Downloading...
Download

Bearishhiddendivergence

USDCAD Sell IdeaW1 - Price broke below the bottom of the channel. Currently it looks like a pullback is happening. D1 - Bearish hidden divergence. H4 - Potential triple or special cycle forming. Currently the last leg is developing, We also have a critical zone that has formed based on the bottom of the W1 channel and the fibo levels of the cycles. We may now expect one more push higher with the price reaching the critical zone, we may then start looking for sells with more bearish evidences.
Short
by VladimirRibakov
CHFJPY Sell IdeaD1 - Price is moving inside a bearish flag and is holding below the downtrend line, potential bearish hidden divergence. H4- We have two critical zones that has formed based on the fibo levels of the cycles, the top of the daily bearish flag pattern and the daily downtrend line. Price has currently reached the first critical zone, bearish divergence. Until this critical zone holds may expect bearish moves. Alternatively if the price moves higher then the next area to look for bearish setups with bearish evidences would be the second critical zone. Invalidation: If the price moves higher and breaks above the daily downtrend line then this sell idea would be invalidated.
Short
by VladimirRibakov
USDCHF Sell IdeaW1 - Price is moving inside a triangle pattern and is currently nearing the bottom of it. H4 - Bearish hidden divergence. H1 - Potential double wave with second leg developing. We may expect one more push higher towards the critical zones with the price creating bearish divergence. We may then start looking for sells with more bearish evidences towards the bottom of the weekly triangle. Invalidation - If the price breaks and holds above the critical zone (marked in yellow) then this sell setup would be invalidated.
Short
by VladimirRibakov