I want to see a double wave down near the buy zone marked in blue (1.22 – 1.2190). There is also an up trend line coming from the last two lows which will act as extra support. Ideally divergence should form near the range and we can go for a buy. Target 1 – 1.2300. Target 2 – 1.3000 (amazing Risk:Reward is offered here). Stop Loss – below last low created.
This setup is based on the D1 and H4 chart cycles. There are two options to join: Option 1: If we get bullish divergence on the H1 chart we can attack and protect last low. Keep in mind this setup would be invalidated if we get a close below the up trend line (yellow dotted). Option 2: Break above the down trend line (aqua/blue color) Stop Loss – below last...
Wait for a breakout below the trend line, then a small retrace and sell. This setup is valid as long as last swing high is holding. Target 1 – 104.40 Target 2 – 103.40 Stop Loss – above last high created.
Wait for a double wave down toward 1.4320 - 1.4290 zone. I want to see bullish divergence forming around this zone which will confirm the end of the correction. We can enter a buy trade with the break of the most recent down trend line.
Pair is currently trading inside a range. I want to see two waves up on the H1 chart completing a small intraday cycle and then sell the breakout of the most recent trend line. Final target - the bottom of the range. Stop Loss - above last high to be created.
D1 bullish cycles has completed and we can now look to short. On the H1 chart we are looking for a double wave up and once completed we can look for shorts. Keep in mind parity level is also close so we can see spikes to it. The 0.9960 zone is a key level resistance which also coincides with the H1 bullish cycles completion. You can attack with divergence –...
The most conservative way to join this pair would be by following the most recent up trend line. Step one is the price to enter the sell zone. Then we want to see a breakout below the trend line. Finally wait for a small pullback and sell. Final Target – 0.9880. Stop Loss – Above last high to be created.
Target 1 – 78.00 – you may adjust the target one depending on your entry level. Always check your risk:reward ratio. Target 2 – 78.70. Stop Loss – below the last low created.
Wait for a double wave correction down to the marked zone. This is where we want to go long and aim as a final target the duplication of the first leg up.
Sell current price protecting the last high. We are aiming the triple cycle completion zone of the weekly chart which can give us an amazing risk:reward ratio here. Final Target - 1.39
I'm looking to short gold inside the Sell zone as marked in the chart. Ideally I want to see divergence forming inside this box and then sell either with a bearish candle upon completion of the divergence or with the break of the most recent up trend line. Stop loss should be placed above last high created. Target 1 – 1271.30 (of course check your risk:reward...
I want to see a break below the last low around 1.0655, then a pullback and sell. Pair reached a strong Daily resistance along with divergence which means we should be looking for sell opportunities only. Stop loss should be placed above last high. Target 1- 1.0585, Target 2 – until opposite divergence occurs or 1.0485.
We are looking for a push down, false break of the trend line and/or supportive zone and then we can expect the Euro to continue higher. Stop loss – below the supportive zone. Target 1 – 1.10 Target 2 – 1.11 Note: Once target 1 is reached, collect partially and move the stop loss to break even.
There is a great up trend line coming from the bottom. I have also marked a strong horizontal support zone. Basically we are looking for a breakout above the blue dotted line. That could happen from the current market level or if the pair pushes lower and then breaks above it. The signal would be invalidated if we see a breakout below the up trend line and...
I’m following the potential up trend line to develop on the M15 chart. Once price enters the sell zone, ideally we want to see divergence followed by a breakout below the trend line. After the breakout, let the price retrace a bit and then short the pair. Set your protection above the longer term bearish trend line that comes from the highs of the H4...
We can try to short the pair with the breakout of the up trend line. So once again wait for the price to enter the sell zone, let it break below the up trend line and after a small pullback, short the pair. Set your stop loss above the most recent high to be created. Target 1 – 1.0630. Target 2 – 1.0475.
This is the bearish scenario that we are following on the H1 chart. We want to see a break, small correction and then sell. Final target would be the up trend line from the bottom. First target – once bullish divergence forms. Cash out part one and set the Stop loss to break even. Stop loss – above last high.
The support around 76.50 is a key level that we want to hold in order for this setup to be valid. It is very likely that we will see one more push higher before the correction that we need in order to go long. Look for hidden bullish divergence to form near the up trend line which would be perfect trigger for this entry. Alternatively you can draw the most recent...