ORDIUSDT had been in a bullish trend when a bearish divergence on RSI was made, consequently, it went into a correction/ consolidation phase. A H&S pattern has been formed during this phase. Now its in a make or break condition. If it breaks below, bearish side will be confirmed and short positions may be opened, whereas on flip side it top of the pattern is...
ASTRUSDT has started a new bull trend by printing a new HH and HL. No weakness in trend is seen as such there is no divergence on oscillators. Long positions may be looked for.
The coin had been trending in a bearish trend printing series of LHs and LLs when a bullish div was made. It may start bullish trend now if indicated level is broken on upside. Buy stops may be placed.
BTC has a tendency to make good patterns in-between the trends which can be seen once again. It gave a bullish breakout from the consolidation zone and is probably making a bullish flag pattern breakout of which would it to new highs as shown
BTCUSDT is currently trending in bullish trend and printing series of HHs and HLs. Its strength was seen when it broke out of the consolidation zone. Moreover, it has taken support from 0.23 Fib level showing the health and strength of the trend.
PONDUSDT has started trending into a new bullish trend while making new HHs and HLs following DOW Theory. Long positions may be taken.
The coin had been in a bullish trend before it went into corrective phase. It has complted correction and printed a Cup and Handle which has also been broken in bullish direction.
The coin has broken out into a bullish trend by printing a new HH. Long positions may be looked for
The currency pair had been trending in a bullish trend till the time a bearish Divergence on RSI was seen. It has broken below its last HL level and made a LL. Balance has been shifted on Bears favor. Short positions may be opened.
GBPUSD had been printing series of HHs and HLs till it made a bearish divergence on RSI. A correction is seen after that. If it breaks below the mentioned HL level, it would indicate Bearish Reversal, whereas on flip side if it breaks above the last HH, effect of divergence would be diluted and bullish trend shall prevail
Gold had been trending in a bearish trend before it went into a consolidation zone with a bullish divergence. Bearish sentiments were dissolved in said zone and then a bullish breakout has been witnessed. Gold successfully printed a HH followed by a HL. Breaking out from this HH will confirm continuation of Bullish Trend. Prepare LONGsss..
Currency pair is trending in a bearish direction with series of LHs and LLs. Recently it has made a bearish continuation pattern - A Bearish Flag. Breaking below the flag will indicate continuation of bearish trend and short positions may be opened.
GBPUSD had been trending in a bearish trend printing series of LHs and LLs. It printed a bullish divergence and showed a consolidation which can be seen as Accumulation before trend reversal. It has broken out of that rectangle and printed first HH. Long positions may be looked for.
NZDJPY is in bull trend printing series of HHs and HLs. It has completed its correction making HL and bull trend is still intact. Long positions may be looked for.
EURNZD had been printing series of LHs and LLs , declining continuously. Recently, it made first HL which has been confirmed by breaking above last HL and printing of first HH. It may be taken as start of new Bullish trend of the currency pair. Long positions may be looked for with defined SL below HL.
The currency pair had been trending in bearish trend. It has taken a pause from the trend and printed Two HHs and HLs. This may be viewed as a Bearish Flag as indicated in the chart. Breaking below the recent HL will confirm continuation of bearish trend and short positions may be opened.
GBPJPY was in bullish trend printing HHs and HLs before it made a bearish divergence on RSI. Its making a Head and Shoulder pattern and if its broken, another bearish spell may be seen. Shorts may be prepared below neckline.
Gold had been printing series of LHs and LLs and we have played short on it. Now it has formed a bullish divergence on RSI, indicating a possible stronger side of Bulls. If it breaks LH level, indicated as Buy Stop level, long positions may be opened.