AUDUSD: bearish fakey w.o pinbar + false break at resistant.Willing to hear your opinion on this!
Target and Stoploss on chart.
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.
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.
EURUSD Buy IdeaD1 - False break with bullish divergence
H4 - Bullish convergence.
H1 - Currently it looks like a pullback is happening, we may now look for evidences of bullish pressure in order to join the bulls.
BTCUSD - broken resistance act as support!!??BTCUSD we have a breakout above resistance if we get pullbacks this resistance can act as support. If we see a quick return back below the resistance, we’d likely be looking for a false break setup.
ITA40 - back below resistance!!??Bears can look for possible shorting opportunities on weak pullbacks on lower timeframes.
New record high coming? Notice the DAX's chart
During the last two months, not only that it has recovered the majority of its losses, but its price also climbed back up above a weekly trend line.
Basically, this is a potential false break (monthly)
If this trend line will now HOLD as support again... there's a chance that we will see new record highs for the DAX before the end of 2019
What do you think?
Focus on that trend line
USDSEK - false break? USDSEK (4 hour) we have a false break with bearish divergence , if we get weak pullbacks I expect more downside.
EURJPY Sell IdeaH4 - As long as 125.70 holds (false breaks are acceptable) we can be looking for sell setups. The hidden divergence started turning into continuing divergence – bottom line is, there is bearish pressure. Testing the 125.40 level would be ideal.
H1 - We can see bearish divergence already forming and the price is inside the resistance zone.
CADCHF Sell IdeaD1 - Double wave up, price reached 61.8 fibo zone and is moving lower.
We also got false break of downtrend line.
H4 - Bearish convergence, we may now look for pullbacks and sells with more bearish evidences.
Invalidation: If the price moves higher and break above the last high (marked in yellow line) with momentum then this sell setup will be invalidated.
SWING SHORT on UK OILWe just saw the false breakout of $71 price level. Now we're drawing right shoulder and there is a huge chance to see the big short movement here. Good risk/reward ratio.
1) Clear false break of the price level
2)Global trend: SHORT
3)H&S pattern
4)FIBO 61.8 from previous monthly downside movent
5) Price reached all the fibo goals from the local uptrend
6)Good risk/reward ratio. Good area for placing SL
Profits to everybody! Enjoy!
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.
THIS IS A FALSE BREAK DOWN !!!XRPBTC has never been so oversold ! This is a false break down !
I bet XRP will snap back with vengeance and eventually take the lead in the cryptocurrency market !
I could be wrong but this may be the moment to catch some falling knives !!
BCDUSD Volume Analysis Prediction 03/20/2019Main balance range: 0.8471-0.9725
Mini balance range: 0.8471-0.8750
Priority H1: bull
Level H1 for change the priority from bull to bear: 0.8050
If this level will be break down BCD will fall to 0.7065
Enter points:
1. 0.8750-0.8800 area after true bull breakout mini balance
2. 0.8050-0.8248 after false breakdown
Targets:
1. 0.9120
2. 0.9720
3. 1.2220
Stop loss: less than 1-2% of the balance
Warning signal for U.S stocks? Pay close attention to XLF today (FOMC) - Although it is currently testing support there's an option for a false break signal here.
If XLF won't close in green today after Powell's message, this can be a trigger for another short term wave (and potentially even a strong one) in U.S stock markets.
AUDUSD Buy IdeaH4 - False break with bullish divergence followed by higher highs, thus forming a bullish convergence. We also have bearish hidden divergence.
H1 - Price reached the critical zone, bearish divergence.
We may now look for pullbacks and then possible buys with bullish evidences.
Invalidation – This buy setup is valid until the low shown in the H4 chart (marked in pink line) holds.
USDJPY Sell IdeaH4 - Price broke below the uptrend line, false break with bearish divergence.
If the price moves lower and breaks below the level at 110.50, we may then start looking for sells with more bearish evidences.
GOLD for sellIn a daily chart gold has made a false break so it Will continue heading down possibly breaking the trend and falling more
RSI shows divergence
Weekly False Break - Head & Shoulders in focusLast week AUDJPY spiked 600 pips (low volume - holidays market)
The Bears tried to trigger a weekly H&S pattern by closing below the neckline - They failed.
It looks like we can see a short term pullback in AUDJPY... but pay close attention to that weekly H&S pattern as the year progresses.
Happy 2019!
USDJPY Buy IdeaD1 - Price is currently moving higher from the bottom of the channel.
H4 - Two false breaks, bullish divergence and higher highs.
We may now look for pullbacks to happen towards the critical zone.
Once the pullback completes itself, we may then start looking for buys with more bullish evidences.
