DLavrov

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The local downtrend line does not allow the price to move upside. It is a barrier for the buyers, and the price action in this zone is very important. If the price bounces, it will be possible to see a downside movement to 196.50USD and 190.00USD support. The reversal signals from this zone will be good for buying with stops below 190.00USD and the local swing...

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Trading must be simple! It can be simple for everyone if you know when to buy and when to sell. But how to know it? It is obvious that the best sell trades should be at the top as well as the best buy trades should be at the bottom. In other words, when the market is overbought, it is the right time to search for sell opportunities. When the market is oversold,...

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Let's look at the whole picture using the weekly chart. The price could not break the main downtrend line. We can say that we got a false breakout as the price moved back below the downtrend line. At the same time, we can say that the market is bullish, in spite of lower swing highs and lows. The price is above SMA50, which is above SMA100, and all together,...

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Look at this wonderful daily chart. The market formed a triangle pattern and it gives us plenty of different trade opportunities. For example, if the price bounces from the bottom line of the triangle, which acts as a support, it will be possible to buy using reversal signals from the hourly and lower timeframes. If the price breaks the support, it will be...

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The price dropped below SMA200. It gave us a bearish signal and a possible selling opportunity. The local swing low and a breakout below it can be used for opening short trades. Stop orders must be placed above the local swing high and SMA200. Profit targets should be placed at round numbers and 1.94000 support. MACD lines and DMI support the further downside...

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The price reached the daily uptrend line. If we look at the 4H chart, we will see the price reversal. The market is going to move upside with the main target at 10 000USD. RSI confirmed the price reversal as well as MACD histogram. It gives us a possible buy signal with stop orders below the local swing low and the main profit target at the resistance zone. The...

DLavrov Updated 

The price has been moving in the borders of a horizontal price channel. You can see possible buy and sell signals, which the market gave us. I draw your attention to how RSI supported reversals at the oversold and overbought zones. The price is moving upside. It is not far from the upper border of the price channel. We can expect a reversal or a breakout from...

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The same market conditions and pattern as it is in EURUSD. The price is moving in the borders of a horizontal price channel. It means that we can use the rules of trading for such type of markets. We trade reversals from the borders or wait for breakouts and catch momentum. We can sell from the resistance with stop orders above the local swing high. It will be...

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The price reached a resistance zone at 0.90000 level. We have a bearish divergence, which is a trend reversal signal. If the price breaks the local uptrend line, it will be a possible sell signal with stop orders above the local swing high and profit targets at 0.88550 and SMAs. The breakout above the resistance will be a bullish signal. But I don't think that...

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The market gave us a clear sell signal. The price bounced from 17.50 resistance. RSI confirmed the price reversal. MACD is supporting a downside movement. Also, we have a bearish divergence, which gives us a trend reversal signal. The daily timeframe looks bearish as well. RSI is in the overbought zone. There is a reversal candlestick pattern at the upper...

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Sometimes, in order to understand what to do, we don't need indicators or many lines and levels. Look at the weekly chart of EOS, please. What can you see? The price range between the ATH and the support zone between 1.50USD and 0.50USD. Where it the price? It is not far from the bottom. The price bounced from it, and we got a buying opportunity. The price can...

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Let's talk about Bitcoin, which is trying to increase the value, but this attempt does not look like a successful one. The price could stay above the broken downtrend line, which was also supported by SMA100 in the 4H timeframe. It was good, and the buyers got the basis for a new upside movement. They could push the price to 10 000USD, and we got a reversal. It...

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The market gives us a trend reversal signal based on a bearish divergence not far from 1.08520 resistance zone. What does it mean? It means that we have a possible selling opportunity. RSI confirms the price reversal. MACD is going to support a downside movement. It is possible to search for sell signals from the resistance using the daily and hourly timeframes....

DLavrov Updated 

f you like Forex trading only, I advise you to add this market in your watchlist. The price bounced from 0.91000 resistance zone. RSI confirmed the price reversal. MACD supports a downside movement. DMI does not tell us that the buyers are strong, and they can push the price upside. The price diverged with RSI, and it gives us a trend reversal signal. If we get...

DLavrov Updated 

The price bounced from 70.00 resistance. RSI is bearish as well as MACD. It looks like the market is going to start a new downside movement with the starting point at the resistance. If the price breaks the local uptrend line, it will be a sell signal. Search for the exact entry and exit points using the daily and hourly charts. P.S. as I don't use like-bots...

DLavrov Updated 

The prices reached SMA200 in the daily timeframe. If we look at the 4H chart, we will see a possible reversal from the support zone at 1.7000 level. RSI gives a bullish signal from the oversold zone. MACD histogram supports a possible upside movement. The market gives us a buying opportunity. It is possible to think about opening long positions based on the...

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The price broke the weekly downtrend line in the daily chart. It could give us a trend reversal signal one more time. In order to say that the market is going to move upward, we have to get the close of the weekly candle also above this trend line. Without it, we will be able to get another false breakout. If we look at the daily chart, we can see that for the...

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The price did not move downside to SMA100, and instead of it, we got a consolidation in the borders of a small triangle. Some of you can call this pattern as a pennant, and you will have the right for this. The price consolidates before a new move. The direction of the further market movement will depend on the direction of a breakout. If the price breaks the...