ProTradeProfessor

ProTradeProfessor Updated 

AUDUSD has completed AB=CD pattern and it seems like market will take a reversal from here, we need to check if there is divergence. if YES, we can take entry on the 1st LH and LL followed by the break of HL. entry and TP is planned / mentioned accordingly.

ProTradeProfessor Updated 

Hi Guyz, welcome to other episode of analysis for GBPUSD. From our 1H chat, it is seen that as per DOW Theory, the market has broken the HL and it seems like market has entered into the bearish trend However, the catch is there is no divergence followed by the break of HL. It implies that market is taking a corrective move, which is 50 percent of FIB level. Thus,...

ProTradeProfessor Updated 

Bullish Indications: 1- Market Broke the LH and formed 1st HH 2- Market Broke the trend line resistance 3- Bullish Divergence on 4H time Frame Entry Plan: Waiting for the market to retrace to the 38% of Fib Level which Coincides with the Trend Line Support and Support Level

ProTradeProfessor

Hello Guyz, Based on my research, I am projecting price to rise high, making new HH, after that, there would be bearish divergence followed by any reversal pattern like a rising wedge, H&S or a double top (most likely). After that, it will break the HL and we can instant Buy (sell stop pending order) with a projected TP and Stoploss placed slightly above the HH....

ProTradeProfessor

Hello Friends, Market after making series of HH and HLs, have finally made a fantastic Bearish Divergence on 1H time frame which is clear sign of correction. Further market has almost completed AB=CD harmonic pattern, which is suggesting Potential Reversal Point as marked. these confluences suggest a bearish trend to start We are waiting for the neckline (HL)...

ProTradeProfessor

Bitcoin is in bullish trend making series of HH and HL, Market is making perfect AB=CD pattern and therefore we can project our TP at "D" point which could be a potential reversal zone. Entry at Breakout of "B" and SL below HL.

ProTradeProfessor

Bearish Indications: 1- Bearish Divergence 2- Formation of Bearish BAT pattern 3- Rising Wedge Pattern Trade Plan 1- Sell Stop order on LL 2- TPs as defined

ProTradeProfessor

Microsoft - Lets explore the magic of Technical Analysis / Price action. Microsoft is currently testing the daily resistance level and it will be more matured once the bearish candle / rejection candle is formed. We see a bearish divergence at this level which is a strong confluence for the bearish trend a head. forgot to mention, a perfect bookish - Bearish...

ProTradeProfessor

Either the market break the X point of remain under the X : if the market breaks the X point and reaches FIB level of 1.618 then its a CRAB pattern, otherwise if the market remain below the X point with fib levels 0.886 then its a BAT pattern. Nonetheless, both pattern depict reversal and we expect our entry after confirmation from followed by series of LH and...

ProTradeProfessor

Market is forming Bearish BAT pattern, we plan our entry on break on "A" point and then plan our TP till market reaches PRZ. as these pattern are reversal patterns, we plan our next entry on D point after good bearish signal is observed. we will look into divergence or any good bearish candle. as BAT pattern usually form Divergence before Bearish trend. For Buy...

ProTradeProfessor

Market is forming Gartley Pattern - We can enter into the market upon formation of any bearish candle-

ProTradeProfessor

This analysis is done on 4H time frame, as it can be seen that market is making series of HH and HL which is our Bullish Trend. however, market took a deep correction and broke the HL which seems trend reversal. Since there is no divergence before correction therefore it is more weighted toward continuation pattern. Having said that, Market took a deep correction...

ProTradeProfessor Updated 

Cup and Handle Pattern Trend Continuation . entry can be taken on the break of neckline with projected TPs and Stoploss as mentioned.

ProTradeProfessor

NO divergence on RSI - Market in is Bullish Trend forming Continuation Pattern- when market break the above support level - then we can take entry with SL and TP projected.

ProTradeProfessor

Market is marking series of LH and LL and then consolidate, forming a rectangle pattern. Projected TP1 and TP2 are given below with the entry point marked with SL above the rectangle pattern.

ProTradeProfessor

Market is making a Bullish Flag Pattern and it seems when breaksout with a Buy Stop order, it will move to its projected TPs

ProTradeProfessor

GBPUSD- Market is moving in a Bullish Channel since long. Market has formed Bullish continuation pattern and that's how we can predict a projection of TPs which is also well within a channel. Market has also retraced and bounced back from the FIB LEVEL of 0.382 which is also a good support level followed by the 3 white soldiers pattern. ENTRY POINT & STOPLOSS...

ProTradeProfessor

Hi, Tesla is making series of HH and HL. Bullish trend line can also be seen. however, it is in consolidation phase since long. currently the market is trading near the strong resistance level of 409. if the market break this support level and even breaks the previous HH which is 482 then we can expect market to take a bull ride. Trade entry plan is to set BUY...