HammadFXPro

HammadFXPro

Bearish Divergence on RSI. Waiting for Breakout Entry After Breakout Happens

HammadFXPro

AUDCAD is forming Bullish Rectangular Pattern which is a continuation pattern. Therefore, we will look for a potential Buy setup.

HammadFXPro

AUDJPY has broken a trendline support and HL. Moreover, there is a formation of Bearish Divergence as per RSI. Entry point is at 0.50 Fib Retracement Level.

HammadFXPro

GBPCAD respected horizontal Resistance on 4hrs timeframe and Trendline Resistance on weekly timeframe. Moreover, fundamental analysis shows that overall Endogenous and Exogenous factors of GBP are weak and CAD is fundamentally strong. Seasonality graph in the month of May is Bearish. Lastly, COT flip data is decreasing which means that overall institutional...

HammadFXPro

CADJPY created a rising wedge which is a reversal pattern. Moreover, there was a Bearish Divergence on RSI indicator at Resistance level indicating a solid confirmation of trend reversal and the break of HL is a further confluence of sell setup.

HammadFXPro

EURJPY got rejected from the Resistance area and broke the trendline Support along with previous HL. Moreover, the BEARISH DIVERGENCE on RSI strongly indicates the trend reversal.

HammadFXPro

Previously, AUDCHF was trending Bullish in an ascending Channel which respected the trendline resistance then broke the PREVIOUS HL afterwards which shows the commencement of Bearish trend. We took the trade @ 0.50 Fib retracement level.

HammadFXPro

GBPNZD broke the previous LH which shows the commencement of the Bullish trend. Moreover, there is a DOUBLE BOTTOM along with Bullish Divergence which strongly support the Bullish Setup.

HammadFXPro

A trendline support was broken by EURAUD following consolidation. A support area must be broken with the selling push. A significant decline is anticipated following the breach of a support zone.

HammadFXPro

Price has broken out of a long consolidation zone impulsively. Trade taken at 0.382 Fib retracement. Anticipation of Downward movement after correction.

HammadFXPro

USDJPY created Bearish Divergence on Resistance. Broke previous HL. Anticipation of printing LHs & LLs

HammadFXPro

USDJPY is printing a series of LHs and LLs. Sell limit at 0.382 Fib retracement.

HammadFXPro

CHFJPY Short position Risk: 0.25% Entry price: 169.675 SL: 171.895

HammadFXPro

GBPJPY on major resistance. Bearish Divergence Created LLs after the Consolidation phase.

HammadFXPro

GBPNZD printed Head n Shoulder pattern along with bearish Divergence on RSI. Moreover, it broke the most recent HL which further gives confirmation of downtrend movement.

HammadFXPro

Printed Bearish Divergence on 4hr timeframe. Broke HL.

HammadFXPro

Consolidating between Support and Resistance. Respected a major Support. Broke resistance. Entry Point at the breakout above resistance.

HammadFXPro

CADCHF respected a major Support. Created Double Bottom with Bullish Divergence. Anticipation of Bullish Trend.