WahidMalik

WahidMalik

POINTS TO CONSIDER 1. Bullish trend 2. Fib retracement to golden zone i.e between 0.5 and 0.618 3. Price is on demand zone

WahidMalik

price is taking support at the trendline , also there are two bullish hammer present there so we are expecting price going up again

WahidMalik

trend is bullish , take buy limit entry at fib 0.382

WahidMalik

The pattern is making HH and HL , so using fib retracement tool - entry at 0.382

WahidMalik

Dow theory - Uptrend Trendline testing 3 times. you can take the entry now for long, here is the full analysis for this pair, let me know in the comment section below if you have any question, I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.

WahidMalik

`HK50 is making higher high and higher lows continuosly , as per the dow theory the trend will be in uptrend , also bullish harami pattern is formed at the trendline , so we can expect a trend continuation from here..

WahidMalik

hello Traders , Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Dow theory - Uptrend , Bullish candles and hammer is formed at the trendline, It means its a perfect entry of buying