.No any bearish divergence on RSI. .Fibonacchi exactly retrace on 0.50 Value .Take entry on Last HH buy stop .Drive with the trend.
.93% Sentiments for long last 3 days .Divergence on H1 tf. .Wait for break last LH.
.After a distribution phase trend change n break its support .In a distribution phase a bearish divergence occurs. .Already making Lower low .Wait for pre size entry
.Already break its LAST LOWER HIGH after a BULLISH DIVERGENCE. .DOUBLE BOTTOM pattern made. .Wait for pre size entry by a buy limit
Drive with the trend . .No any bullish indications .Expected LH or previous LH are too near so safe n secure entry.
.Making New LH or LL .No indications of any bullish divergence. .Entry is Exact On 0.382 Ratio of Fibonacchi.
After a distribution phase Change its overall trend n making LHs n LLs so ready for next LH or LL.
Simple dow theory try to take entry on a prominent breakout of Last LH.
Reasons for continuation: .Every divergence occurs in H1 price action falls approximately 800 pips. .Reverse for HL to moving HH price actions rise approximately 1200 pips. .Ready for new HL fall or HH rise.
Reasons of continue its Bullish trend: .After RSI divergence Already makes HHs n HLs .Trend continue with making of Bullish rectangle .Daily Time frame resistance are target levels. Drive with the trend
BULLISH INDICATIONS: REASONS: 1.Prominent Bullish divergence in RSI 2.Double Bottom Bullish reversal pattern made 3.Harmonics pattern Butterfly made 4.Potential reversal zone exactly on same zone of double bottom Drive with this reversal and complete its projections...
BULLISH INDICATIONS: REASONS: 1.Prominent Bullish divergence in RSI 2.Double Bottom Bullish reversal pattern made 3.Harmonics pattern Butterfly made 4.Potential reversal zone exactly on same zone of double bottom Drive with this reversal and complete its projections...
BULLISH REASONS: .Break its last LH .Already make HH .Bullish Engulfing in HL
Bearish indications: .After RSI divergence price action already break its last HL.....First sign of reversal .Make Head n Shoulder pattern on H1 tf .On daily tf price action is on ranging and right now its on resistance area of range.
Bullish Indication: .no any bearish divergence or signs .trendline already respect 2 times
REASONS FOR BULLISH: 1.SENTIMENTS are 93% long 2.BULLISH DIVERGENCE on RSI 3.Reveral pattern occur DOUBLE BOTTOM. 4.Already break its last LH N Make HH Drive with the trend
BULLISH SCENARIO: .AB=CD pattern formed .Already break its B point
TREND CONTINUATION: .Price action respect TRENDLINE .Making HHs n HLs .No any bearish divergence signs.