GBPCHF - Bearish Divergent Bar setup

Early in European session GBPCHF on 4 hours chart has formed a Bearish Divergent Bar.

If there are still opened long positions - should be closed. Last bar has closed below the pink line which is enough reason to exit.

Those entered market on the short side are already on a safe territory. Bearish Divergent bar has shown significant angle and acceleration is slowing. Current session turned momentum also down.

So be prepared to take the next signal.

AUDNZD Daily - Bullish Divergent Bar setup

As seen on the chart there is a Bullish Divergent Bar forming today.
The steep down move last two days failed to break down the 1.09 level forming Double Bottom
At this point forces seem to be balanced and momentum and acceleration are gravitating around the zero.

Let's see what will be today.

GBPAUD Bullish Divergent Bar Setup

GBPAUD 4 hour chart is forming a Bullish Divergent Bar Setup. The acute down move formed strong divergence with the Alligator's mouth preparing next setup.

During the last two sessions, price failed to break down the previous Bearish Fractal forming this way a Double Bottoms.

This Bullish Divergent Bar is supported also on Daily chart where is visible again Double Bottoms and strong divergence between Momentum and price.

EURNZD Bullish Divergent Bar Setup

During Asian session EURNZD has formed a Bullish Divergent Bar Setup visible on the chart.

Acceleration is slowing during last 4 sessions which results in momentum change.

Long though the down move failed to break support around 1.73 level forming a Bearish fractal.
All these formed a Double Bottoms formation. Price is significantly down to Alligator's red line.

The chart shows us a valid Bullish Divergent Bar.

Take in mind that Divergent Bar is a signal for change in direction but there always might come some news confirming main move (down in the case).

So keep your eyes open and be ready to act.

CADJPY - Stop Loss hit

Story that has began here ended now.

Bullish Divergent Bar trade developing last few sessions ended with a nice profit.
Up move offered at least three entry points (marked in green). During Last session price entered into Red Zone and Stop loss was hit.

Exit is supported by the bearish Divergent Bar formation.

So look carefully and be prepared to act according to market move...

CHFJPY - Bearish Divergent Bar setup

Bullish Divergent Bar from yesterday seems to be at the end.

Signals about that are acceleration, going up and down, the new Bearish Divergent Bar formed previous session.

If last Divergent Bar turns out into a down move, it is possible to get a Head & Shoulders formation.

Tighten stops and place stop orders accordingly waiting market to decide which direction will go.

EURCAD Bearish Divergent Bar Setup.

Similar to CADJPY EURCAD formed a Bearish Divergent Bar setup, supported by acute angle and slowing in Acceleration.

Orders are set.

Waiting...

CADJPY Bullish Divergent Bar

After some hesitation around 114.40 level it seems that Bulls successfully turned up the momentum.

The trial to break down the Bullish Divergent Bar failed, forming a Bearish Fractal.

Buy stop order has been fired after the acceleration turned up and issued a 3 consecutive green bars buy signal.


Forthcoming is to see what will be on the Asian session.

USDJPY - a nice trade

USDJPY - a nice trade

There are two Bearish Divergent bars visible on the chart. They did not seemed credible enough for me so I missed orders and place them below the Bearish Fractals bunch somewhat lower.

Currently price is testing the last Bearish Fractal - in case of down break a very nice profit will get ;-)

Let's see...

CADCHF Bearish Divergent Bar

Here is the chart.

There are two Bearish Divergent Bars (with Bullish fractals on the same bar).

Forming an acute angle though, I was not much confident that these bars will offer a good trade.

But rules are rules and must be followed!

So I've placed orders above and below these bars and latter were taken soon.
The last Bullish fractal had almost taken the stop loss but fortunately "almost" and I've remained in ;-)

There were some Red Zone entries and now looking whether 1.142 level will be broken down...