BIAS: SHORT (FOR SCALPING) "Bullish Indications" Bullish Trend Price Rising In A Parallel Channel "Bearish Indications" Price In Resistance Zone Price Will Drop To make a new HL
BIAS: SHORT "Bullish Indications" Bullish Divergence Strong Support @ 138.800 "Bearish Indications" Strong Support @ 138.800 Inverse Cup & Handle Broken Support @ 140.550 Bearish Marubozu Candles
BIAS: LONG FOR SCALPING & SHORT FOR DAY TRADING "Bullish Indications" Price At Strong Support of 1.77050 AB=CD Pattern Complete Bullish Engulfing "Bearish Indications" Bearish Trend
BIAS: SHORT FOR SCALPING & LONG FOR DAY TRADING "Bullish Indications" Bullish Trend Parallel Channel Break From Upper Bound AB=CD Pattern "Bearish Indications" Gravestone Doji Bearish Divergence
AUDCAD Time Frame - 4 HR "Bullish Indications" - Mature Bullish Trend In Daily TF. - Price In Support Zone. Price unable to Break support zone - 4 Hr - Support zone confluence with Fib level 0.5 - 4 Hr - Descending Parallel Channel / Triangle - No Divergence - 3 White Soldiers - 1 Hr - Doji & Inverted Hammer At bottom of Support Zone - 1 Hr - 3 White...
BIAS: NEUTRAL AS PER BELOW ANALYSIS Bullish Indications: 1) Bullish Trend - Daily, Bullish Trend - 4 Hr, Bullish Trend - 1 Hr 2) Support @ 1.22960 3) Cup & Handle Pattern Note: Take a Long entry after Horizontal resistance @ 1.24500 & resistance of Rising Wedge is broken and respected at retest. Bearish Indications: 1) Resistance @ 1.24500 2) Shooting Star &...
BIAS: SHORT AS PER BELOW ANALYSIS Bullish Indications: 1) Bullish Trend - Daily, Bullish Trend - 4 Hr, Bullish Trend - 1 Hr. 2) Support @ 1.06390 & 1.05050. 3) Bullish Engulfing - 1 Hr Note: Take a Long entry after resistance of Rising Wedge is broken and respected at retest. Bearish Indications: 1) Resistance @ 1.07868 2) Bearish Harami + Hanging Man - 4...
BIAS: NEUTRAL AS PER BELOW ANALYSIS Bullish Indications: 1) Three White Soldiers - 1 Hr, Bullish Engulfer & Piercing Pattern - 4 Hr & Bullish Engulfer - Daily 2) Turned To Bullish Recently on Daily Timeframe 3) Support @ 1.80350 4) Bullish Divergence @ 1 Hr Note: Take a Long entry after resistance of Bullish Flag is broken and respected at retest. Bearish...
BIAS: SHORT AS PER BELOW ANALYSIS Bearish Indications: 1) Mature Bearish Trend In Daily But Recent High Is Equal To The Previous High 2) Three Black Crows - 1 Hr 3) Resistance @ 0.64450 4) Symmetrical Triangle 5) Respect given to Resistance of Symmetrical Triangle 6) Bearish Divergence @ 1 Hr Bullish Indications: 1) Mature Bullish Trend In 4 Hr & 1 Hr 2)...
BIAS: SHORT AS PER BELOW ANALYSIS Bearish Indications: 1) Shooting Star @ 4 Hr & Handing Man @ 1 Hr 2) Resistance At 0.92500 - 0.93100 & Currently Price In Resistance Zone 3) AB=CD Pattern Complete - 4 Hr 4) Rising Wedge - Reversal Pattern 5) Fib level given respect 0.786 Level Acted as Resistance, 0.618 Level Acted as Support 6) Divergence At RSI Bullish...
Using Dow Theory I identified that Market is in a Bullish Trend making series of HHs & HLs. Opportunity for Scalping as Price coming down from an important resistance level of 1810 and about to form a new HL. Confluence Points: 1) Respect given to Resistance level of 1810. 2)Evening Doji Star Pattern Thank You!
Status: PROFIT $ 193 Using Dow Theory I identified that Market in an early Bearish Trend making series of LHs & LLs. Possibility of continuation of Bearish Trend due to breakout of Bearish Rectangle continuation Pattern. Confluence Points: 1) Bearish Rectangle Pattern Breakout (A Continuation Pattern) 2) Multiple Strong Bearish Candles At Breakout 3) Series of...
Using Dow Theory I identified that Market in an early Bullish Trend making new HHs & HLs. Possibility of continuation of Bullish Trend due to breakout of Bullish Pennant Pattern. Confluence Points: 1) Bullish Penant Brakout 2) New HH & HL 3) Strong & Multiple Bullish Candles At Breakout 4) Resistance Broken Thank You!