As long as the pair is holding above 1.11-12 zone i'm looking for bullish setups. One way to join is, if the price pushes lower near the daily trend line and holds above 1.11. Bullish divergence to complete and we can go long
Silver is under bearish pressure at least in the shorter term. Bearish convergence has been created on the H1 chart and now the pair is consolidating. We can go short with the break of the lower trend line on the M15 chart aiming 17.30 as first target and 17.00 as second one.
Pair has almost reach a double wave duplication zone which also coincides with the last spike on daily chart around 1.1700. Once the pair reaches this level and creates a bearish candle pattern, go for a sell protecting last high to be created and aim 1.1550 as first target. Second target should 1.1250
I believe the pair will re-visit the 0.7800 zone and this is why i'm looking for long entries. Here is my plan to join: Wait for the price to re-test the up trend line and once we get a bullish candle pattern on the H1 chart go for a buy. preferebly we will bullish divergence as well which will give us extra confirmation. Target 1: 0.7650 Target 2: 0.7800
Still following this pair. Price is approaching to the desired 90.00 level where a triple cycle might complete. That would be a great sell opportunity if we get bearish divergence + bearish candle pattern on the H4 chart. Target 1: 85.00 Target 2: 80.00
I believe the bearish pressure is still here and this is why i'm looking to short the pair. There is H1 hidden bearish divergence forming already. If the price reaches the sell zone and the hidden divergence completes itself i will be looking to sell. Target 1: 0.78 Target 2: until bullish divergence forms
NZDCAD has a bearish convergence on the H4 chart, what we need now is a retrace in order to join the sells. Therefore we go to the lower TF and try to sell when price is bouncing on the red TL. Sell after a bearish candle pattern and/or divergence in order to join the second part of a double wave cycle. TP 0.8699 SL 2 pips + spread above last high after price...
Silver triple fibo projection of the last 3 cycles shows a strong resistance zone around 17.7 this area also is last daily resistance zone. As we have a bearish continuing divergence on histogram we can try to sell around that area. Sell the break of the bottom yellow TL protecting SL above last high before the TL broke + spread + 2 pips. Target 1 -...
Sell This pair as it reaches for 100% fibo extension of the first cycle and 61.8% fibo extension of the second wave. This double fibo projection zone will provide a resistance zone and we have a bearish divergence as well. Sell the break of the yellow bottom TL protecting SL above last high before the TL broke + spread + two pips. TP aiming support zone 83
If the bottom TL holds buy the break of the triangle to the upside. TP 1 last high 1.1463 TP 2 1.17 SL 2 pips + spread below last low before the triangle broke.
Double Fibo Projection falls exactly on next resistance. Sell the break of the yellow TL. TP1 1.2552 TP2 1.1154 SL 2 pips + spread above last high before the TL broke.
After a Triple Cycle up and three False Breaks we can see a Bearish Divergence as well. Sell the break of the Yellow TL aiming 50 % of the Triple Cycle TP 38.83 SL 2 pips + spread above top 42.60
If you have missed the entry from yesterday's triangle idea you can now rejoin. While price is near the trend line and resistance zone around 123.10-20 we can try to sell once a bearish candle pattern forms. There is already hidden bearish divergence that has formed on the M15 chart. Aim to collect first target near last low.
Pair has already formed bearish hidden divergence on the H4 chart and there is also triangle which could be better seen on the H1 chart. Look for a breakout below the triangle to short.
H4 bearish divergence H1 potential bearish divergence to form Looking to sell near 86.00 zone
NZDJPY A "Triple Cycle" has almost completed so we target 50 Fibo Retracement. Sell the break of the yellow TL aiming TP 74.10 SL 2 pip + spread of last high before TL is broken.
CADJPY after a triple cycle down we aim 50% Fib Retracement. A bullish hidden divergence supports our plan. TP 91.50 SL 80.115
S&P 500 Sell Idea It seems that the daily triple cycle is ending up with a H&S pattern. Sell the break of the yellow TL aiming: T1 1970 T2 1860 SL 2070