Follow the pair and if the price falls to around 1.4300, creates false break followed by divergence look to buy. Target 1: 1.4480 Target 2: 1.4600 Stop Loss: if the pair fails to move higher and breaks the last low created before entering the trade OR below 1.4250.
The pair has created a bullish convergence. At least in the shorter term i think the EURJPY is going up. So wait for a double wave correction down near the 50% fibonacci retracement zone and a bullish candle on the M15 chart in this area in order to get into a buy. Target 1: 128.00 Target 2: 128.80 SL: below 127.80
While the Gold is traded below the range of 1090-1102 I am under sell opinion. Here is the plan to sell.
We can enter a sell trade for the S&P 500 index if it breaks the highlighted triangle pattern and settle below it. Target 1: 1910 Target 2: 1860 Stop Loss: If it turns out to be a false break and the index closes back above 2040.
Wait for double wave correction near the H1 trend line and support zone around 0.7250-60 Target 1: 0.7350 Target 2: 0.7380 Stop Loss: Break and close below 0.7170
Sell with the break of the up trend line Target 1: 0.9700 Target 2: 0.9620 Stop Loss: Break and close above 0.9830.
It seems that the pair might be going for a bullish double wave cycle on the daily chart and we also have bullish convergence as confirmation. So two waves correction near the trend line would be a nice buy entry zone. Target 1: 0.6750 Target 2: 0.6850 Stop Loss: Break and close below 0.6400
Target 1: 1.0800 Target 2: 1.0950 Stop Loss: Break and close below 1.0500 or the last low created before the wedge pattern is broken
Double wave correction up near the TL would give us a great sell setup. Look for bearish divergence to form on the H1 or H4 time frames. Target 1: 128.40 Target 2: 127.00 Stop Loss: Above the down trend line
Pair found a monster resistance zone and broke the up trend line on H4. I think it is a good idea to sell rallies as long as 188.80 holds. Target 1: 184.80 Target 2: 184.00 Stop Loss: Break and close above 189.00.
Price is currently at 61,8 of the last wave up fibo expansion. It is also sitting on weekly monster resistance. Sell with the break of the up trend line. If it continues higher look for bearish div to be completed (another MACD histogram peak) + false break of the trend line from the tops
If the price creates another low on the H4 chart along with bullish divergence we can go for a buy. Target 1: 0.6540 Target 2: 0.6650 Stop Loss: Break and close below the trend line and support area on the daily chart.
Daily cycle has completed (double wave up) and we can expect to see some bearish moves now. To stay on the safe side wait for the trend line break and confirmation (re-test and hold) before going short. Entry - short once the TL is broken and the break is confirmed Target 1: 121.50 Target 2: 120.20 Stop Loss: Break and close above 123.80 would invalidate our...
We have 2 scenarios to join this pair. Scenario 1 - go with the break of the trend line Target 1: 0.7180 Target 2: 0.7230 Stop Loss: Exit if price closes below 0.7100 Scenario 2 - after the double wave duplication completes look to buy from the 0.7080-70 zone Target 1: 0.7140 Target 2: 0.7180 Stop Loss: Close below 0.7070
Look to sell either with the break of the up trend line OR scenario 2 if the pair creates a double wave correction up near the 2.1500 resistance zone Scenario 1 Target 1: 2.1320 Target 2: 2.120 Stop Loss: If the break turns out to be a false one and the pair trades back above the broken trend line Scenario 2 Target 1: 2.1340 Target 2: 2.1200 Stop Loss: Break...
Pair starts to show bearish momentum so i think we should be looking for sell setups. Daily chart is making lower highs and bearish divergence is in place. I'm looking for double wave up to complete, and as long as 1.3450 support zone holds, i will look to sell Target 1: 1.3000 Target 2: 1.2950 Stop Loss:exit in case of break and close above 1.3300
H4– We can enter a buy trade in the AUDUSD if it breaks the highlighted triangle pattern and settles above it as highlighted in the chart attached Target 1: 0.742 Target 2: 0.7450 Stop Loss: Break and close below the triangle support trend line
We can enter a buy trade in the AUDUSD if it corrects lower in two waves. Target 1: 0.7280 Target 2: 0.7340 Stop Loss: Break and close below the last low created before entering the trade