VladimirRibakov

VladimirRibakov

I would like to try and trade this head and shoulders in GBPUSD by dropping to the H1 chart and looking for the price to reach the buy zone as marked on the chart. We can get a great risk:reward here as final target could be close to 1:6 or 7 maybe even higher, depending on where exactly the entry could come if we see the price pushing to the zone. Look for false...

VladimirRibakov

After the pair has bounced off of the W1 chart we can now focus on short term buys until the pair completes a double wave up. On the bit longer run we can look for sell setups once we get the double wave up towards the up trend line (yellow). Taking it one step further a buy setup will be possible near the up trend line.

VladimirRibakov

There is a very nice and promising sell scenario forming in USDJPY. D1 chart - bearish divergence is already there, strong resistance zone and a trend line. H4 chart - two cycles coincide around 107.30 zone which would be a perfect place to sell once the divergence complete itself and

VladimirRibakov

EURUSD triangle breakout idea which we continue to follow. Notice that we could get a double wave inside near the upper trend line. I recommend to be conservative here and don’t try to trade the potential bounce off of the top line as it might get tricky with false breaks.

VladimirRibakov

EURAUD buy setup is forming in the shorter term which i’m following for an entry. See my plan and analysis below: EURAUD D1 Chart There is bullish divergence forming on Daily chart already. The bullish pressure is there. However keep in mind we might see price dropping to 1.4140 or even down to 1.3880 if the current support doesn’t hold. Scenario 1 Bullish...

VladimirRibakov

There are two possible scenarios to buy the AUDUSD pair. Scenario 1: Wait for the price to enter the BUY ZONE on the H1 chart, wait for the divergence to complete itself (MACD tick up) and a bullish candle pattern to appear - then buy. Scenario 2: Drop to the M15 chart, wait for the price to enter the buy zone, let the price create a false break, then break...

VladimirRibakov

Look for a false break first on all on the H1 chart along with bearish divergence to form. A breakout below the

VladimirRibakov

I'm still bearish in EURUSD. There are two possible scenario i see for the pair. Scenario 1: If we see a double wave up near the down trend line we can sell around 1.12-1.13 towards the last high as protection. Scenario 2: If the pair goes for a range, try to sell near the top trend line or alternatively once we get a breakout below the range.

VladimirRibakov

Price is currently at the bearish weekly trend line. In the shorter term bearish corrections are possible but I expect the trend line to be broken and 0.98 - 1.00 zone to be reached. If that happens I want to see a trend line breakout to the down side on the Daily chart, followed by corrections and then sell.

VladimirRibakov

I'm looking for the pair to create a false break on the H4 chart. Next step is to see a break above the most recent high and once that happens i will focus on buying corrections as shown in the chart.

VladimirRibakov

I'm looking for either another false break to the upside near the 0.7500 zone, which once completed I will look for corrections to sell OR Once the price reaches the 0.7500 zone and breaks down the trend line, I will again look for pullbacks and sell from there. In both scenarios the stop loss should be placed above the last high to be created. I will be aiming...

VladimirRibakov

There are two ways to sell the end of the bullish cycle in EURJPY. Scenario 1: Look for a false break at the end of the cycle near the sell zone. Scenario 2: Wait for the break of the up trend line along with most recent low.

VladimirRibakov

A break above the down trend line + the most recent high should open the door for the bulls. Once we get the first step, look for pullbacks near the broken trend line and go long. Protect last low to be created and aim for at least twice the stop loss.

VladimirRibakov

There is a triple cycle completing itself on the H1 chart. If we get another false break as shown in the image below, we can look for a convergence principle - pair to gain bearish momentum by breaking the last low after the false break - and then sell the correction in order to improve the risk:reward ratio.

VladimirRibakov

There is a great potential sell setup forming in Gold on the H4 chart. Commodity has been trading higher for the past few weeks and it is not approaching good reversal levels, even if only for the short term. The bearish divergence is another confirmation for the bearish outlook Once the false breaks are there, next step is to look for a correction. Ideally we...

VladimirRibakov

Wait for another false break to the upside on the H4 chart. Once we get that, a lower low must created. This is when you can start looking for correction to the upside, preferably in a double wave on the intraday charts like M15/H1 and sell.

VladimirRibakov

Daily triple cycle seems to have completed itself. i'm now looking for buy setups only. A break above last high on the H4 chart would confirm the bullish momentum in the pair. Once that happens look for pullbacks and go long. The deeper the correction the better as the risk:reward will improve significantly. Target should be twice the stop loss, and the stop loss...

VladimirRibakov

I am yet bearish in the pair and I think best way to join is by waiting for the H4 chart to get broken down and then we can look for pullbacks near the down trend line and resistance zone around 0.7500 to sell the pair. Technically D1 chart is already under bearish pressure due to the bearish divergence.MACD historgram is showing divergence on the H4 as well so...