D1 - Price is bouncing lower from a psychological level. Multiple false breaks with bearish divergences. Expecting short term bearish moves to happen here. H1 - Bearish trend pattern. Currently it looks like a correction is happening. Bearish hidden divergence followed by bearish regular divergence. Until the two strong resistance zones hold my view remains...
D1 - Price is bouncing higher from the psychological level 1.35. Multiple false breaks with bullish divergence. Expecting short term bullish moves to happen here. H4 - Higher highs. No opposite signs. Until the two strong support zones hold my short term view remains bullish here.
The price is creating a pennant below the daily resistance and the price had a false breakout. On the daily timeframe, the price tested the 0.618 Fibonacci level with a nice candle. As you can see on the left the price created a W pattern and now the price is trying to have a breakout from the neckline. How to approach? The price needs to have a breakout from...
D1 - Price has reached a key support zone. Bullish divergence. H4 - Multiple false breaks Bullish divergence. If the price breaks above the high at 0.61450 we may then consider it as a validation for the bullish view and may expect the price to move higher further.
D1 - Price has reached a key support zone. Potential bullish divergence. H1 - Multiple false breaks with bullish divergence. If we get a valid breakout above the high at 1.60091 we may then consider it as a validation for the bullish view. Alternatively if the price moves lower, breaks and holds below the key support zone then this bullish view will be invalidated.
D1 - Price is bouncing higher from a key support zone formed by the bottom of the daily channel and the 100% Fibonacci expansion level of the first wave. Bullish divergence. H4 - Multiple false breaks and bullish divergences. Bullish convergence. Currently it looks like a pullback is happening. Until the key support zone holds I expect the price to continue...
H4 - Price is bouncing higher from a strong support zone. Multiple false breaks with bullish divergences. Bullish convergence, most recent downtrend line breakout. Until the strong support zone holds my view remains bullish here and I expect the price to continue higher further.
D1 - Price is bouncing higher from a key support zone. Multiple false breaks with bullish divergence. H4 - After the strong bullish move currently it looks like a flat correction is happening. Scenario 1 - More aggressive approach. Looking for bullish setups from the bottom of the consolidation. Scenario 2 - Breakout above the consolidation zone, and only...
D1 - The price which is moving higher has reached a strong resistance zone where we also have the psychological round number 2 coincides. Until this strong resistance zone holds my view remains bearish here. H4 - The price has created two false breaks with bearish convergence. Expecting further continuation lower after pullbacks.
D1 - The price which is moving higher has currently reached a key resistance zone formed by the 100%(18.788) fibonacci expansion level of the first wave and the 61.8%(19.380) fibonacci expansion level of the second wave. Until this key resistance zone holds I expect corrections to happen here. H4 - Price has created two false breaks with bearish divergence. If...
D1 - Price is currently holding in the psychological level 40, potential bearish divergence. H4 - We have two false breaks with bearish divergence. Expecting corrections in the short term.
D1 - Price reached the bottom of the triangle pattern, bullish divergence completed. We may now expect the price to move higher towards the top of this triangle pattern. H4 - Multiple false breaks with bullish divergences. If the price moves higher and breaks above the high shown in the chart (marked in red line), we may then expect pullbacks to happen with...
D1 - Price is moving inside multiple channels. Currently the price is trading in a critical area where two of the channels coincides. H4 - Two false breaks with bearish divergence. Wait for the price to move lower and break below the low shown in the screenshot (marked in green line). We may then look for pullbacks and sells with bearish...
H4 - Double cycle, price is at 61.8 fibo level. Bearish divergence has formed. M30 - Two false breaks. Aggressive Approach - Go ahead and sell now. Conservative Approach - Wait for a small pullback and then sell.
There is a good chance price will visit the Buy Zone and there is a good possibility of correction before that. Bullish pressure on D1 and H4 already. H1 - Two false breaks, trend line breakout and divergence as well. As long as last low is holding this setup is valid. Keep in mind our main direction is down. Which means we are going against the big guys here....