DLavrov

DLavrov Updated 

The market gives us solid bullish signals in the 4H timeframe. The price bounced from 1.94000 support level. RSI and MACD histogram supported the reversals. Also, we have a bullish divergence, which is a trend reversal signal, as well as a double bottom. The market tells us about possible upside movement. It is a new buying opportunity. If the price breaks the...

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The price broke SMA100 and bounced from the local downtrend line. It gave us a bearish signal. The market is going to keep the downside movement to 1.11000 support and SMA200. It is possible to search for selling opportunities using the 4H, 1H, 15m, and 5m timeframes. Stop orders must be placed above the downtrend line and the local swing highs. Profit targets can...

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I wrote about this market in the previous post. The price is going to breaks the support zone, but at the same time, the market will be able to provide us a false breakout. If so, I would like to use it for buying using reversal signals from hourly timeframes. If the market gives us a true breakout, it will be better to wait for a pullback, retest of the broken...

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The price reached the resistance area and bounced from it. We got the 1st selling opportunity based on the reversal signal. RSI and MACD confirm the price reversals as well as a possible downside movement. The trading idea for this market is simple. We have to search for new sell signals starting from 0.88000 levels and below. For this, we can use reversal and...

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Let's look at a possible market movement based on a breakout below the local uptrend line. It gives us a bearish signal. If we talk about the main downtrend in the borders of the descending price channel, the breakout below the uptrend line is the continuation of the main downtrend. For this, the price will have to move below 215USD and form a new swing high lower...

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The market has been moving upside in the borders of a price channel. Now we can see a correction wave in the bullish structure. The price is not far from the support zone, which is formed by 132.00 support and the uptrend line. The price action in this zone will be able to give us trade opportunities for buyers and sellers. If the price bounces from the support...

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The price is forming the Head & Shoulders pattern, which belongs to a reversal group of chart patterns. The market showed a good uptrend. If this pattern is confirmed by a breakout below the key line, it will be a trend reversal signal. The main target for sellers based on the pattern will be at 1.10000 support. If the price bounces from the key level, the...

DLavrov Updated 

The price broke SMA200 and reached 9000USD support level. I'm not sure that this level will be able to stop a downside movement. I think 8500USD looks much more interesting as the solid support. Please, look at the past performance in order to understand better how the price will be able to move in this area. If the price bounces from 8500USD, it will be a...

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The price bounced from 1.14000 resistance zone, and it gave a selling opportunity. If you missed the exact sell signals not far from the resistance, it is not a good idea to open short positions right now. The price has made a good downside movement, and it will be better to wait for a pullback and open short trades as close to the resistance as possible. RSI...

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The price broke the support zone and SMA200. It gives us a bearish signal and a possible reversal from a new resistance. If so, the market will be able to give us new selling opportunities. As for entry points, it is better to use hourly timeframes. Stop orders should be placed above the local swing high and the daily downtrend line. The main profit target can be...

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I wrote about selling opportunities in this market, and it was based on the price reversal from the resistance zone. You can read details in the post from the related ideas. The price reached the profit target at the support, and we got a bullish candle. It tells us about a possible reversal, and as a result, we can try to catch this pullback. If the price stays...

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The market has been moving upside for several months. When the price reversed from 86.50, it became a starting point for a new uptrend. The price reached 255USD as the highest point. Now we have a sideways movement between 227USD and 255USD. What's next? If the buyers want to keep the uptrend, the price has to stay above the main uptrend line and SMA200. Also,...

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I want to add one model describing a possible market movement. It is based on the horizontal price channel with borders between 10 000USD and the support zone formed by 8500USD and 8600USD. If the price drops below the local swing low and the broken downtrend line from higher timeframes, the next important zone will be at 8500USD. You can see how the price acted...

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The buyers could not break 10 000USD. The price bounced from this resistance and moved back to the local uptrend line. Now, we have at least 3 possible variants of how the market will be able to move in the nearest future. If the price bounces from the local uptrend line and breaks 10 000USD, it will be a bullish signal. It will confirm the power of the buyers....

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The price reached the support zone, and we should expect a reversal with a further upside movement. RSI confirms the price reversal. The same goes for MACD histogram. We have a buying opportunity where we can search for exact entry points in the daily and hourly charts. It is possible to follow reversal signals from the support as well as to wait for a breakout...

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This time let's talk about a possible buying opportunity. The price reached the support zone. RSI line confirms the price reversal as well as MACD histogram. MACD lines support a possible upside movement. If the price breaks the main downtrend line, it will be an additional bullish signal. It will be possible to open long positions using reversal and breakout...

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The price reached a resistance zone. It is the right time to search for possible selling opportunities using the daily and hourly charts. RSI confirms the price reversal in the overbought zone. MACD supports the reversal as well and a further downside movement. You can use reversal and breakouts signals in different timeframes. Stop orders must be placed above...

DLavrov

I wrote about selling opportunities in this market. Please, read details and a trading idea from the daily timeframe in the previous post. If we look at the 4H chart, we can see a bearish divergence at the resistance. It is a strong trend reversal signal. If the price can stay below the previous swing high and 0.88000 resistance, it will be a sell signal. Stop...