dawoodabbas26

dawoodabbas26 Jul 20, 2023

USD JPY making a bullish flag , we can take a buy entry at the break of pole , with stop loss around last higher low

dawoodabbas26 Jul 19, 2023

After a bullish run , NZD USD is correcting itself. It has bounced off the previous resistance that now has become the support. We can expect a bullish run from there and can take a buy trade. With a risk reward of 1:1 , we can exit before the last high.

dawoodabbas26 Jul 17, 2023

1. GBP CAD is in a parallel channel, and is reaching the support level. 2. We can take an instant buy entry with stop loss below the last higher low.

dawoodabbas26 Jul 13, 2023

1. USD CAD trading in a parallel channel. 2. Currently trading at the support level. 3. We can take entry at 0.382 level of fib (1.31415) 4. Stop loss will be at last lower high

dawoodabbas26 Jul 11, 2023

1. Bullish divergence 2. Strong resistance around 184. 3. Buy entry , once the last lower high and preferably the trend line breaks 3. Stop loss below the last lower low. 4. Take profit just below the resistance level with a risk reward of 1:1

dawoodabbas26 May 20, 2023

Europe 50 index has bearish reversal bat pattern. Currently in its potential reversal zone. Once it starts forming lower highs and lower lows , we can take a short trade.

dawoodabbas26 May 4, 2023

1. Double top being formed indicating a trend reversal. 2. Divergence on RSI 3. Lower High and Lower low being formed 4. Bearish Candle ,which could lead to another higher low When to enter? We can short the pair , once the price breaks the neck line.

dawoodabbas26 May 1, 2023

Based on the analysis, the EUR JPY is forming bearish candles after making a higher high. We can see a rising wedge being formed alongside the divergence on RSI, indicating that that it is likely to reverse its trend. The analysis suggests that the market is likely to experience lower lows in the coming period, and we can consider shorting the pair if price...

dawoodabbas26 May 1, 2023

Based on the analysis, the NZD JPY is forming a bearish candle after reaching the level of previous higher high. It could lead to a double top pattern, indicating that that it is likely to reverse its trend. Additionally, there is a divergence being formed on the Relative Strength Index (RSI), which further confirms the potential for a reversal. The neck line...

dawoodabbas26 Apr 30, 2023

Based on the analysis, the USD/CHF has formed a double top pattern, indicating that that it is likely to reverse its trend. Additionally, there is a divergence pattern visible on the Relative Strength Index (RSI), which further confirms the potential for a reversal. The neck line break will further confirm the potential new downward trend, at which point we can...

dawoodabbas26 Apr 25, 2023

EUR USD is in a uptrend, but is currently at the level close to previous higher low. If it bounces back from there and the uptrend isn't broken, we can enter at 0.382 fib level , at which point price would be 1.1028. The stop loss can be the last higher low , 1.1096. TP1 is set at 1.10965 and TP2 at 1.11654

dawoodabbas26 Apr 25, 2023

Ada has made a series of lower highs, and is in a down trend. We can enter at 0.382 fib level. At that level price is 0.3832 The stop loss will be last lower high, that would be 0.3950 Tp1 would be 0.3714 and TP2 would be 0.3596.