D1 -Triple bearish cycle has provided a great buy opportunity. Price is sitting on a very strong weekly support. Divergence is already there as well. We can look for buys, as long as the last swing low holds. H4 - Breakout of trendline happened already, before I start looking for buys. I would like to see a break above 44.20.
D1 - We have bearish divergence followed by bearish convergence, a classical setup. Currently pair is under bullish pressure from the bullish divergence and we should see a correction up. H4 - Bears are under a lot of pressure put by bullish divergence. We can start looking for buys once we see a break above 1.54. In this scenario, suitable strategies would be...
D1 - Massive bearish pressure on this pair all over . H4 - i'm looking for shorts only, Price is currently trading inside a triangle of some sort. There are two possible scenarios here. Scenario 1 - Move up, false break and then continuation down. Scenario 2 - Move down without a false break.
D1 - We have a good up trend line and is already very close to it. We can look for buys as long as 1214 zone holds. H4 - Triple cycle would end at 1220 zone which is also a magnet zone and a very strong supportive area of the D1 swing low. 1234 is the Fibonacci expansion 61.8% along with the daily trend line. Price already bounced from it, providing a good...
in this pair my long term view is still bearish. W1 - Suggests down moves. However we are still moving inside a channel and price just bounced from it. We can see it back on top, until 1.3550 level is holding we will be looking for sells. H4 - Bearish trendline slightly higher. We may expect the price to find strong resistance around 1.34 level. Price is...
My Long term view on this cable is buy. We are currently in a good place to look for buys. Bullish Scenario: Triple Cycle with Bullish divergence formed followed by False break. Until the last low holds we can expect the price to move up as the break below 1.2630 level was powerfully rejected. Bearish Scenario: I will be keeping an eye on the Daily...
For a few weeks now we have been following this pair. Price is near the top of the weekly range. H4 - Based on the analysis above we can look for sell opportunities as we can see that there was an initial move down followed by a correction.
D1 - Price is at the 100% Fibonacci expansion zone. Bearish momentum slowing down and bullish divergence started forming. Also band to band move and half more. H4 - Bullish divergence forming and it is a great zone to start looking for buys. Whereas if the price will complete a potential triple cycle by going lower, the next levels to follow will be 1.5120.
On a longer term my view towards this pair is bullish. A pull back can be expected at the place where the price is currently. H4 - We had a bullish cycle (green arrows) As long as the last high holds we can try to short. We will reanalyze the situation, if the price breaks the last high. We will be looking for two waves down (red arrows) that ends with...
H4 - Breakout of downtrend line happened. Price moved higher after breakout. We can look for buys as long as the last low holds. Suggested strategies for this trading opportunity : sRs Trend Rider 2.0 and Forex Triple B 2.0
We have been following this pair for intraday buy opportunity. On the D! chart we have bullish divergence. We also have divergence on H4 chart which also confirms the divergence on D!. On the H1 chart we have a breakout of the range creating higher highs. There is an ideal chance for a long trade as a correction is happening at the moment. Protection should...
Update for the Sell Idea that we are following from last week. On the H4 chart we will have a second false break if the current candle closes 0.7067. A break below the most recent trendline and the most recent low is what I am looking for on the H1 chart. Look for a small correction after the breakout and then enter to increase the risk reward ratio. Final...
D1 - Price is moving inside the range. We can go short as long as last high (83.60) holds. Sell will trigger once a breakout below last low (82.57) happens. Protection above 83.00. . Invalidation - if price breaks above last high around 83.00 before we get triggered this setup will be invalidated and we will look for another opportunity to join.
H4 - Price is moving inside a range. Currently the price is at the bottom of this range and we can look for buys as long as the range holds. Two possible ways to enter this trade: Conservative (H1) - Enter after breakout of the trendline. Aggressive (H1)- Enter once a bullish candle pattern forms after the divergence completes itself, which will also complete...
H4 - Price is moving inside a range. Currently the price is at the bottom of this range and we can look for buys as long as the range holds. Two possible ways to enter this trade: Conservative (H1) - Enter after breakout of the trendline. Aggressive (H1)- Enter once a bullish candle pattern forms after the divergence completes itself, which will also complete...
H1 - Price broke the trendline. Go short after a small correction towards 1.12 zone. Two options for the stop loss: Aggressive Stop Loss – Above 1.1235 Conservative Stop Loss – Above 1.1290 Based on your preferred stop loss the first target should be 1:2 Risk:Reward ratio. Next levels that you can use as targets – 1.10, 1.0850, 1.0720 (gap zone).
D1 - Shows divergence and we are reaching important resistance level. Entry - On H4 alternative trendline false break to happen with the divergence that is being formed. SL above last high to be created Target - 1;2 R:R Target 2 - 0.7880 Note - Move SL to BE once RR is 1:1
On the W! chart, duplication of first bearish leg is expected. Price moving lower now after respecting the weekly channel.. On the D1 chart, price broke the uptrend line and duplication of first leg is expected. On the H4 chart, we will be looking for the broken trend line to be retested and corrections towards the zone 1.3390 – 1.3440 which will provide us...