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Sell-buy

NZDJPY Doube Scenario 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 last low or may be even new lows to be created. H4 - As long as there is no confirmation for the opposite direction, we can look for short term sells with the breakout of the most recent uptrend line.
Short
by VladimirRibakov
NZDJPY Double ScenarioWeekly range and price created a false break and it has bounced from the top. Our final target is the bottom of the range. Daily - Bullish divergence formed. correction is expected to happen. H4 - Triple cycle has completed itself. We have convergence and also divergence with false break. Once the correction completes itself, look for breakout of the most recent trend line and then look for buys. Once the price reaches this level look for confirmations for bearish reversal and then we can start looking for sells.
Short
by VladimirRibakov
EURCHF Follow Up AnalysisIn the previous post last week, we said that we are after buys that will come immediately after corrections. There were two false breaks on the H1 chart. We already see H4 divergence and I expect a short term bearish correction. There are two possible trading scenarios now: * Short Term Sells * Longer Term Buys Final target for the sell positions will be around the 1.09 level. Of course watch out for bullish divergences. Basically once you start getting Forex Triple B or sRs Trend Rider sell alerts, you can try shorts. Next step would be to switch for buys. Once we start getting buy signals, at the levels where we have confirmations for the end of the correction, we will switch the trading direction and long the pair. Let's first of all focus on the sells now, and when the time comes, I will update you.
Short
by VladimirRibakov
EUR/USD Analysis for Week 19.Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". Ok so this pair in the big picture has been hitting a bit of a slump. But lets take a look at it a little bit closer. Weekly: there seems to be a resistance area around the 1.14100 level that has been hit around 4 times the the last 2 years and actually all around May and June. ____ Daily: Resistance levels around 1.13373 levels. So that can be a target if support is rejected. I am able to find a bit of a bullish trendline here on the daily: ____ 4hr: So the 4hr seems to be bullish. My trendline was touched this morning but not sure if thats because of the upcoming from U.S. Also here in the 4hr chart there seems to be a previous resistance that became support at the 1.12085 level. Resistance level at 1.12448 but was broken last week on the NFP announcement. So now it could become support if trend continues bullish. ____ So here is my analysis: Option 1 - So we can brake the support level at 1.12448 and bounce off the 1.12085. Option 2 - Or we can just simply bounce off the 1.12448 support and start looking at 1.13373 as our target.
by EdwardFabianRamirez