ProTradeProfessor

ProTradeProfessor Updated 

HI Guyz, Based on sentiments of traders across the globe , 93 % of the traders are currently looking at selling the AUDCAD. I anticipate this would retrace to the 0.382 Level of FIB and take this opportunity to short sell. Formation of Shooting Star candle stick pattern further confirms the possibility that HH is formed and now it will take corrective move....

ProTradeProfessor

Divergence in play, bearish divergence , As the Series of HH and HL in progress, but we can see bearish divergence on RSI, which indicates short terms disruption in market. once the markets continues trend or breaks HL then we can decide our price action

ProTradeProfessor

Market is in bullish trend with a trend line respect- Entry Point at Fib Golden Level 0.382 and SL below last LH and TP 1 and TP2 (1:1) and (1:2)

ProTradeProfessor

Bearish Indicators: 1- LH and LL 2- Trend line respect 3- Shooting Star Candle stick pattern Remarks: Market is in Bearish Trend, it can be seen market respected Trend line resistance followed by shooting star candle stick pattern, which means, it will keep continuing down trend, TPs and entry price are mentioned with R:R of 1:2

ProTradeProfessor

Bearish Indications: 1- LH and LL 2- Trend line respect 3- Formation of Inverted Hammer candle at trendline resistance SELL SHORT (Instantaneous entry) Entry Point : 1.12459 Stop Loss : 1.13242 TP1: 1.11642 TP2: 1.10896

ProTradeProfessor Updated 

Gold Shows Strong signs of Bullish Trend Continuation. Bullish Confluences Shows 1- Continuation of HH and HLs. 2- Market is testing and respected Strong Support Level of 0.236 of Fib Level The only Bearish Indicator is Divergence of 1H time Frame, which can show temporary correction till trend line support . ENTRY : If market breaks HH then it will test...

ProTradeProfessor

CADCHF Shows Bullish Weights More than Bears !!!! Bullish Confluences: 1- Bullish Divergence 2- Major Support Level Testing and Breaking 3- LH Broken 4- Bearish Wedge Pattern 5- Sentiments of Long are > 90 percent 6- Completion of AB=CD pattern TRADE PLAN : Enter into the market at Current market price and take profit on defined FIB level as TP1 TP2 and...

ProTradeProfessor

Bearish Confluences: 1- HL broken, LL formation 2- Trend Line Broken 3- Support Level 2.04831 Broken 4- Divergence played on 4H time Frame 5- Formation of Bearish Wedge pattern 6- Sentiments of Sell are > 90 % TRADE PLAN : Entry can be made at current Market Price or wait for the Price to retest support level, Keep the STOP loss above HH and Take Profit (TP)...

ProTradeProfessor

EURNZD has remained in strong bullish trend however, Bearish Divergence can be seen on 1H time frame, BEARS weightage are more than bulls as seen on Chart. Entry can be taken with the break of Support level, which is also a trend line support and good FIB ZONE. Once market has formed a LL and breaks the support then it will take a good corrective move. RISK /...

ProTradeProfessor

seems like market has formed TOP and now its time to take a corrective move. As compared, Bears have got more weight than Bulls with formation of ABCD pattern, Sentiments more than 90 Percent and Inside bar candle stick pattern as mentioned on chart. WE shall wait for the Formation of 1st LL, which is also a trend line touch zone and a good support level.

ProTradeProfessor

Market is making series of HH and HL and Bullish Weights are more. Sentiments are also toward short. however if the market break upside, it will continue Bullish trend and if the market breaks HL then possible that it would be taking a corrective move till 0.5 level of Fibonnachi.

ProTradeProfessor

Series of HH and HL , Market has broken PRV. LH depicting trend reversal

ProTradeProfessor

GBPUSD - Bullish Confluences. 1- HH and HL (Dow Theory) 2- Formation of Bullish Flag Pattern 3- Market tested / respected 4H Support Level 4- Market took support of 0.382 FIB level (Coinciding with 4H support Level)

ProTradeProfessor

Market has remained been in BULLISH trend for Long. However, Market has taken corrective move uptil 0.382 of FIB level and which is also a good 4h support zone. Market has respected this level and did not break the HL with Good momentum. it indicates that market will keep continuing Bullish trend (due More weightage ) to BULLs and target are specified.

ProTradeProfessor

Market is is consolidation phase / distribution phase : market has tested 4H strong resistance followed by formation of Shooting Star and Inverted Hammer candle stick pattern. Market sentiments are strongly in Bearish mode. Market can easily test 4H support zone before continuation of Bullish zone.

ProTradeProfessor Updated 

Market is marking series of HH and HL , market has rejected from 4H support zone followed by Hammer candle. This support zone coincides with FIb level of 0.236. Market has formed Bullish Flag pattern which is also a strong sign of Bullish Pattern continuation. market is currently making a corrective move and its good time to buy. place stop loss below HL.

ProTradeProfessor

1- Market has formed strong Bullish Divergence on Daily Time Frame 2- Market has tested and rejected with TWEEZER BOTTOM candle stick pattern from Weekly Support level 3- Market is approaching its LH (which is also a trend line resistance) if this gets break, market will follow a corrective move up-to FIB 0.382 level which is also a DAILY strong Resistance level....

ProTradeProfessor

Market is in Bearish Trend, DXY is Bearish, however, BXY is taking corrective move due which market has taken correction till 0.5 FIB level which is also a strong 4H Resistance level. Currently market is testing TREND LINE resistance and FIB LEVEL and 4H RESISTANCE. if market breaks above 4H resistance it will be my first HH and entry can be taken on HL. most...