Looking forward to sell rallies in NZDUSD
The pair broke major support and still has a gap to close around 0.8120 level. On the H4 chart. NZDUSD also broke a wedge so we will be looking to sell rallies if the pair retraces to around 0.8210/20.
TP1: 0.8120
TP2: 0.8060
SL: 0.8280/90
Looking for a sell opportunity in the EURUSD
The pair finally broke the H4 trend line and in my opinion will continue lower. I think the Euro will retrace to around 1.37 level and when it forms bearish
divergence we will enter sell trade.
TP1: 1.3560
TP2: 1.3450/30
SL: close the trade if price closes above the H4 broken trend line
One of the most interesting opportunities according to Vladimir Ribakov in his markets analysis today is the EURJPY
The pair has formed a triangle on the H1 chart and broke it to the up side. In case it completes a false break, closes back inside the triangle we will be looking for a
break of the 142.50 level (double break of the up trend line + support level) in order to enter a sell trade.
TP1: 140.50
TP2: 139.50
SL: above last high
Today in the live trading room one of the hottest opportunities based on risk:reward was oil.
After the last push down Oil created hidden bullish divergence on the daily chart.
It managed to close the gap, it has more then 20 candles ride on the H4 chart along with bullish divergence and RSI extreme. Our trigger for a buy will be a small rally followed by correction to retest the lows (see screenshot)
Alternatively we can wait for a double break of the resistance around 93.30 and the down trend line on the H1 chart.
TP1: 96
TP2: 98
SL: below last low
The pair has reached critical support levels so I think we should be
looking for buy opportunities. There is a long term down trend line on daily chart
that has to be broken along with the resistance level in order to jump into a
buy trade. Keep in mind today is NFP and we will trade only after the event.
TP1: 1.1000
TP2: 1.1100
SL: below broken TL & resistance
In its weekly analysis Vladimir Ribakov discuses AUDUSD.
The pair has reached the opposite Bollinger band on daily chart and RSI is trying to break the 50 level.
We will consider the pair bullish as long as the H4 up trend line is being held. We can enter a buy trade
once the pair breaks, retest and holds above the resistance level.
Alternatively we can look to buy dips as long as the up trend line holds.
TP1: 0.9180
TP2: 0.9280
SL: Below the up move trend line
Vladimir Ribakov discusses the intraday sell setup forming on USDCAD today.
Pair has 20 candles ride on the H4 chart along with bearish hidden on H1. We expect it to retest the opposite bollinger band on the H4.
The entry will be triggered on the M15 chart once the pair pushes a bit higher to the 1.0910/20 levels and forms bearish divergence.
TP1: 1.0870
TP2: opposite band of the Bollingers on H4
SL: above last high created
In his daily analysis Vladimir Ribakov points at NZDUSD pair as one of the hottest opportunities for the day.
Pair created bullish convergence on D1 chart so we are going to look to buy valleys. There is an up trend line on the H4 chart and strong support level at 0.8220/20 that has to hold in order for this scenario to be valid. Once the pair forms bullish hidden divergence on the H4 chart we can enter a buy trade.
TP1: 0.84
TP2: 0.85
SL: below 0.82
Vladimir Ribakov shared his trading setup on the USDJPY pair today in his analysis.
After the down move yesterday the pair is consolidating. On the M15 chart we will be looking to sell the break of the triangle that has formed.
TP1: 103.90
TP2: 103.60
SL: 104.60
Vladimir Ribakov points out a great sell opportunity on the AUDUSD in his weekly analysis.
After the weak employment data last week the pair trader lower and broke stiff support zone around 0.89 on D1 We can sell rallies on the H4 chart with bearish divergence to form or alternatively if the pair consolidates to form a pattern such as wedge or triangle we can look to sell the break and close below of the pattern.
TP1 :0.8650
TP2: 0.8550
SL: 0.8940/60
Vladimir’s analysis for today are about the GBPCAD pair. According to weekly chart the pair is in front of major resistance and indicators show an extreme. This is why we are looking to sell it. On the H4 there is a wedge. One way to trade it is if it makes a false break to the upside (break above the wedge, and then closes
inside within a few candles). Once it closes back inside the wedge we will sell the pair.
Alternatively if prices break below the wedge and close below it we will enter sell trade.
TP1: 1.7720
TP2: 1.7620
SL: above 1.8200
Vladimir Ribakov’s technical analysis for the day suggest a buy opportunity in USDJPY
The pair has been trading in about 100 pips range lately. We will be looking to buy the break and close above the down trend line.
Alternatively if it moves lower we can look to buy dips If bullish divergence forms around 103.60 and 103.40 levels.
Scenario 1:
TP1 : 105.40
TP2: 105.80
SL: below the broken trend line
Scenario 2
TP1: 104.40
TP2: 105.20
SL: below 103.10
Today’s analysis of Vladimir Ribakov suggest a great sell opportunity. The pair is trading in between a channel as seen on the H4. We are waiting for a break of the intermediate up trend line better seen on H1.
To avoid false breaks we want a H4 bar to close below the small up trend line and then we will have a valid entry.
TP1: 140
TP2: 139.50
SL: above channel resistance (142.30/40 or above)
Here is a trading setup forming based on Vladimir Ribakov’s weekly analysis.
Last week on Friday the pair reached the 1.3700 resistance and created bullish convergence on the H4 chart. Technical analysis suggest continiation so we should be looking to buy dips. If it retraces close to the 1.3640 support zone and the H1 up trend line and forms a bullish candle
we will be buying the pair. NB: 1.3620/10 must hold in order for this scenario to be valid.
TP1: 1.3780
TP2: 1.3890
SL: Below the H1 trend line and support zone
Vladimir Ribakov explains the short term buy opportunity in EURAUD in his daily analysis.
The pair created a hidden bullish divergence on the H4 chart. On the H1 chart there is a flag/channel. If the price breaks above the pattern and closes above it
we will be looking to buy.
TP1: Last high
TP2: 1.59
SL: below last low created
Vladimir explains this sell setup in his analysis today.
Cable is trading around weekly and monthly highs. There is a stiff resistance around 1.6610/20 level. The pair
has formed a triangle on the H1. Once broken to the down side (and close below) we will be looking to sell.
Alternatively prices may false break to the upside.
TP1: D1 20MA
TP2: 1.6370
SL: above last high
In today’s market analysis Vladimir Ribakov pointed EURUSD as an interesting opportunity.
Pair has been trading in a channel during the past week (see H1) and we are looking to sell the break of the critical support area around 1.3630.
If the pair manages to break and close below it we will be looking to sell.
TP1: up trend line on H1
TP2: 1.3540
SL: above down trend line
In his market analysis Vladimir Ribakov explains the sell opportunity forming in NZDUSD. The pair broke the important 0.8200 support level and declined further. We will be looking to sell rallies if prices manage
to retest 0.8200 (see H4 chart screenshot) or alternatively if the pair breaks below the daily support around 0.8120 zone, closes below it and retests
the same level we will enter a sell trade (see D1 chart screenshot).
TP1: 0.80
TP2: 0.79
SL: above the broken support
In his weekly analysis Vladimir Ribakov explains a potential buy opportunity in AUDNZD.
The pair has finally broke the down trend line as seen on D1 chart. Furthermore, we expect the pair to continue its rally so
every retrace on the H4 chart along with bullish divergence will be a buy opportunity.
TP1: 1.1000
TP2: 1.1300
SL: below last low created
Vladimir Ribakov discusses the wedge formation in EURAUD and the potential buy opportunity.
The pair has formed a wedge as seen on the H4 chart. We will be looking to buy If the pair manages to break and hold above the wedge and key resistance at 1.2215/20 level.
TP1: 1.2280
TP2: Next down trend line (see screenshot)
SL: Below last low created
