H4 - Triple cycle to the downside completed, price is holding above a strong support zone, false breaks with bullish divergence. Downtrend line breakout, we may now expect possible short term retraces to happen. H1 - Bullish trend pattern, until the buy zone holds my short term view remains bullish here. Invalidation - If the price breaks and holds below the...
W1 - After a triple cycle, currently it looks like a retrace is happening in the form of a range pattern. Price has reached the 38.2% - 50% fibonacci retracement zone. H4 - Downtrend line breakout, looks like the pullback that we are looking for happened. H1 - Bullish trend pattern, we may now look for bullish setups with more bullish evidences in order to...
D1 - Triple cycle down, price reached a critical zone, potential bullish divergence. H1 - Triple cycle down, price reached the critical zone and is moving higher, bullish divergence. If the price moves higher and breaks above the high shown in the chart we may then look for pullbacks and buys with more bullish evidences. Invalidation: This buy setup is valid...
D1 - Bullish convergence H4 - Triple cycle completed, currently it looks like a retrace is happening. H1 - We have two critical zones that has formed based on the fibo levels of the cycles. Price has now reached the second critical zone, bullish divergence. Until this zone holds we may look for more bullish evidences in order to join the bulls.
D1 - Special or triple cycle completed, currently it looks like a retrace is happening. H4 - We have two critical zones that has formed based on the fibo retrace and fibo expansion levels of the cycles. Price has reached the first critical zone, we have bearish divergence, until this critical zone holds, we may look for more evidences of bearish pressure and...
W1 - Price is still in the zone of a triple cycle ending up with resistance, we have a possible double top. We may now look for a correction in the form of two waves or a range. As long as the last top holds, we may look for a retrace to happen towards the 50% retrace zone. D1 - Second false break with divergence. Band to band movement. H4 - Triple cycle, the...
H4 - Special or triple cycle completed, currently it looks like a retrace is happening, bearish hidden divergence. H1 - Double wave up, price has reached the first critical zone, bearish divergence. Until this critical zone holds, we may look for more evidences of bearish pressure in order to start looking for sells. If the price moves higher then the next area...
We have finished triple cycle or 5 waves, Divergence is also bullish. Bulls might take the control any moment.
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...
D1 - Potential double wave down, price has room towards 61.8 fibo level. H1 - Special or triple cycle completed, currently it looks like a pullback is happening. We also have two critical zones that has formed based on the fibo levels of the cycles. I’m looking to sell pullbacks with bearish evidences here.
H1 - Bullish divergence is now gone, which means we might be going lower to complete a triple cycle. We want to see bullish divergence forming on H1 again, before attacking buys. Invalidation – If the price moves higher and breaks above the trend line before completing the triple cycle, then this setup is invalidated (false breaks can be neglected).
D1 - Triple cycle down completed, price is currently trading at the 50% correction of the previous down move which is a strong resistance zone. H4 - We have a magnet zone based on the 50% fibo retrace zone of the daily triple cycle and the top of the bullish channel. Price has reached the magnet zone, we may now look for evidences of bearish pressure and then...
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 - Triple cycle up forming, based on the fibo extension levels of the two legs, we have a magnet zone. We also have a bearish divergence. Price is nearing this magnet zone. Once price reaches this zone we may expect a bearish reversal to happen. We may then start looking for sells with the breakout of the uptrend line.
Sell Scenario: D1 - Special cycle completed, currently a retrace is happening towards the 38.2% - 50% fibo retrace zone. Once the price reaches this zone we may look for evidences of bearish reversal and may start looking for sells. Buy Scenario: H4 - Triple cycle completed, currently it looks like a retrace is happening in the form of double wave down towards...
H4 - Triple cycle completed, currently it looks like a correction is happening in the form of double wave down. Once the price reaches the magnet zone look for confirmations of bullish reversal in the form of bullish divergence, false break, trend line breakout, etc... We may then start looking for buys.
H4 - Triple cycle up forming, we have a magnet zone based on the fibo extension levels of the two double cycles. We may now expect one more push higher with price reaching the magnet zone and a bearish reversal to happen from there. H1 - Price is respecting the uptrend line so far. We may now expect one more push higher with bearish divergence to form. We may...
H4 - Triple cycle up, the third leg of this triple cycle is moving higher towards the second magnet zone. From this zone we can start looking for a possible stop and retrace signs. if we can see any, we can think about some sells from here. If this zone doesn't hold, we may then expect the price to move higher and reach the third magnet zone and may look for a...