Pair is expected to move inside the H4/D1 range. Until the last high holds, we can looks for sells towards the bottom of the range. The uptrend line on H1 chart can be used as our trigger. Protection should be placed above 0.7050. Target 1 – 0.6890 Target 2 – 0.6770 Invalidation – If price breaks above 0.7050 before we get triggered.
There is a H4 chart bullish cycle ending. We are looking for sells. H1 chart lower lows created already. We want to go short with the breakout of the most recent m15 up trend line. Protection above 0.7220 Target 1 - Risk - Reward ratio of 1:2 Target 2 - 0.7070. Target 3 - 0.7020.
D1 cycles seems to be completing itself. On the H4 chart we saw divergence followed by convergence. Now final phase is to wait for a correction. Ideally this correction will come in the form of double wave up. Then with the break of the of the most recent up trend line we can short. Target 1 – 1:2 Risk:reward ratio Target 2 – 1.4620 Stop loss – above the last...
Look for a breakout below 1.1234, then wait for a small pullback towards 1.1245-1.1260 zone and sell. Invalidation of the trade - if price breaks above the last high, before the trigger, remove this idea. Target 1 - 1:2 risk:reward ratio. Target 2 - 1.1111. Target 3 - 1.1000. Target 4 (optional) - 1.0730 (gap zone).
Looking for a double wave correction on the M15 chart followed by divergence and breakout. To be more conservative let the price break above most recent high along with the trend line, and then go for a buy. Target 1 - 144.00 Target 2 - 145.50 Target 3 -147.80 Protection below last low. If last low is broken before we get triggered, this setup will be invalidated.
Pair is trading near the top of a bullish cycle. We are looking to short here. Technically we have gotten H1 convergence already and price is now correcting itself. As long as the last high is holding, we can look to sell the breakout of the most recent low and the trend line. Once the price reaches 0.7000 move the stop loss to break even. Final Target – 0.6960
we want to see a breakout above 0.7310 or so as step one. Then a small correction and we can go long. If you want to be more conservative, wait for double waves down, and trade the trend line breakout. NOTE – Pay attention to the MACD histogram. Once the breakout happens, ideally we want to see higher highs on the histogram as well. If we get lower highs, it is a...
D1 has created bearish convergence followed by hidden bearish divergence now. On the H4 chart we have a strong magnet zone and regular divergence. We are looking for lower lows to short the commodity. Look for a breakout below 17.28 and go short. Target 1 – 17.00 Target 2 – 16.70 Target 3 – 16.00
I expect another push up at least until bearish divergence forms against. The entry idea is on the M15 chart where we are seeing a flat correction. Any visit of the lower bands of this patterns, preferably with bullish divergence to form is an opportunity to buy. If we see a breakout above the most recent high and the up trend line, we can also go for...
Wait for a small correction towards 38.2% down to 50% fibonacci retracement and go long. Move the stop loss to break even once you have reached risk:reward ratio of 1:1. Target 1 – 0.7350. Target 2 – 0.7430. Target 3 – 0.7520. Protection below 0.7240.
Sell rallies, preferably with trend line breakout and bearish divergence to form on the H1 chart, as long as the top of the range is holding and the bottom of the range was not reached. Protection above the top of the range. Target 1 – bottom of the range. Target 2 – 81.50. Target 3 – 80.50.
Longer term trend is still bullish. I'm looking for a breakout above the most recent high, followed by double wave correction and then I will go long with the trend line breakout. Protection should be placed below last low created. Target 1 – R:R 1:2 target 2 – 1.81
Gold is trading inside an expanding channel on D1 chart and it has currently bounced from the lower boundary of it. I'm looking to buy here, but only after we get a confirmation in the form of breakout above 1236.57, then i want to see correction, ideally in two waves down, and only then go long with the breakout of the trend line to be created between the two...
The pair has completed two bearish cycles and it is now pushing up. We are looking to join the bulls after the bullish convergence taht we saw on the H4 chart. The way to do so is by waiting for a double wave correction on the H1 chart, wait for a breakout of the most recent trend line to form and go long. Protection should go below 0.7150. Target - 0.7375.
Look for a double wave correction on the H1 chart and draw the most recent trend line to form. Once the pair breaks below the trend line go short. Protection should be placed above last swing high. Target 1 – 1.0820 Target 2 – 1.0730 (gap zone)
We are most likely going to see another small push down (potential H1 bullish divergence to form and complete) and then I'm expecting a double wave correction up. Most likely the double waves will form on the H1 chart. Once that happens, we want to see a break below the trend line, connecting the 2 waves. Sell with the breakout. Final target 1.35
I expect to see another leg up, before a correction to the down side. Wait for the price to enter the sell zone as marked on the chart, bearish divergence to form and look for sell opportunities. Target 1 – R:R 1:2 Target 2 – 1.0860 Target 3 – 1.0730 (gap zone) SL - above last high created
Step 1 - wait for a break above 1.2770. Step 2 - wait for double wave down on H1 or M15. The 2 waves must end with bullish divergence. Step 3 - Draw a bearish trend line between the two waves down from step 2 and wait for the breakout. Once it breaks up, go long. Stop loss - below last low created before the breakout. Target 1 - 1.2820 Target 2 - 1.2950 Target 3 - 1.31