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This is a daily swing. So first thing you must notice is that, this is a false break, but on a daily level. False breaks are basically stop loss hunts. So how do we take the trade? Wait for price to break up 1.324 to 1.328. Once it is there, wait for a retest back to 1.324 and go long. That will add momentum to the 4hour timeframe to complete the huge “W”...

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Ok let me go straight to the point on this one. If price retraces back to (80.7- 80.85) I will be looking to take a short to 1.414 fib extension. Normally 1.618 is the right place to take profits, but London session has been crazy lately and I don’t want to leave anything to chance. Traders in that session are extremely aggressive Sorry for too much...

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If the market is able to close above 105.6, that will confirm a reversal for USDJPY as well as all JPY pairs. We can clearly see the divergence on the 1 hr time-frame. So how do we take this trade? If the market is able to close above 105.6 on the 4hr time-frame, wait for a retracement at 105.3 and enter a long. First TP is given. Stop Loss below the false...

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AUDNZD is one of the two (EURCHF) pairs i hate trading the most. They normally move in the same direction but i do not like to let an opportunity pass by. This is a counter trend trade. Don’t stay in too long. Divergence confirmed on H1. Entry, Take Profit and Stop Loss all provided. If you agree, please give this chart a thumbs up. If not please comment and...

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All information is on chart. Just wait for 4hr candle to close above the false break and follow the sequence for the long on 1hr If you agree, please give this a thumbs up and if not please share your idea. Thank you and good luck

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Monitor for a false break on the 1hr and 4hr time-frame. I will update chart once the false break happens. Currently, 1hr time-frame is bearish as well as the 4hr but 8hr and 16hr has strong bullish divergence. Also CHF is showing signs of a reversal on all other CHF pairs. TP is at .917, because there could be a possible head and shoulders. Let us take one...

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We can see a head and shoulders setting up on GBPAUD. We had a false break at 1.832 confirming short entries for this pair. If you missed the initial entry don’t worry and wait for this set up. So how do we take the trade? Wait for price to retrace back to 1.832 then you will enter this trade for a short. This is when 4 hr time-frame will enter into strong sell...

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We can see that we had a clear divergence on 1hr CHFJPY which is s reversal pattern. This might be a reversal for CHF or big banks taking profits. It could also be a reversal on JPY pairs. Anyway if you missed the first drop, don’t worry and wait for this set up. So how do we take the trade? 4hr is still bullish so wait for price to reach 117.4 or 117.575. I...

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If the market moves back to test 126.7, it will go there with a lower momentum on the 4hr (divergence). So how do we take this trade? Watch out for a fake break on the 1hr time-frame and take a short to the TP line. If market remains very bearish, expect it to get to TP 2 but before that I expect a pullback to the neckline before continuing. Stop loss will...

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I am currently bullish on EG. On the daily timeframe, we are flat, but as long as the support isn't broken, I am still bullish. So I am waiting to see a false break to complete the "W" pattern on the 4hr timeframe and complete the bigger W on the 8hr. Double bottoms ("W") are almost never even in the London session and that is the reason I will look for a false...

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We can see an inverted head and shoulders setting up on AUDCHF. We had a false break at .65 confirming long entries for this pair. If you missed the initial entry don’t worry and wait for this set up. So how do we take the trade? Wait for price to reach .654 areas and back to .651 then you will enter this trade for a long. This is when 4 hr timeframe will...

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All information on chart. Thank you and good luck

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Monitor for a false break on the 1hr and 4hr time-frame. I will update chart once the false break happens. Currently, 1hr time-frame is bullish as well as the 4hr, but there is a bearish divergence forming on 4hr. So how do we take this trade? We need a break above 1.185 and a 4hr candle closing right after below 1.185. Enter as soon as this happens. If you...

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We can see a reverse head and shoulders on GBPUSD. Entry line is given, stop loss is given and TP 1 and 2. Entry is basically at the false break line which also aligns perfectly with the 78.6% Fibonacci retracement. Thank you and good luck

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So I am anticipating a false break to set up a long position for EU on 4hr to complete the "W" formation. I will only enter the trade if the false break happens with a stop loss below the false break candle. TP indicated on chart. If the false break does not happen and we break lower, I will wait for a retest and enter a short position. I am more bullish on EU...

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I will take a short if i get another retest on 1hr. Entry and TP Given Good Luck

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Using a line chart We can see there was a false break and the price is currently testing the resistance of the false break on the 4h. Trade currently active. Good Luck

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So we can see that we have a clear falling wedge pattern on the 4hr timeframe So how do we take this trade? Less aggressive approach:---- Look for a false break (Divergence) on the 1hr for entry Aggressive approach: -------Enter at the 78.6 fib retracement. Markets normally reverse at 61.8 but you will normally see a false break to 78.6. TP (1.68 fib...