


HammadFXPro
CHFJPY broke the ascending channel and printing LH's and LL's. Bearish Divergence on RSI before breaking the Channel which further proves the indication of downward movement.
Falling Wedge Reversal pattern. Bullish Divergence on RSI. Respecting the trendline. Potential Buy Position.
EURAUD respected the weekly trendline. Broke previous LH on 4hrs timeframe. Entry on the breakout of resistance.
AUDUSD is in a Potential Reversal Zone (PRZ) which means there is a possibility of price going BULLISH. Moreover, there is a DIVERGENCE on RSI indicator which further proves the possibility of BULLISH TREND. So, we have placed an ENTRY POINT just above the previous LH and STOPLOSS below the last LL.
GBPUSD is in a BULLISH TREND creating HH's and HL's. Major areas including Potential Reversal Zone is identified by plotting AB=CD pattern. So, we will open a BUY position.
USDJPY respected the Potential Reversal Zone (PRZ) and break the the previous LH. So, we have opened a SELL position.
EURAUD is in a BULLISH TREND. Major Areas are marked and Potential Reversal Zone is identified by plotting AB=CD pattern.
CADCHF is creating BULLISH HARMONIC REVERSAL PATTERN. Potential Reversal Zone marked after identifying major points. Moreover, there is a BULLISH DIVERGENCE in RSI which further proves the commencement of BULLISH TREND.
AUDCAD is creating a BEARISH FLAG pattern which means that there is an anticipation of continuation of the trend towards downwards. Moreover, there has been no indication of DIVERGENCE on RSI indicator which further proves the authenticity of the downward trend.
GBPUSD is creating a BEARISH FLAG pattern which means there is an anticipation that the price will be in continuation trend towards downwards. Moreover, the RSI indicator show no DIVERGENCE which further proves the trend continuation.
USDCHF is creating BULLISH RECTANGULAR PATTERN which means that the price is going to be in a bullish trend. Moreover, the RSI indicator shows no DIVERGENCE which further proves the continuation of the trend towards upwards.
USDCHF is creating BULLISH RECTANGULAR PATTERN which means that the price is going to be in a bullish trend. Moreover, the RSI indicator shows no DIVERGENCE which further proves the continuation of the trend towards upwards.
AUDJPY is creating CUP AND HANDLE chart pattern which indicates that the price will continue moving upwards. Moreover, there is no DIVERGENCE as per RSI indicator which further proves the continuation of the trend towards upwards.
GBPAUD is creating a BULLISH FLAG continuation Chart pattern which shows that the price will continue moving upwards. Moreover, there is no indication of DIVERGENCE on RSI indicator which further proves the continuation of the trend.
GBPCAD is creating a RISING WEDGE chart pattern which indicates that soon price is going to be in a BEARISH trend. Moreover, the RSI indicator shows a BEARISH DIVERGENCE which further show us the possibility of a BEARISH trend. So, we have placed a SELL STOP pending order with TP1, TP2 and stop loss as shown in the chart.
CADJPY is creating a FALLING WEDGE chart pattern which indicates that soon price is going to be BULLISH. Moreover, the RSI indicator shows BULLISH DIVERGENCE which further indicates the BULLISH structure. So, we opened an instant buy position because the price was at our potential entry price.
CADJPY is creating a FALLING WEDGE chart pattern which indicates that soon price is going to be BULLISH. Moreover, the RSI indicator shows BULLISH DIVERGENCE which further indicates the BULLISH structure. So, we opened an instant buy position because the price was at our potential entry price.
GBPUSD is creating INVERSE HEAD & SHOULDER chart pattern which indicates that soon the price is going to be BULLISH. Moreover, the RSI also showing BULLISH DIVERGENCE which further gives us evidence about the potential Bullish Trend. So, we will open a BUY STOP position just above the NECKLINE and place stop loss at the most recent LH.