Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** It was trading on a falling wedge pattern, and this pattern has been broken. Of course, it may head towards a very strong resistance, which is the profit-taking area *** Here is the full analysis for this pair, let me know in the comment section below if you have any...
Vdubus Divergence Wave theory Over all bearish Hidden divergence would indicate a trend continuation
Divergence Predator formation
Vdubus divergence Wave Theory Macd Divergence is funnelling favouring usd bullish bias
MacD divergence currency strength is funnelling back towards USD strength
Latest signal push out in the Telegram channel MacD showing bearish strength with no opposing forces from the bulls Anticipating a trend break short/ Targeting fib support levels 1.618 and potentially further 2.618
Looking for a bounce off support targeting previous highs Vdubus divergence wave theory Divergence ' Predator' formation
Latest entry pushed out in the vdubus Telegram channel Looking for a bounce off support targeting previous highs
Looking to short at Resistance
Latest on pushed out in the channel : Looking for a bounce off the fib 2.618 resistance
Final leg short of a H&S formation targeting fib level support / Looking for a 50% retracment following macD bullish strength
Divergence waves 1,2,3 complete. Looking for a slight pull back then a push lower Targeting fib support
MacD divergence trend break topside backed by Bullish Hidden divergence Targeting fib level 1.618 / 2.618
Targeting fib level 1.618
Latest analysis pushed out in my channel showing a favourable divergence wave theory near completion Entry on the break of support A valid wave 3 must be below divergence wave 2 as in 'No Divergence'