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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.
Short
by VladimirRibakov
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.
Short
by VladimirRibakov
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.
Short
by VladimirRibakov
Gold Buy Idea Updates and Follow Up We got correction and buy opportunity towards the top, that is exactly what we were looking for. Divergence on H4 and H1 chart. I expect to see a potential divergence that we have at the moment, with another push up reaching the top.We may also see a false break and then a move down. Its time to get ready for sells. If you didn't already collected your profits, prepare to cash out now. Invalidation - if we get a break above (confirmed breakout, not a false break) the top we are following around 1295.40 the sell idea will be invalidated.
TVC:GOLDShort
by VladimirRibakov