D1 -Bullish cycle was completed and we are now looking for corrections towards the highlighted zones on the chart. As long as D1 top is holding we are after sells. H1 - Price trading close to the top of the range and also inside a magnet zone. We have double double on the last move up and TL that we are following. We can start looking for sells once we see...
H4 - Price is near the top of the range. If we get one more push up to the top of the range, we can start looking for sells from there. Conservative Approach: Wait for the price to reach the top of the range and the. Once we get a bearish reversal from the top. Look for a break below the most recent trend line and low. Then wait for a correction to happen in...
D1 - Price coming near the top of the D1 range. H4 - Looking for one more push to the upside, above 114.00. If we get that push up, we can then start looking for sell opportunities.
H4 - Triple cycle with double waves inside. We also have bullish divergence. D1- Price has reached the magnet zone. H1- We have a false break if we get a breakout above the last high, look for correction and once the correction completes itself, we can start looking for buys. The breakout of the last high will also create higher highs for us.
D1 - Price moving inside a range currently at the bottom of the range. H1 - If we see a valid breakout at the bottom of the range, we can look for sells. If the bottom of the range holds and the price moves higher and breaks the last high then we can start looking for buys. In either cases the other scenario will become invalid.
D1 - Price moving inside a channel and currently at the bottom of this channel. We have double wave inside the cycle which has now reached the bottom of the channel. Now we want to look for confirmations of bullish reversal. H4 - Price bounced from the magnet zone and also we have bullish divergence. H1 - We have two waves down, we can go long with the...
D1 - Special Cycle completed, we have double waves down and price reached an extreme zone. We can look for buys with the breakout of the most recent trend line. H4 - We have multiple cycles, all cycles are reaching towards the same magnet zone. Now we need to look for confirmations of bullish reversal in the form of false breaks, breaks above highs, trend line...
D1 cycle completed, expecting a correction towards 0.78 zone. If we get a false break around this level along with divergence that would be a great sign for a bullish reversal. Note - if we get second false break at the bottom we have all the reasons to expect a potential range afterwards ( 0.78 - 0.81 zone). We have a magnet zone created by two cycles. We can...
D1 - Price broke at the bottom of the range. H4 - Double wave correction happening. Price is inside the 38 – 50 zone, also we have bearish divergence happening at the moment. H1 - False break and bearish divergence. Price respected both the magnet zones. Once the price breaks the most recent trend line, we can look for sells.
W1 - Potential up move possible based on the two cycles (Big and short term one). Breakout of the range after the first leg with momentum. D1 - Double wave correction to the breakout line. H4 - Price broke above the channel and bounced. Now trading inside a channel. Currently near the bottom of this channel 61% fibo. H1 - We have bullish divergence.
W1 - Long term we are bullish because of the previous bearish cycle. We are also bullish based on the more recent range. Where we expect the price to reach the top. D1 - Hidden Divergence formed. H4 - Confirmation of Hidden on H4. Most recent trend line broken up. We want to see a break above 1.0985 to confirm our bullish view. To be even more conservative...
W 1 - Price broke below 61.8% and it is now re-testing this level. We are after sells in the longer term. D1 - Trend line, Fibonacci Retracement 23.6% and 61.8% Fibo Expansion, they all come to the same zone. Will that be enough to stop this rally? Let's wait and see. What we know for sure is that we want to pay attention to this level. H4 - Divergence already...
D1- Price breaking above the last high H4 - Bearish reversal confirmation didn't happen. We will now be following the next strong zone which is around 1.17. Ideally we will see the price reaching it before any serious moves down. Can we look for intraday and short term buys? Yes absolutely, as long as there is no breakout below the most recent and valid low on...
W1 - Price moving inside a channel. D1 - Triple cycle completed and we may expect the price to reach 50 Fibo retracement and a reversal to happen from there. H4 Scenario 1 - We may expect a small correction and after that the price to reach the magnet zone and a reversal to happen from there. H4 Scenario 2 - We may expect a reversal to happen from the zone...
D1 - Bearish divergence and a potential false break if we get a close below 1.1540. H4 - We have bearish divergence on H4 chart as well and we may go short with the breakout of the trend Line. Conservative approach - You can either use the double trend line principle for entries or wait for a breakout below 1.1430 first of all and then rallies to short. If...
H4 - We have a classical scenario divergence followed by convergence. We saw two waves up already. Breakout of the range that formed after the first bullish leg. Price is now consolidating and divergence has started forming. H1 - There is a down trend line to follow There is already continuing divergence forming. I expect the price to find a bottom around 108.85...
H4 - Bearish divergence followed by bearish convergence. H1 - Potential hidden divergence forming already. Trend line to meet the price a bit higher. 38.2% fibo retracement coincides with the trend line from the highs. A perfect and ideal scenario here would be to get another push higher towards the trend line. Price to create a divergence on the M15 chart...
W1 - Previous W1 spike reached and continuous divergence forming. D1 - Special cycle completing itself. We have confirmations of reversal in the form of two false breaks and divergence. H4 Sell option 1 - Break below the current H4 range and sell after that. H1 Sell Option 2 (aggressive - intraday) - Sell the breakout of the trend line on the H1 chart H4 Sell...