DLavrov

DLavrov

The market can be added to a watchlist as it will be able to give buy opportunities during the next week. The price reached the 1st support at 117.00, and we can expect a reversal signal. If the market continues the downward movement, the 2nd support will be at 116.00, where we also will be able to get a reversal signal. Search for exact entry points using the...

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Let's look at the 4H chart in order to understand possible market movements during the next couple of days. The price stays below the resistance zone, which is still essential for the market. The breakout above this zone and SMA200 will confirm a further upward movement at least to 8000.00 level. SMA100 should support the price. If the price breaks SMA100 and...

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It is a very hard period for the oil market. But the price can't fall all the time, and there is a bottom in this market as well. What does it mean for traders? It means that it is the right time to search for the possible reversal from the bottom. It can be short term trading based on an idea to catch a pullback. It can be an attempt to catch a possible...

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The market formed a diamond chart pattern. It shows us how the price is consolidating. The breakout from the pattern will show further market movement. If the price breaks the upper line of the diamond, it will confirm an upward movement with the main goal at 1.60000 resistance level. If the price breaks the bottom line of the pattern, it will confirm a...

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Here is the market review based on the 4H timeframe. The price broke the local uptrend line. It gave us a trend reversal signal. Buyers could not break the resistance zone, and this breakout became a good bearish signal. If the price drops below 6000.00, it will confirm the further downward movement. The main target for sellers should be at 4000.00 support. If we...

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The price could not break the resistance zone in spite of a strong upward movement. If buyers can't move above 7000.00 and stay there for some time, we should be ready to see a reversal from this zone and a further downward movement. The 1st target for sellers will be the previous swing low at 3780.00 level. It is a support level now. The 2nd target for sellers...

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The market gives us a trend reversal signal based on a bullish divergence and the price reversal from 27.00 support. It does not mean that the market will become bullish. We can try to catch a pullback using bullish signals. The market keeps the potential to continue the main downtrend. Entry Price: above 31.15 Stop Level: below 24.50 Profit Level: at...

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Let's talk about Bitcoin using the weekly timeframe. If the daily chart shows that the bullish structure was broken, the weekly chart still can be used as bullish in spite of the falling from 10 000.00 level. Yes, the price broke the local uptrend line and swing low. It gave us a bearish signal, and the market continued the correction movement in the main...

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The market has been falling for six days already. We can try to catch a pullback using 5m, 15m charts. If the price bounces from 1.140000 support, there is room for the upward movement up to 1.20000 resistance. RSI is in the oversold zone, and it tells us that it will be better to search for a buy opportunity. Buy signals can be based on a trend reversal...

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The price is at a strong support zone, which could stop the falling market and pushed it upward in January 2016. How will it be this time? From TA point of view, a reversal signal from the support zone is good for buying. But FA tells us that the oil has the potential to keep falling. It will be possible to see 25.00 and even 20.00 levels. Buying right now is...

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The price moves in borders of a triangle chart pattern. It is not the perfect one, but I think we have the right to draw lines in such way. Also, we have to draw 6000.00 the important resistance level and 3850.00 the important support. The price action at these lines and levels will give us more information about how the market will move further. If the price...

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It's not the right time to trade in the Forex market as there are many unpredictable movements. I tried to find the most interesting setup, and from my point of view, it is EURGBP pair with a possible sell opportunity based on a bearish divergence. The daily chart made a strong upward movement. We should try to catch a pullback. For this, we use the 1H timeframe...

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In spite of strong news against the main markets, I was surprised by such deep falling in BTCUSD market. I wrote about a possible breakout below the lower line of the triangle and a further downward movement, but I did not expect that the falling would be so fast and so deep. It occurred within two days. It is a strong signal that Bitcoin is not a safe haven. It...

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If we look at the weekly chart, we will see a clear picture of possible market movements within several months. The market formed a triangle, and the price moves in borders of this chart pattern. Now, we have to focus on the price action at the lower line of the triangle. If the price bounces from this line, it will be a bullish signal with the target at the...

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The price bounced from 1.38000 resistance. RSI reached the oversold zone, and it will be able to confirm the price reversal. The market looks interesting for selling. We had a solid upward movement from 1.34000, and it can be the right time for a possible pullback. Sell trades should be opened as close to 1.38000 as possible, and for this, we should use sell...

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The market gives us a trend reversal signal based on a bearish divergence. The price is bouncing from 1700.00 resistance zone, and a bearish candle is going to confirm the price reversal. The same goes for RSI and MACD histogram. DMI is bullish and tells us about the trend market conditions. But ADX line is falling, and it is a signal that buyers are not so strong...

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The price bounced from 101.00 support zone. We got a strong bullish candle that can confirm the price reversal. RSI and MACD are also going to confirm the price reversal and a further upward movement. RSI will provide the reversal signal from the oversold zone. The price stays below the lower line of Bollinger Bands indicator. We have signals telling us that the...

DLavrov Updated 

Let's look at the 4H chart as it has valuable information for us. The price broke the local uptrend line. It confirmed the trend reversal if we talk about a local trend. At the same time, we got a bearish signal. Now we have two targets for the downward movement. The 1st is at the previous local market low. It is 8400.00 support. The 2nd target is at 8000.00...