D1 - We have big uptrend line and price is being respected. H4 - We have a big cycle and magnet zone. Potential bullish divergence forming. H1 - Price reached magnet zone and has now moving higher breaking the downtrend line. The uptrend line and magnet zone on this H4 chart should hold in order for us to look for buy opportunities.
W1 - Special cycle completed, followed by bullish divergence and bullish convergence. We can now look for pullbacks and buys. D1 - Price created lower lows for double waves down. Both 61.8 and 100 level has been reached by the same candle. Bullish divergence created. Uptrend line coincides with the zone where the fibo levels 61.8 and 100. If we can get a...
D1 - We have a big cycle, we also have a head and shoulder pattern and price broke below the neckline. We may now expect this pattern to be duplicated. The 50% retrace of this big cycle coincides with the projection of the head and shoulder pattern. H4 - If the price pushes higher then look for divergence to form. If that happens then we would expect the price to...
D1 - Price moving inside channel. Price is at the middle of the channel, we might now expect the price to reach the bottom and if we get a confirmed breakout, we may expect the price to move lower than that. H1 - We have an important zone where the 61.8 fibo extension coincides with the daily high. Now we may expect double wave up and we can go long with the...
D1 - Price reached important resistance zone. We have bearish divergence. Price reached the two levels but was rejected. H4 - Bearish divergence followed by bearish convergence and also price broke below the two lows. As long as the H4 high is holding, we can look for pullbacks and sells. Alternative Scenario: On the daily chart 61.8 of the first wave has not...
W1 - Bearish divergence and also we have a uptrend line, as long as there is no invalidation and bullish reversal signs we may expect the price to reach this uptrend line. D1 - Price moving inside wedge pattern, false break at the top. We may now expect the price to move towards the crucial zone. H4 - Price respecting the downtrend line. There are two possible...
D1 -Triple cycle completed, price reached magnet zone. H4 - We have bullish divergence and false break. Now we may expect a breakout of the last high forming convergence. After that wait for a correction to happen and then look for buys. If the price break and hold below 76.00 then setup is invalidated.
D1 - Price broke at the bottom of the triangle pattern and is holding below it. Potential divergence is forming. H4 - There is already divergence but there is no other sign of bullish momentum yet. We have a strong support level below 77.20 range. Price broke below first magnet zone and is moving towards the second magnet zone. We are now looking for short...
W1 - Price is close to the bottom of the weekly range. D1 - Divergence is broken, price is now forming false convergence. H4 - We have bullish divergence. Once the price reaches the zone shown in the screenshot, we can start looking for buys after we get confirmation of bullish reversal. Note: If this zone is broken (false breaks are welcome), this setup will...
W1 - Bearish divergence formed, price is respecting resistance zone. H4 - Price broke below the uptrend line. Now we may expect correction in the form of double wave. Once the correction completes itself, we can start looking for sells. If you want to be more conservative wait for the breakout of the most recent trend line after the double wave correction and...
D1 - Price moving inside wedge. Price created bullish convergence followed by double wave down. We can go long with the breakout of the trend line. Crucial zone formed with the trend line coinciding with the 61.8 Fibo and we may expect the price to reach this zone at least after breakout. H4 - Price broke above the big downtrend line and moving higher now. We...
H4 - We got double wave down after bullish convergence. We can go long with the breakout of the most recent trend line. Conservative Approach: Wait for the most recent high to be broken creating potential bullish convergence and then go long after correction. Alternative Scenario: D1 -Potential double wave forming. Uptrend line coincides with 61.8 Fibo of the...
Gold created a H4 bullish convergence suggesting that further moves up are to be expected. We have now gotten a healthy correction towards the 61.8% fibonacci retracement, created divergence on the h4 chart, which was confirmed on the h1 chart with divergence again and it broke above the most recent high (h1). As long as the last swing low on the H1 chart is...
H4 - Price bouncing from uptrend line, bearish cycle coincides with the trendline in a zone where price is being respected. H1 - Price broke out of the trendline and created bullish convergence. Now we may expect correction in the form of double wave and go long with the breakout of the trendline or we can expect a flat correction in the form of range and go...
W1 - Double cycle, price respecting 61%. We might see a range. If there are no buys from the zone where the price currently is, we will be looking for buys in the next zone. D1 - We have a range, price is at the bottom, we might expect it to reach the top. H4 - Intraday cycle, bullish divergence, price reaches the magnet zone. Aggressive - Wait for breakout...
W1 - Bearish cycle is near its end. We have bullish divergence and false break. D1 - Special cycle is near its end, bearish divergence has formed. Currently we have double waves to follow. H4 - False break of trendline. No breakout of last high yet. Measuring the first wave we could see a possibility of a push down also bullish divergence is forming. So we may...
H4 - Bullish divergence followed by bullish convergence. We also got a false break and a breakout of the last high. We can now look for a small correction and then join the buys.
D1 - Hidden bullish divergence H4 - We have a potential rang and also the intraday cycle finished with divergence and false break. H1 -We have bullish convergence, now we can look for pullbacks. M15 - Double wave down and the most recent trend line was broken. We can now look for correction and then buys. The first target that we are going to expect is the...