USDJPY: false break on resistance daily time-frameThere were upper rejections on USDJPY daily time-frame and false break on last Friday's candle. It might be going down for Monday-Tuesday.
Falsebreak
AUDUSD Buy IdeaD1 cycle completed, expecting a correction towards 0.78 zone. If we get a false break around this level along with divergence that would be a great sign for a bullish reversal.
Note - if we get second false break at the bottom we have all the reasons to expect a potential range afterwards ( 0.78 - 0.81 zone).
We have a magnet zone created by two cycles. We can expect the price to bounce anywhere inside the daily 38.8% zone.
We will be looking for divergence to complete itself and false break to form. Suitable strategies here will be the Forex Libra Code, sRs, Triple B and Scorpio Code.
UK 100 Sell IdeaD1 - Price broke at the bottom of the range.
H4 - Double wave correction happening. Price is inside the 38 – 50 zone, also we have bearish divergence happening at the moment.
H1 - False break and bearish divergence. Price respected both the magnet zones.
Once the price breaks the most recent trend line, we can look for sells.
EURCHF Sell IdeaD1 - Bearish divergence and a potential false break if we get a close below 1.1540.
H4 - We have bearish divergence on H4 chart as well and we may go short with the breakout of the trend Line.
Conservative approach - You can either use the double trend line principle for entries or wait for a breakout below 1.1430 first of all and then rallies to short.
If you are trading, using one of my strategies, simply wait for a valid sell signal.
As long as the top holds and we have gotten out confirmations for bearish reversal, we can look for sells towards 1.12.
CHFJPY - looking to sellthe top of the channelThe reason i look to sell is becuase CHFJPY in price action resistance zone and fibs resistance.
The best setup will be after a false break as you can see on the chart.
Best of luck :-)
USOIL - looking to buy after more Price actionAfter a rapid move down Oil stalled on support area.
I'll be waiting for more Price action to come , will wait for a reverasl pattern / some accumulation and false break of a low before buying.
Best of luck :-)
EURNZD - waiting to buy on supportWaiting for the right shoulder to be created.
If pattern will look like it fail ( false of the low and back above support zone ) then i'll look to buy.
Everything is on the chart...
Best of luck :-)
Looking to sell Gold ( XAUUSD )XAUUSD is in uptrend and upper channel line is holding for now.
If price will break it i'll look to sell the retest as described on the chart ( as default right shoulder will be created ).
support and resistance are marked on chart - please note the most important confulence with fib.
Also, this chart can help the traders who think gold will continue its uptrend or those who think it will crash.
Best of luck :-)
EURGBP possible buyPrice inside strong buy zone - looking to buy after reversal pattern.
Might get a nice pivot long here if trend will continue to the upside
EURUSD - 40 pips short from resistancesupport and resistance levels works like a charm.
wait for price rise to resistance , wait for reversal pattern and take 40 pips short .
Then look for big long at support zone and bottom of the channel .
Best of luck :-)
GOLD - plan short the false break and buy bottomWaiting gold make another high and back to channel to short it as a false break .
Everything describe on the chart.
Best of luck :-)
BTC - plan to short and long the bottom of channelBTCUSD main trend is up.
Sell the false break down to the channel and then buy for the long term.
Besst of luck :-)
Sell AUDCHF false breakLooks like price failed to rise above channel to a new territoy , so at the moment i sell the top of the channel
If price rise again and break channel then look for long on support .
Best of luck :-)
CADJPY Sell IdeaD1 - We are after sells as long as there is no invalidation for this bearish plan, which will be the break above last high.
H4 - There are multiple false breaks and correction is happening now.
We saw a false break of the up trend line also and price got back inside the wedge. A breakout will follow from this zone and if it goes in our direction we will be there to trade it.
In summary – here is what we are looking for: breakout, correction and we can look for sells.
looking to buy EURAUDMain trend is up and bearish h&s pattern formed, but If we stick with the trend we should expect higher prices to the upper channel.
Therfore i will wait price to reach the support zone and buy there after a clear reversal pattern will be formed.
If that what will happen it will tell me that h&s pattern is going to fail and price will shoot up.
Best of luck :-)
looking to buy CADJPYWill try to long on the break or another reversal pattern till next resistance.
Best of luck :-)
AUDUSD sell in resistance areaThe plan is to sell this pair inside the resistance area after a false break.
Then hold the position untill support area and buy there for the longer term.
Best of luck:-)
Looking to buy GBPJPY dipAlthough GJ is in downtrend we are in a major support area.
At the moment i'll wait to buy a dip as describe on the chart.
First target will be the upper channel and second target will be 142 area .
If price will go the 142 area it should be easy trailing position there.
The best scenario for me is entering using 1H time frame with clear reversal pattern.
Best of luck :-)
Looking to short USDJPYWaiting to short this pair at the next resistance area - marked on the chart.
Best of luck :-)
Hopefully a SELL setup on NZDUSDAs you can see in the chart :
The best scenario for me is waiting the currency will fail to move higher and that is when i look for short .
Best of luck :-)
looking to buy usdjpybig bullish bar react on support.
So i will look to enter a position with low risk and high reward , then sell at the next resistance area
Best of luck :-)
