1- Bullish Divergence. 2- Breakout of the falling Trendline. 3- Strong Bullish Candles. 4- Until the support zone holds my view remains Bullish. Target 1 @ 1.4772 Target 2 @ 1.4874 Stoploss @ 1.4521
H4 1- Price Action has rebound from the Top of the Channel. 2- Bearish Divergence 3- Trendline Breakout. 4- Convergence This suggests a typical case of Consolidation / Pullback and further continuation to the down side. H1 1- Hidden Bearish Divergence. Pullback seems to have happened and the price has started to move down. Target @ 91.833 Stoploss @ 94.61
1- Bearish trending structure. 2- Hidden Divergence suggesting a move down. Target 1 @ 1.0143 Target 2 @ 1.01149 Stoploss @ 1.02224
1- Double Top with Bearish Divergence. 2- Most Recent TL Breakout. 3- Bearish trending structure. 4- Convergence; and pullback happened. 5- Hidden Divergence, indicating one more push down. Target @ 1.228 just shy of 61.8% F.E Protection @ 1.02708
That's the 3rd update on the Short Term Bearish Idea _ GBPJPY M15 originally shared on 04-08-2022 with 1st update in 08-08-2022 and 2nd update on 10-8-2022. Current Scenario: There is divergence against i.e Bearish Divergence in MACD Histo. Bullish Engulfing Candle Trade Management Close rest of the 25% lot size……. Closed on 11-08-2022 ( 49 Pips). Total...
That's the 2nd update on the Short Term Bearish Idea _ GBPJPY M15 originally shared on 04-08-2022 with 1st update in 08-08-2022. Partial Target @ R1 ….. Achieved on 10-08-2022 ( 105 Pips ) TRADE MANAGEMENT Close 75% lot size. Move Stoploss the Entry. And let the market unfold.
1- Price action has bounced from a support zone which it has retested multiple times. 2- Bullish Divergence. 3- Price action then flipped and created a new HH, thus forming Convergence. 4- This presents a typical case of Divergence followed by Convergence, which suggests consolidation / pullback followed by a move to the UPSIDE. 5- Currently it looks like a...
1- Break above Consolidation Zone. 2- No Divergence against. Target @ 1791.4 Protection at Bottom of Consolidation @ 1770
That's a follow-up on the Short Term Bullish Idea _ Gold M15 originally shared on 08-08-2022. Target @ 1791.4 ..... Achieved on 09-08-2022
Raw analysis of how; Regular Divergence, Hidden Divergence and, Convergence, plays on H1 Gold. Entries based on Candlestick pattern and Valid TL BOs. Targets based on nearest support and resistances. Protection based on protecting the most recent support and resistance
That's an update on the Short Term Bearish Idea _ GBPJPY M15 originally shared on 04-08-2022 Enter with the Evening Star formation. Target R1 @ 162.225
That’s a follow-up of Short Term Bullish Idea _ EURCHF M15 originally shared on 04-08-2022. Target 1 ….. Achieved on 06-08-2022 ( 30 Pips ) Trade Management: 1- Close half lot size. 2- Move SL to Entry @ 0.9770
1- Bearish Divergence followed by Convergence. 2- Expectation is Consolidation or Pullback followed by further continuation to the Down Side. 3- In case of Consolidation Enter @ the breal below the support zone. 3-In case of pullback check price action @ R1, R2 & R3 before entering. Target @ 159.375 Protection @ 165.000
1- Bullish Divergence on D1, H4, H1. 2- Bullish Divergence followed by Convergence on M15. 3- This suggests Consolidation / Pullback followed by a move UP. 4- Check Price Action near S1, S2 or S3 OR Retest of the falling TLs that forms confluence with S2 before Entering the BUY trade. Target 1 @ 0.980 Target 2 @ 0.9855 Protection @ 0.971
That's a follow-up of the Short Term Bearish Idea _ CADJPY M15 shared earlier today. 1- No Valid BO of the TL. 2- The price action has created a New HH, thus Invalidating Convergence. 3- Hence the idea is Invalidated. NO VALID ENTRY NO TRADE. There is Hidden Bearish Divergence on H1 and H4. So we will continue to look for Sell Setups.
1- Bearish Hidden Divergence on H4 and H1. 2- Bearish Divergence followed by Convergence. 3- That's a typical scenario in which we can expect consolidation / pullback followed by further continuation to the DOWN side. 4- Currently it looks pullback is happening. Target 1 @ 102.550 Target 2 @ 101.950 Protection @ 104.25 There we can enter Sell...
1- Bearish Trending Structure. 2- Correction to 50% Fibo. Retracement suggesting a pullback. 3- Bearish Divergence between B and D suggesting a move down. 4- Three Black Crows candlestick pattern suggesting a bearish move. Therefore, enter at the valid breakout of the most recent trendline. Target 1 @ 1.010 Target 2 @ 1.000 Protection @ 1.040
That's a follow-up of Short Term Bearish Idea _ DXY H4 originally shared on 20-07-2022. Trade Management There is Bullish Divergence Against Close 90% Lot Size Move Stoploss @ 107.710