D1 - Special cycle completed, we may expect a correction to happen until price reaches the 38.2 - 50% of the fibo retrace zone. H1 - Triple cycle, once the triple cycle completes itself, we may expect a correction to happen in the form of double wave down. We can then start looking for the buys with the breakout of the most recent trend line. Invalidation: If...
D1 - Potential hidden bearish divergence forming. H4 - Double wave up, price has reached the first magnet zone that has formed based on the 100 fibo extension of the first leg and 38.2 fibo retrace of the triple cycle. We also have another magnet zone that has formed slightly higher based on the 50% fibo retrace of the triple cycle and the 161.8 fibo extension of...
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 - Two false breaks. H1 - Triple cycle up, bearish divergence formed. If we get a double wave correction, we can then go long with the breakout of the most recent trend line.
D1 - We have a potential triple cycle and it looks like this triple cycle is converting itself into a special cycle now. We have divergence only on the histogram now. We may now expect a correction to happen within the area which was the breakout zone and the bottom of the range. Once this special cycle completes itself we may look for a correction to happen and...
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 - Triple cycle completed with bearish divergence. We may now expect double wave correction to the downside and the price to reach the zone of 38.2% - 50% fibo retrace level. Once the double wave correction completes in this zone, we can go long with the breakout of the most recent downtrend line.
D1 - Price bouncing from the top of the range. H4 - Bearish convergence, we may now look for a correction and then sells. Also special cycle completed, we may expect the price to reach 38.2 retrace. As long as the high at 89.062 is holding we can look for a correction and then sells. H1 - Price has entered a good support zone where the triple cycle might...
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...
D1 - Triple cycle down and price respecting downtrend line. H4 - Magnet zone formed with 38.2 fibo retrace of the triple cycle, 100 fibo extension of the double cycle and the downtrend line. Potential bearish divergence forming and if the price moves higher and reaches this magnet zone, we can look for bearish reversal and join the bears. Note: As we are...
W1 - Price respected strong support zone again. D1 - Bullish divergence, price pushing higher. We want the price to break above the high at 0.9790, creating higher highs. H4 - Price respecting downtrend line. Both directions are possible from here. In this case there are two possible scenarios to confirm bullish momentum. Scenario 1 - Price to create higher...
Buy Scenario: H4 - Triple cycle up completed, now we may expect double wave down and once it completes itself we can long with the breakout of the most recent trend line. Sell Scenario: D1 - Price is respecting down trend line, hidden bearish divergence formed. If we didn't get a valid breakout of this downtrend line, we may expect the price to reach the...
D1- After double wave down, price is moving inside a pattern. We have got two false breaks and bullish divergence. H4 - We may expect double wave to form with price reaching the bottom of the pattern and then we may expect a bullish reversal. H1 - We may expect triple cycle down, which will also form a double cycle on the H4 chart. We have a perfect magnet zone...
D1 - Price bounced from top of the range, bearish convergence created. H4 - Triple cycle down followed by false break with divergence. If we get a double wave up to the 112.30 – 112.80 zone we can start looking for sells. Alternatively on the H1 chart if we get a triple wave up followed by double wave down, we can look for buys with the breakout of the most...
D1 - Triple cycle completed with divergence. Price bounced from the alternative trend line. We have further confirmations in the form of horizontal false breaks and alternative trend line false breaks. We may now expect the price to move higher until it reaches the zone shown in the screenshot. H1 - Triple cycle up, double cycle down, we can go long with the...
D1 - Triple cycle completed with divergence. Price bounced from alternative trend line. Further confirmations in the form of horizontal false breaks and alternative trend line false breaks. Based on the triple cycle we may expect the price to reach the zone marked in the screenshot. H1 - Triple cycle up, double cycle down, we can go long with the breakout of...
W1 - Hidden bullish divergence. D1 - Double wave down with bullish divergence. Trend line broken. H1 - Triple cycle up. double wave down. There are two magnet zones. We may now expect the second leg of the double wave to reach the magnet zone and then we can go long with the breakout of the trend line.