W1 - Double wave down, price reached a critical zone formed by the fibo level of the cycle and the psychological area 0.65 and is currently moving higher. Bullish divergence. H4 - Bullish hidden divergence. H1 - Price is moving inside a bullish flag pattern, if the price breaks above the top of this pattern we may then start looking for buys with more bullish evidences.
D1 - Potential big double cycle, price still has room higher towards the 61.8 fibo H4 - Potential special or triple cycle. We have a critical zone that has formed. We may now expect one more push higher from the current zone towards this critical zone with the bearish divergence completing itself. We may then start looking for short term sells with bearish...
H4 - We were after sells with this pair and the push lower that we were waiting for happened, so now its time to switch for bullish and buy setups. Price is nearing the bottom of the bullish channel, we have a double cycle down. Based on the fibo extension levels the two potential zones to look for bullish reversal are the 61.8% and 100%. Once a bullish...
H4 - Potential double cycle up forming, after the initial move up currently a correction is happening inside a range. We have a critical zone that has formed based on the fibo extension levels 61.8% and 100%. If we get a valid breakout at the top of this range we may then expect another push up in cable and then most likely we will see further drops. Once the...
H4 - I expect the pair to provide one more leg lower, to reach the H4 chart channel. Short term sell opportunities are present. H1 - Potential double cycle up, price reached the 61.8 fibo level and is moving lower. If the price breaks below the uptrend line, we may consider this as an evidence of bearish pressure and start looking for short term sells.
H4 - The price has reached the magnet zone formed by the bottom of the channel and the 61.8 fibo extension level of the double cycle and is currently moving higher. We may now look for evidences of bullish pressure and start looking for buys. We may look for buys until price reaches the top of this bearish channel.
W1 - Triple cycle up, price has reached the magnet zone, bearish divergence. We can go short with the breakout of the uptrend line. We may expect the price to move lower until it reaches the 38.2 fibo extension of the entire W1 triple cycle. D1 - Bearish divergence forming. H4 - Double cycle up, continuing bearish divergence. The 161.8 fibo extension of the...
H4 - Big double cycle up, bearish divergence has formed. The second leg of this double cycle has reached the 100 fibo extension level of the first leg and is holding in that zone. Once we get a breakout of the uptrend line we may look for sell setups, until price reaches the 38.2 - 50% fibo retrace zone.
W1 - Double cycle up completed, we may now expect the price to move lower until it reaches the 38.2 fibo retrace zone of this entire double cycle. D1 - Price broke at the top of the range, if this turns out to be a false break, we may then expect the price to move lower until it reaches the bottom of this range. If the price breaks below the bottom of this range...
D1 - Price is moving lower towards the bottom of the channel. H4 - Bullish divergence, double cycle down, the 100 fibo extension level of the first leg coincides with the bottom of the daily channel thus forming a magnet zone. Once the price reaches this magnet zone look for evidences of bullish reversal and then we may start looking for buys. Invalidation: If...
D1 - Double cycle completed, we may now expect the price to move higher until it reaches the 38.2% retrace zone. H4 - Price broke the most recent downtrend line and retested it. We may start looking for buys now. Invalidation - If the price moves lower and holds below this downtrend line, then this setup is invalidated
W1 - The price has reached the bottom of this channel and if we didn’t get a valid breakout here (false breaks are acceptable) we may then expect the price to move higher again. D1 - We have two magnet zones formed based on the bigger and smaller double cycles. We may expect a reversal to happen from any of these magnet zones. Once the price reaches the magnet...
D1 - Triple cycle up, looks like a double wave correction is happening now. We may expect one more leg down towards 38%-50% fibo level. H1 - Magnet zone at 1.6970 could be tested along with the D1 trend line but generally we are already at good level to look for sells. Most recent trend line was already broken, we have multiple false breaks. Break below...
H4 - Special cycle retrace reached the 38.2 - 50% zone. No bullish evidences, we may expect this bearish momentum to continue. H1 - Price broke at the bottom of the channel, In addition this, we had triple cycle down, double cycle up and we got breakout of the uptrend line. No bullish evidences, we may now look for pullbacks to happen with hidden bearish...
H4 - Special cycle completed, price reached the 38.2% and 50% fibo retrace levels. Double cycle has formed, second leg of the double cycle has broken below the 161.8 fibo extension level. H1 - Price broke below the critical zone formed by the 161.8 fibo extension level of both the double cycle (bigger and smaller one). Price has also broken below the alternative...
H4 - Double cycle, price is at 61.8 fibo level. Bearish divergence has formed. M30 - Two false breaks. Aggressive Approach - Go ahead and sell now. Conservative Approach - Wait for a small pullback and then sell.
Price is moving as per our plan D1 - Triple cycle down, double cycle up. Price has now reached the downtrend line. Hidden bearish divergence. H4 - Bearish divergence forming, we may expect a reversal to happen from the action zones. H1 - Triple cycle upside, bearish pressure. We might see one more false break. We already have a good uptrend line but if the...
D1 - Big double cycle and triple cycle completed, we may now expect the price to reach the 38.2% retrace of the double cycle and 50% retrace of the triple cycle. Two trend lines and bearish hidden divergence has formed. H4 - Bearish divergence, price is respecting the 100 fibo level. H1 - Three false breaks and bearish divergence. If we get a break below 168.65...