Look for buy entries if the price corrects to the up trend line and support zone Target 1: 193.80 Target 2: 194.50 Stop Loss: A close below 192.00
We can expect the pair to rally in the following weeks. There is potential wave duplication on the Weekly and Monthly chart so 127-128 levels should be the least we can see before the pair turns south (monthly bearish divergence is being developed at the moment) The plan in the shorter term is to look for buy opportunities once the bearish trend line is broken up...
pair is trying to complete a 4th wave up on the daily chart. if this scenario happens and it reaches 1.53-1.54 zone i think we should be looking for sells. This is also December 2014's high which should be a stiff zone. See image for targets and other details. Vlad
NZDUSD seems like it is breaking up and that might be the trigger for the move that i've been anticipating for a long time now. I expect the pair to complete this potential double move up then retrace to the 38 - 50 fibo level. We can look for an entry with hidden bullish divergence. Target: 0.69-0.70 Stop Loss below last low created
NZDUSD seems like it is breaking up and that might be the trigger for the move that i've been anticipating for a long time now. I expect the pair to complete this potential double move up then retrace to the 38 - 50 fibo level. We can look for an entry with hidden bullish divergence. Target: 0.69-0.70 Stop Loss - below last low created
A few scenarios to sell the EURGBO Scenario 1 - sell the break of the H4 triangle Scenario 2 - sell double waves up on the H1 chart Scenario 3 - sell once the H4 hidden bearish divergence is confirmed on the h1 chart with regular bearish divergence Aiming 0.69
Monthly Chart - approaching the up trend line Weekly Chart - Bullish divergence is being formed D1 Chart - Double wave cycles almost completed (below 073 would be ideal) and bullish divergence already there H4 Chart - Look for an entry on the h4 chart once the down trend line is broken along with the most recent resistance zone Target 1 - 0.7510 Target 2 -...
H1 - bearish convergence, bearish hidden divergence, and fibo resistance Entry - M30 - look for a break of the trend line with the most recent support for a sell Target 1 - last low Target 2 - 0.73 Stop Loss - above last high created
Break followed by ABCD correction and respecting the broken trend line would present a sell opportunity. Target 1 – 1.0880 Target 2 – lower band of the triangle Stop Loss -above last high created on H1
We can enter a Buy trade if the price corrects a few pips from the current levels (H1 chart) and forms a bullish divergence. Our target would be around the wave duplication area as highlighted in the chart. Target 1: 1.9950 Target 2: 2.0000 Stop Loss: Below the last low created before entering the trade.
Pair has created a bullish convergence on the H4 chart and is about to complete a potential double wave up.There is also a bearish trend line that was broken. I think we should be looking for minor corrections in order to go long, as explained on the chart
Pair false breaked the last low, also broke the most recent bearish trend line and a small triangle that we find on the M15 chart. I think we can expect the pair to rally from here Target 1: 0.7480 Target 2: 0.7520 Stop Loss: Below the recent low around 0.7390.
There is a double wave move that completed on the Daily chart. I think the pair has reached a top and it is about to reverse from here. Look for this false break on the H1 chart and go for a sell Target 1: up trend line (from the lows) Target 2: D1 20 MA Stop Loss: above last high
As long as the bearish trend line holds the price we can expect the GBPJPY to continue lower. There is a potential double wave up correction, forming on the H1 chart. We should follow the up trend line and most recent support for a break. If successful we may consider going short.