Hello there everyone, Taking the fundemantal weakness of USD and upcoming election Euro has a good chance to continue its uptrend. The question is where to enter. Well as you cansee from the chart there are 2 divergences formed (hidden one is not yet been confirmed) and the price is still not quite fit for Buyers but it could be triggered any moment and best...
Hi there everyone, From the chart you can see a divergence formed on a key level marked with orange line. And red line is the trend lines that is likely to work. I believe the move to up will be limited so I dont want to risk it but surely it will have a pull back towards the place marked with arrow. Happy trading..
Hi everyone, As you can see from the chart the price tested S&D zones few times yet it is still weak interest from buyers. I have spoted 2 divergences which may lead to a short term selling before buyers feel more comfortable to continue pushing the uptrend. I am not saying it will ever reach the same zone before going down for a down move so stay alerted for a...
Hi there everyone, Although it is top of a decending channel and a nice divergence has formed. It still havent broken any level and make it a tradable pair for myself. But if It brakes the channel it is like to give a good long trade setup or breaks below the rectangle is also have a good set up. Given the tested zones I am more biased with a short position but...
Hi there everyone, There is a nice divergence formed and I am expecting a pull back and retest the given levels. If the price doesnt pull back we are not entering to this trade.
Hi guys, As you can see there are again 2 divergences spoted on EURJPY pair. Although the hidden divergence didn't quite worked out with the bearish divergence comes right after that indicating that the bulls weakining and may resume the its current downtrend. Additionally it was rejected from the fresh S&D zone. I am expecting a pull back towards the next zone...
There is a clear bearish trend. In addition to that there is 2 divergence spoted. Blue one is Hidden Bearish Divergence on a downtrend and Red one is bearish divergence on a short uptrend. These are few factors that the trend is highly likely to continue.
It is a clean clear structure. The price level is good to enter. I am expecting EURUSD will eventually see 1.11xx spots. Happy and profitable trading.