VladimirRibakov

VladimirRibakov

NZDUSD buy retraces should be a good idea after the false break and the failure of bears to take control. Price retraced immediately inside the triangle formation and it now broke above. It has also surpassed the previous highs around 0.7310-20. Stop Loss – below 0.7260. Target 1 – 0.7390 Target 2 – 0.7450

VladimirRibakov

In the H1 chart I want to see a breakout below 0.8590 (blue horizontal line) and then I will be looking to sell at the pullbacks towards the down trend line. Ideally we would see two waves up ending with bearish divergence. Of course this is not a mandatory condition. You can also find the short term up trend line that will form during the pullback and trade the...

VladimirRibakov

Ideally we will see a double wave up which end with bearish divergence near the 1.3020 level which also coincides with the down trend line from the highs. This is also a good resistance zone. Stop Loss – Above 1.3090. Target 1 – 1.2750. Target 2 -1.2450.

VladimirRibakov

Ideally I want to see a two waves up move on the M15 chart which will end with bearish divergence inside the bearish zone. Basically as long as the down trend line holds we are good to go. Stop Loss – above 19.90 Target 1 – 19.50 target 2 – 19.30

VladimirRibakov

We see a confluence of trend lines in a zone I have marked with red circle. This is where we want to see the price before going short – rally, sell. Look for divergence to form near this zone and attack when completed with bearish candlestick pattern. Alternatively draw an uptrend line and once broken go with the break. Stop loss – above last high...

VladimirRibakov

We have two possible options to enter a sell for this setup. Drop to the H1 chart and look for double wave up. At the end of the second wave if you notice a bearish divergence to complete itself with a good bearish candlesticks pattern – go ahead and sell. This is option one. Second way to enter is to wait for the price to enter the sell zone (the range between...

VladimirRibakov

Look for a breakout above the dotted down trend line. Find a long entry after a pullback to the up trend line. Protection below last swing low and the up trend line. Target 1 - the 1.0730 zone or so (the down trend line of the potential triangle) Target 2 - 1.09

VladimirRibakov

Wait for the price to enter the zone between 1.6060 – 1.6490. Yes it looks like a huge range but don’t forget this is the GPBCAD we are talking about. So another drop lower, wait for a breakout above the trend line, retrace and go long. Divergence is here as well. It all looks perfect for this setup so let’s see if Mr. Market will do what we want and...

VladimirRibakov

On the H4 chart we can see that the most recent up trend line was broken already (blue dotted line) and price is now re-testing. It is crucial for the pair to remain below 0.7725 for this scenario to be valid. Close above it would most likely mean that we are going to see further continuation up so we don’t want to be involved. If however price bounces off this...

VladimirRibakov

Price is currently near the top of the D1 channel. On the H4 chart we can enter two ways. Option 1 - If price pushes higher above the previous spike to created divergence, we can enter with a bearish candle pattern and completion of the divergence. Stop loss should be placed above last high created. First target 0.7060 which should be at least 1:2 risk:reward to...

VladimirRibakov

If the pair bounces off of the bearish trend line we will be looking to sell. Ideally I want to see one more push higher, reaching the trend line and creating a false break. Next step would be a breakout below the up trend line (dotted green line) and most recent low. Once that happens I will be looking for a re-test of broken TL and correction before entering a...

VladimirRibakov

We will be looking to enter on the H4 chart with a breakout above the most recent down trend line (which also coincides more or less with the daily trend line) and the most recent high. Once that happens, wait for a pullback that will first of all confirm the breakout and second – it will improve the risk:reward on the trade. Only when go for a buy. Stop Loss –...

VladimirRibakov

The buy zone is near a great supportive area and fibonacci level. We want to see MACD histogram creating higher lows as well. Ideal scenario would be if price creates a false break (green line), then break above last high (red line) and at the end a correction which will allows us to go long at better prices and to improve the risk:reward ratio.

VladimirRibakov

I'm following the two up trend lines as seen on the chart. Once the price enters the buy zone I want to see either false break + bullish divergence on M15/H1 or simply a bullish candlestick pattern on H1 for an entry. So we have two options to enter. Best is to put the protection below the buy zone (below 0.7180 or so). Use last swing high for your target.

VladimirRibakov

Ideally I want to see silver pushing slightly higher to the down trend line creating a false break. I'm following the bullish trend line. Once broken down, after a re-test I will be looking to sell.

VladimirRibakov

Break above the trend line , re-test of the broken TL and we can go long. There is also a bullish divergence forming at the moment which puts extra bullish pressure on the pair.

VladimirRibakov

Pair has reached a short term top and started moving downwards. I want to see the price going a bit further inside the sell zone as shown in the image below. There is also a down trend line from the highs which will meet the price approximately at the same zone. Price is currently developing a divergence. Ideally we want to see this divergence being completed...

VladimirRibakov

After the strong up move that created higher highs, i'm now looking for a correction to go long in the USDCAD pair. I want to see the price as closer as possible to the up trend line, complete bullish divergence and then I will enter. It is all about the risk:reward. If we get a good R:R ratio aiming last high we will take this trade. If not just skip it.