FreeForexSignals4u

FreeForexSignals4u

As per the linked chart you can see the cycles involved. Now at the end of a 3 waves impulse cycle we can expect to see ABC back to 50%. We have Divergence on Weekly, daily and 4 hour. Convergence has validated the bullish and as long as we stay above the invalidation zone then we should be bullish for the mid term.

FreeForexSignals4u

We have had 3 impulse waves down with Divergence and hidden divergence. We are sitting above a volume zone and in a magnet zone from the fib extensions. As long as the current support level holds I would expect a push back up to 50% of the 3 wave move down.

FreeForexSignals4u

Following the cycles of the daily chart (linked) we are now looking for reasons to buy this asset. The two false breaks at a key support level shows buyers battling to take control. We have already had Divergence and convergence with a pull back and are currently on the 4th leg of a 5 wave impulse move. As long as the support holds I am bullish back to the 50%...

FreeForexSignals4u

After a huge move down we had a pullback which was correct to 38%, however there was no divergence before we had the recent 3 wave down move. This 3 waves down however does show divergence on the histogram which indicates a possible correction. I would now expect to see 2 waves correction to 50%

FreeForexSignals4u

As per linked Daily chart, we can see an ABC correction coming to an end with divergence. The 4 hour chart is also demonstrating multiple false breaks and divergences around the strong support zone. The above hourly chart shows a clear false break and buyer pushing back with divergence and convergence principle. Risk reward is good so I am not waiting for any pull...

FreeForexSignals4u

The ABC corrective pattern is showing bullish divergence at a critical support zone back from April 2020

FreeForexSignals4u

See the linked chart for the longer term cycles and the reason for my bearish view. On the hourly we have divergence on both the histogram and the MA's followed by convergence. There is a current 4 hour support level which I expect to cause a small pull back which we can use to enter with a better risk reward.

FreeForexSignals4u

Taking into a ccount the bigger moves here, the current ABC could just be the inner waves of a larger ABC if this is the case then we can expect the C wave to be completed. The hidden divergence on the daily is the first clue to sellers taking control.

FreeForexSignals4u

Look at the attached chart for the weekly cycles. We are in a huge volume zone with 3 false breaks at the resistance level showing buyers are losing control. Bearish divergence on the histogram and building on the MA's shows we are due a down leg to at least the centre of the double top. In the long term I would be looking for a 38% retracement of the weekly move...

FreeForexSignals4u

As you can see from the chart we have an ABC, 2 waves up with bearish divergence on the histogram. I would expect this to pull back to the 38% retracement of this move.

FreeForexSignals4u

There is a linked chart showing the daily cycles. The break of the trendline last week showed buyers trying to take back control. Divergence on the 4 hour both on the histogram and Ma's confirms the move to the upside. I would like to see the high broken then enter on a pull back. see the daily chart for overall target.

FreeForexSignals4u

2 impulse waves up with stong dynamic trendline leading the Higher Highs and Higher Lows. Targeting the 100% extension of the move which is also previous resistance

FreeForexSignals4u

Daily- strong two waves up that have not yet completed a 38% retracement. Bullish in the long term after a retest of 38% or 50% FIB 4H- Strong dynamic resistance and building hidden divergence IH- gaining momentum on the waves to the downside

FreeForexSignals4u

3 impulse waves up followed by an ABC correction and a slow down on the histogram. Concerns are the ending divergence which could mean further downside

FreeForexSignals4u

Looking at multi time frame analysis to see if we now get a 100% extension back to the top of the ABC pattern. see linked idea

FreeForexSignals4u

Weekly - 38% pull back achieved after ABC leg up and hidden divergence could be looking at an overall target of 100% extension to 8000 Daily - Divergence, convergence with a pull back that created a higher low, potential hidden divergence on the pullback 4H - Slow down on the histogram engulfing pattern 1H - Divergence on both the histogram and the MA's ABC...

FreeForexSignals4u

My idea on this chart is that we are in a bigger cycle which is currently at the the end of an ABC correction. We have had the end of a larger cycle down with divergence and convergence. The recent ABC is either a B wave in a bigger correction or the B wave of an impulse wave up. Either way I would expect to see a push up from this point. See the 4 hour time frame...

FreeForexSignals4u

As you can see from the chart we have had a ABC corrective cycle with 2 waves down of around equal length. This last wave shows divergence on the histogram indicating a reduction in seller volume. There is also an engulfing candle which shows buyers coming in after the false break below recent resistance levels. I would look for a bullish move to atleast 38%...