Today’s trading opportunity from Vladimir Ribakov’s trading room is for the euro which broke the H4 up trend line we were following last week and managed to retest it during the Asian session. There is also bearish hidden divergence on the H4 chart which adds up to our bearish view. Going down to the H1 chart we will be looking to sell rallies once the pair consolidates from the current down move.
NB : keep in mind this scenario is only valid as long as the price is trading below the broken trend line
TP1: 1.3400
TP2: 1.3300
SL: H4 close above the broken TL
The daily analysis coming from Vladimir Ribakov’s room are about euro/pound
We expect the pair to reach 0.82/0.8220 level based on weekly chart analysis that’s why we are looking for short term sell setups. H4 already has bearish hidden divergence so we are looking for the pair to make a stop at any of the resistances and create bearish divergence on the H1 chart.
Another way to trade it will be with the break of the up trend line and most recent support (0.8360 at the moment) on the H1 chart
TP1: 0.83
TP2: 0.8250/20
SL: above the resistance in scenario 1
above the broken TL in scenario 2
Quizzical Can I speak to you before I buy vlads mentoring.
One of the hottest topics in Vlad’s live room today was about the EURUSD. He thinks it is reaching a top around the current levels.
Daily chart is building hidden bearish divergence and H4 has bearish divegence as well.
We are following the up trend line on the H1 chart. Once broken along with the most recent support ( 1.3560 at the moment) we will short the euro.
Remember we are looking for break and close. In case the pair pushes higher our we will be looking for the next support level to be broken.
TP1: 1.35
TP2: 1.3440
SL: above the TL and support level.
happy trading
The daily analysis of Vladmir lead us to aussi/kiwi.
AUDNZD has been trading below the down trend line that we are following on the H4 chart.
Double break and close above the trend line and the resistance at 1.1210/20 will be our trigger
for a buy trade.
TP1: 1.1350
TP2: 1.1555
SL: below the broken TL and resistance
Monday is around the corner and as usual Vladimir is giving us a heads up with the hottest opportunities for the following week. Most interesting one as for now seems to be the cable. As the pair broke a key resistance level at around 1.6260/50 we believe we should be looking to buy valleys as long the pair is trading above the broken level which now acts as support.
We want the pair to drop to around 1.6280/50, respecting the up trend line on the H4 chart, form a bullish candle pattern along with hidden bullish divergence. If all conditions are met we will
enter long.
TP1: 1.6360
TP2: 1.6420
SL: below 1.6220/30
Vladimir believes that USDJPY is in front of short term top as discussed on the daily forecast today. The pair is facing strong resistance at 103.40/80 area along with RSI close to extreme on D1 chart. If it manages to push higher to the levels mentioned above we will be looking to sell with a bearish candle pattern
as there is already H4 continuing divergence.
TP1: up trend line (see screenshot)
TP2: 100.8
SL: 104.20
Main focus in Vladimir’s market forecast today is the euro/yen .We are following the up trend line on the H4 chart along with the most relevant support. Double break with close below will be our sell trigger.
Weekly chart is also under bearish pressure and important psychological level is coming ahead namely - 140.
TP1: 138.20
TP2: next up trend line on H4 (see screenshot)
SL: above the broken TL and Support
Looking forward to buy valleys in OIL
Today’s opportunity from Vladimir’s analysis is about oil
We are looking for bullish hidden divergence to be created on the H4 chart + H1 continuing
in order to jump into a buy trade
TP1: Daily 200 MA
TP2: 101
SL: below 93.80
One of the most interesting daily opportunities discussed by Vladimir is the GBPUSD. Historically during December cable is trading within a range of 350-450 pips meaning that In my opinion we could see the price ranging between 1.6160 and 1.6550/16600 levels.
There is a wedge forming on the H4 chart. Our plan is to go long once the pair breaks and closes above the wedge.
TP1: 1.6520
TP2: 1.6680
SL: below 1.6300
In his weekly forecast Vladimir is discussing the short-mid term sell setup that is forming on GBPAUD.
The pair is approaching important resistances (1.8100/1.8300) and in my opinion there will be sell opportunities in the short-mid term.
There are two ways to trade it on the H4 chart. Sell rallies if it pushes higher. In this scenario we will be looking for bearish divergence to form around a resistance level or sell the double break of the support and the trend line.
TP1: 1.7750
TP2: opposite Bollinger band on D1/ next H4 up trend line (see screenshot)
SL: above the resistance in first case
above the broken support and trend line in second case
Looking forward to sell a break in EURUSD
In today’s live room Vladimir discussed the Euro which is over valued according to his analysis.The pair formed hidden bearish divergence on the Daily chart and the H4 chart is at extreme. We will be looking to sell the break and hold below the H1 up trend line along with the most recent support (currently at 1.3740 level)
TP1: H4 20 MA
TP2: D1 20 MA
SL: above the broken up trend line and support
Potential sell opportunity for EURCAD
In today’s daily forecast Vladimir discussed the EURCAD as potential sell trade.We are looking to sell the double break and close below of the up trend line and the support (1.4560/70) on the H4 chart in order to short the pair.
TP1: 1.4450
TP2: D1 20 MA
SL: above the broken trend line and support
Eyeing AUDNZD for a buy opportunity
We are looking forward to buy the double break of the H4 down trend line along with the most recent
support (currently around 1.1050)
Alternatively if the pair pushes lower we can enter buy trade in case a bullish candle pattern forms on the daily chart.
TP1: 1.1200
TP2: 200 MA on H4
SL: below the broken TL and the resistance in first case
below closest support in the second case
Vladimir’s longer term view on OIL stays bullish but in the short term there might be some good sell setups forming.
We are looking for break and close below the support level 97.00 in order to enter a sell trader. The H4 chart
bearish divergence adds up to our short term bearish view.
TP1: 96
TP2: 95.45
SL: above last high
In his weekly review Vladimir Ribakov focused on the gbpusd pair. Cable is under short term bearish pressure but in the longer term we should be looking for buy setups.
One way to trade is if the pair drops lower to the two trend lines on daily chart (see screenshot) and forms bullish hidden divergence.
Alternatively we might look for the double break of the H4 down trend line along with the most recent resistance (currently around
1.6320/1.6350). Break, close above and hold will be our trigger for a buy.
TP1: 1.6440
TP2: 1.6540
SL: below daily up trend line in first scenario
below the broken resistance
One of the pairs discussed by Vladimir Ribakov in his daily analysis is the Yen.
Technical analysis suggest that the pair is in front of short term consolidation. There is an up trend line on the H4 chart and stiff support
around 102.80. We will be looking to sell the double break of the trend line + support level. Break, close and hold below it will be our trigger for a sell.
TP1: 101.90/85 (channel duplicaition zone)
TP2: Daily opposite bollinger band
SL: above the broken TL and support
As Fed interest rate decision is scheduled for tomorrow we will focus on currency cross to lower the risk.EURCHF is the perfect candidate for this purpose. It is trading around major support levels. Furthermore the H4 chart has a down trend line and stiff resistance around 1.2215/20. Double break and close above the
trend line and the resistance area will be our trigger for a buy.
TP1: 1.2240
TP2: 1.2280/90
SL: Below 1.2200
The pair has created a new yearly low. I think retrace about to come so we should look for short term buy opportunities. Double break of the H4 down trend line along with most recent resistance (currently 1.1110) will be our buy trigger.
Keep in mind that we will not buy dips if the pair moves lower. We will continue following the trend line with the next resistance
TP1: 1.1210
TP2: 1.1280
SL: below the broken TL and resistance