Buy dips near the H1 up trend line aiming the D1 down trend line from the tops. Stop Loss – below last low and the trend line. Target 1 – 78.80. Target 2 – 80.60.
A breakout in silver should attract more sellers. We can also expect the price to reach the up trend line which coincides with a strong support zone around 17.00-17.70. Look for a breakout of the triangle on the H4 or H1 charts and after a small pullback go for a sell. Stop loss above last high. Target 18.23.
look for the price to enter the buy zone. Then draw the most recent down trend line and wait for the breakout above it. We want a small correction after the breakout, where the buy entry would be. Stop Loss – below last low. Target 1 – 1.7250. Target 2 – 1.7780.
Buy dips in crude oil as long as 42.70 supportive zone holds the price above. The commodity did a breakout above the most recent down trend line on the H4 chart, re-tested it and it is now set for further gains. Stop Loss – below last low to be created during the pullback. Target 1 – 46.00. Target 2 – 47.00.
Wait for the FED and their statement. Depending on which way the breakout would happen go with this direction. Buy Scenario: Stop loss – below the last low to be created. Target 1 – Last highs around 2186.50. Target 2 – Keep it open until bearish divergence starts to develop. Sell Scenario Stop loss - above the last high to be created. Target 1 - Last...
Wait for the price to enter the buy zone, we want to see bullish divergence, then breakout above the trend line, small pullback and buy. Stop loss – below last low created. Target 1 – 102.00. Target 2 – 103.30.
Look for one more low, then break above the trend line, small pullback and go long. top Loss – below last low created. Target 1 – 1.4890. Target 2 – 1.5030.
Break below the up trend line, wait for a pullback and sell. Note: This setup is valid as long as last high holds. Stop Loss – above last high to be created. Target 1 – 0.9585. Target 2 – 0.9530.
I'm looking to buy near the H1 chart bullish trend line. Ideally i want to see a double wave correction near the TL ending with bullish divergence. Stop Loss: below 1.0290. Target 1: 1.0340. Target 2: 1.0430.
Look for a breakout above last high. Then wait for a pullback and buy. If we get bullish divergence on the h1 chart would be an extra confirmation. Stop Loss – below last low to be created. Target 1 – 1.0340. Target 2 – 1.0400.
Bullish continuation is expected in Gold. It all starts from the H4 chart where the commodity broke above the most recent trend line and it looks like it is correcting itself at the moment. I believe this correction is near its end as we are pretty close to the trend line (re-test) and there is a strong support zone on the way. Hidden bullish divergence formed...
Sell Scenario 1 (H1 Chart) We don’t yet have a clear trend line but if the pair consolidates before pushing higher, we will use the low to draw our most recent bullish trend line. Once price reaches the 1.3210 level, we can start looking for the breakout below the TL. Stop loss – above last high created. Target 1 – 1.3100. Target 2 – 1.2960. Sell Scenario...
I will be looking to execute the buy on the H1 chart. The buy entry will come after two things. First of all i want to see the price going below the level marked on the image – 0.7290 or so. Next step is to wait for the breakout above the most recent bearish trend line. This is where the buy would come. Stop loss – below the most recent low. Target 1 –...
There is a trend line coming from the highs which might act as our dynamic resistance. It is very likely that we will see a re-test of 77.00 before continuing down to 76.00. The idea is very simple. Watch out for corrections toward the sell zone and sell. Stop loss – above last high to be created. Target 1 – 76.50. Target 2 – 76.00.
Wait for price to reach the sell range between 1.5050-1.5100 and sell. Stop Loss – above most recent high. Target 1- 1.4870. Target 2- 1.4750.
USDCAD is trading inside a channel/triangle on the D1 chart and it is currently near the up trend line of the formation. On the H1 chart there are two possible scenarios to follow. Scenario 1: Break above the down trend line, retrace and buy. Scenario 2: False break of the last low, retrace and buy. Protection should be placed below the last low to be created....
I expect to see a duplication of the first bearish wave of the H4 chart. After the h1 triangle breakout, look to sell rallies. Stop Loss – above 1.4670. Target 1 – 1.4550. Target 2 – 1.4480.
I expect the pair to correct deeper near the up trend line and this is where i would like to buy, after a double bearish cycle on the H1 chart and a bullish divergence to form. Stop Loss – below last low created. Target 1 – 1.3325. Target 2 – 1.3435.