abubakerkhushi
Currently there is no clear trend and chart is showing sideways movement so we can take trade using support and resistance lines.
USDCHF is moving in range so we can make our entry points using support and resistance.
AUDNZD is moving in range so using support and resistance lines we can put pending orders for two cases either it breaks support or resistance.
AUDCHF is making a new bullish trend by breaking previous LH NOW it also broke its previous HH and moving toward forming another HL .so now by applying fib numbers we got our entry price as it will likely test 0.382 fib number.
USDCHF is continuing its bullish rally by printing HH and HL it formed new HL at 0.786 fib level so we can can take instant entry at this price since it closed another green candle.
chart was showing good bullish movement. but it also showed divergence between latest HH's and then it broke the trend so in such cases it is recommended to avoid trading such carts.
JPN225 is showing a perfect bearish trend according to DOW theory. FIB numbers also shows that it is moving upward to make another LH but if we look at RSI indicator it is showing divergence at value below 30 so will avoid trading and will wait until the RSI is neutralized and trend is not broken.
JPN225 is showing a perfect bearish trend according to DOW theory. FIB numbers also shows that it is moving upward to make another LH but if we look at RSI indicator it is showing divergence at value below 30 so will avoid trading and will wait until the RSI is neutralized and trend is not broken.
EURUSD is making LH and LL seires currently its testing its trendline so we can take entry at market price making previous LH as our stoploss.
ITS showing bearish movement and its last candle made a shooting star shape
its making HH and HL so we will wait for green candle to confirm our entry
Its chart is confirming bearish movement according to DOW theory and three black crows are also confirming its bearish movemnet so we can take entry at the closing of candle.
DOTUSD is moving toward making another lower high so will we will wait for the present candle to complete if it closes in red then we can take entry.
USDCAD chart is already showing bullish trend now since its making regular green candles and giving toward making a lower high so we can take entry once it closes on another green candle.
it continues making a eries of HH and HL so it will continue to remain in bullish trend untill it show a major reversal pattern.
USDJPY is moving upward to break its previous HIGHER HIGH if it happens then according to dow theory it will continue toward making a bullish trend.
AUDNZD is moving toward breaking its previous HIGHER HIGH so according to dow theory it will continue its bullish movemnt untill major trend reversal is shown.
GBPJPY is making a series of of Higher Highs and Higher Lows so if it breaks its previous Higher High it will continue its bullish movement