - We have a critical zone that has formed based on the top of the channel and a strong resistance zone. We may now expect one more push higher from the current zone towards this critical zone. We may then start looking for sells with bearish evidences. We already have two false breaks with bearish divergence so alternatively if the price moves lower from the current zone and breaks below the low shown in the screenshot, we may then start looking for sells with more bearish evidences.
Short
by VladimirRibakov