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Falseconvergence

EURCHF Buy IdeaH4 - After the false convergence, price has now made a false break and it is trading back inside the H4 chart range again. H1 - We have a classical reversal setup formed. As long as the last low around 1.1260 is holding, we may look for buys towards the top of the H4 range with bullish evidences.
Short
by VladimirRibakov
11
NZDUSD Buy IdeaW1 - Price is close to the bottom of the weekly range. D1 - Divergence is broken, price is now forming false convergence. H4 - We have bullish divergence. Once the price reaches the zone shown in the screenshot, we can start looking for buys after we get confirmation of bullish reversal. Note: If this zone is broken (false breaks are welcome), this setup will be invalidated.
Short
by VladimirRibakov
22

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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