The price is forming a double bottom pattern. After breaking through the daily trendline and then completing a series of corrective movements, long positions may be opened after the price climbes over the last high as shown in the picture with a potential profit target situated around 1.18124
The price is near the bottom of the triange and forms a regular bullish divergence. A closer look at the stochastic indicator shows us that a possible correction is imbound. If the price falls under the resistance area, short positions may be opened after the price does a corrective movement and then falls under the last low. We are taking in consideration 2...
The price just broke through the descending trendline on the daily timeframe but is currently situated in a very strong resistance area. A closer look on the Stochastic indicator in the D1 & H4 shows us that a correction is inbound. In this case, short positions may be opened after the price climbs higher, forming a regular sell divergence on H4 and then falls...
AUDUSD has finally reached the daily descending trendline and formed a normal bearish divergence on the H4 timeframe. If the price bounces from the trendline and falls under the last low on H4, a short position may be opened in an aggresive manner or, if your trading style is on the conservative side, a short position may be opened after the prices finishes a...
On EUR/NZD the price broke the descending trendline and bounced back from the support line of the triangle. We will be looking for buy transactions after the price retraces back in the 50-61.8 Fibonacci Retracement area and forms a hidden bullish divergence
Buy after trendline rejection if MACD histogram forms bullish divergence.
The price rejected from the neckline. Sell positions may be opened after the price falls under the last low, breaking the ascending trendline.
Sell after correction if hidden divergence is formed on the MACD histogram.
We are looking for buy transactions after the price finishes a corrective movement and bounces from the 50-61.8 Fibonacci retracement area while forming a hidden bullish divergence.