D1 - Price reached the critical zone. H4 - False break with bullish divergence. As long as the critical zone holds we may look for possible buys with bullish evidences. H1 - If you want to be more conservative then wait for the price to move higher and break above the last high on the H1 chart, you may then start looking for buys with more bullish...
The situation with the DJI is now crazy! Some say the more times price approaches resistance the greater the chance of a breakout. Some say the opposite. I've seen price fail to breakout after 9 hits on a support/resistance level (with other instruments). The DJI is now anybody's guess.
D1 - Price reached a critical zone, bullish divergence. H4 - Bullish divergence, if the price moves higher and breaks above the last high shown in the chart, we may then start looking for buys with more bullish evidences. This buy setup is valid until the last low holds.
D1 - Price reached a critical zone based on the fibo levels of the cycles, bullish divergence. H4 - Bullish divergence, until the last low holds I may now look for bullish setups with more bullish evidences in order to look for short term buys towards the 38.2 to 50% fibo retrace zones. Once the price reaches these zones, I may then look for bearish setups with...
D1 - Price reached a critical zone, potential bearish divergence forming. Until this critical zone holds and the possible divergence is not invalidated, we can look for sell setups. H4 - Bearish divergence completed already along with nice bearish Engulfing pattern. That’s the first aggressive trigger. If you want to be more conservative then wait for the...
D1 - Price reached the bottom of the range, potential bullish divergence. H4 - Price has reached a critical zone, bullish divergence. Until the critical zone holds we may expect bullish moves. If the price moves higher and breaks above the downtrend line then it would be the first sign of bullish reversal. More conservative options require a break above a...
D1 - Bearish hidden divergence. H4 - We have two critical zones that has formed and the price has currently reached the first critical zone, bearish divergence. H1 - Bearish divergence, until the first critical zone holds, we may look for more evidences of bearish pressure in order to join the bears. Alternatively if the price moves higher then the next area...
D1 - Price is nearing the bottom of the bearish channel. H4 - We may now expect one more push lower from the current zone towards this critical zone with bullish divergence to form. We may then start looking for more bullish evidences in order to join the bulls.
D1 - Price is moving inside a triangle pattern and is currently nearing the top of it. H4 - Potential double wave up, we have a critical zone that has formed based on the fibo level of the cycle and the top of the triangle pattern. We may now expect one more push higher from the current zone towards this critical zone with bearish divergence to form. We may...
D1 - Price is nearing the bottom of the range. If we didn’t get a valid breakout below the bottom of the range, we may then expect the price to respect it and move higher again. H4 - We have a critical zone that has formed based on the fibo levels of the cycles. We may now expect one more push lower from the current zone towards this critical zone, we may...
D1 - Price reached the critical zone formed by the fibo level and the resistance area and is currently moving lower. H4 - Price reached a critical zone formed by the fibo level of the cycle and is currently moving lower, we have bearish convergence and currently it looks like a pullback is happening. If the price moves lower and breaks below the 1.61186 level,...
D1 - Bearish convergence, currently it looks like a pullback is happening. H4 - Price has reached the critical area formed by the downtrend line and the resistance zone. Potential bearish divergence. H1 - Triple cycle up, price has reached the critical zone formed by the fibo levels of the cycles. Bearish divergence. We may now look for more evidences of...
H4 - Special or triple cycle completed, currently it looks like a retrace is happening, bearish hidden divergence. H1 - Double wave up, price has reached the first critical zone, bearish divergence. Until this critical zone holds, we may look for more evidences of bearish pressure in order to start looking for sells. If the price moves higher then the next area...
H4 - Price is at the middle of the triangle pattern. We may now expect the price to move lower towards the bottom of this pattern. Once the price reaches the critical zone shown in the chart, we may then look for evidences of bullish pressure in order to join the bulls.
W1 - Price is nearing the top of the triangle pattern. D1 - Double wave up, price still has room higher towards the critical zone formed by the 61.8 fibo level and the top of the weekly triangle. H4 - Double wave down, price has reached a strong support zone, potential bullish divergence. H1 - We have a critical zone that has formed based on the fibo levels of...
D1 - Price has reached the top of the triangle. H4 - Price has reached the top of the range, bearish divergence. H1 - We have a critical zone that has formed based on the top of the range, triangle pattern and the fibo level of the cycle. Price has reached this critical zone, we have bearish divergence. We may now look for sells with more bearish...
D1 - Price is nearing the bottom of the channel, bullish divergence. H4 - We have two critical zones that has formed based on the fibo levels of the cycles and the bottom of the daily channel, bullish divergence. H1 - Price has reached the first critical zone, potential bullish divergence. We may now look for more bullish evidences in order to join the...
H4 - Price reached the critical zone which coincides with the bottom of the channel. Bullish hidden divergence. H1 - Bullish divergence. We may now look for more evidences of bullish pressure in order to join the bulls.