EURGBP Hidden Levels Sell at 0.71198 Stop at 0.71346 TP1 - 0.70811 TP2 - 0.70572 TP3 - 0.70185 In all my hidden level charts I have extended the hidden resistance / TL lines, they are dynamic, but gives a clearer idea of where TP1 should be hit. TP1 should be profitable place to take profits, wait for retracement and re-enter. TP2 seems like a good place to...
Hidden support appears to be broken Hidden resistance is the line to watch Hidden daily support would make for a good profitable trade aka TP3 Short entry at - 138.238 Stop at - 138.501 TP1 - 137.9581 TP2 - 137.3590 TP3 - 136.7880 TP1 seems to be the safest option for taking profit and waiting for retracement to re-enter
AUDUSD Hidden Levels Buy stop at 0.73815 Stop loss at 0.73714 TP1 - 0.74077 TP2 - 0.74240 TP3 - 0.74502 Take note of 1D hidden support / TL If 1H hidden resistance is broken, I would hold for TP2
USDCAD Hidden Levels Buy @ 1.30613 Stop @ 1.30467 TP1 is a potential reversal zone TP3 is a strong supply / sell zone TP1 - 1.31144 TP2 - 1.31447 TP3 - 1.31937 Should follow hidden support after breaking resistance.
GBPUSD Hidden Levels Buy @ 1.56327 TP 1 - 1.56776 TP2 - 1.57039 TP3 - 1.57479 Stop - 1.56159 Alternately If double top is not broken will be looking for SHORT Sell @ 1.56599 TP1 - 1.56095 TP2 - 1.55393 TP3 - 1.54692
EUR/USD hidden levels Showing support / resitance and potential reversal zones
Using the following to back a short entry on EUR/GBP on the daily chart: - inside bar - resistance at ~0.7120 - mother candle rejects: - 50 ema and closes below - 0.786 Fibonacci level and closes below - Fibonacci cluster - falling trend line for the 4th time closing within the downward trend channel - Stochastic hidden bearish divergence (comparison of...
Home Depot has declined slightly in the bullish trend. It is sitting in a flaglike pattern while Stochastics is coiled as well. Volumes are sinking and thus not giving much info. We have a candlestick reversal-pattern, signaling 116$+ level is potential first target if we break through channel possibly on the coiled Stochastics breaking up. If we start to tumble...
Cup and Handle The cup and handle pattern is very strong on this one. We may have to break the 240 resistance level (as outlined in red) for 2-3 times to get to the 250 level. The resistance may be around 254. Hidden Bearish Divergence Yep, as the the two indicators said. This one can't be neglected as well. We may effect a fall after the rise.
This one is for bulls. I just noticed this divergence after posting the bear chart. Expect the resistance around 238. If 238 is broken, 242 is the next target. Tight stop at 230 as it was the recent strong support level
There was a dump 1 day ago as seen in the bearish divergence on 4H MACD. Now 30M is tracing the hidden bear div and I'm calling for it.
The one-hour time frame we have a Strong Hidden Divergence. if the channel is broken down then we expect reduce to 0.7360
Put the fib at the real breakout level (cause that's where the rally started then) and you get an OTE at 252. that makes good sense in combination with the price action we are seing now ... long wicks down to the ote (typical ote buying) !
Similar to AUD/CAD, AUD/CHF is setting up for a short opportunity with the following in view: - inside bar following high test bar in pull back to 50ema - price rejection at resistance at ~0.8210 - price retraced to 0.618 Fibonacci level which coordinates well within proximity of resistance at ~0.8210 - Stochastic and RSI in overbought territory - Stochastic and...
Confluence of factors for short set up: - resistance at ~0.9590 (also weekly resistance) - inside bar formation in pull back below resistance - 0.786 Fibonacci retracement/rejection - hidden divergence (bearish trend continuation) entry - below low of inside bar stop loss - above mother bar target - previous swing low or 1.272 Fibonacci extension
Why did BABA hold the level it did in the recent pullback? It is the level where earnings were released on the way up - so there were natural buyers who wished to accumulate stock at that level who were waiting to an opportunity to buy at their price. They didn't want to chase after shares after the earnings report, rather, they lay in wait for a chance to buy...
The AUD/JPY daily chart displays consecutive lower highs and lower lows with a potential short setup to continue the visible falling trend (supported also by downward trendline). The current corrective phase seems to be running out of steam in initiation of a potential impulsive phase, with the production of a bearish reversal price bar: - ricocheting off a...
I think certain technical formations may exist even when price action "hides" them. Here I drew out what I thought a bearish wedge, hidden by a rally that was rejected in nearly equal selloff. My thought is that you can somewhat disregard the rally since it was met with an equal sized selloff, creating a neutral zone of high volatility. Then draw what appears to...