hammadtariq65

hammadtariq65

- if it doesn't break the parallel channel, then a new HH will be created. - the last HL was not broken Hence Bullish trend seems to continue

hammadtariq65

1. Chart is currently in the accumulation phase 2. Not able to break recent HL and also not able to create a new HH. 2. Bearish candles are in making 3. Tested support near 1.446 multiple times If it breaks the support at 1.446, it will go down to 1.38 but if not, then will recover strongly to the resistance level of 1.668. I will suggest monitoring the chart a...

hammadtariq65

Bullish Bat Harmonic pattern seems to be forming, once it completes the formation it will go to the upward trend, you can short it till the formation and then ride it long

hammadtariq65

- Bearish Harmonic Pattern Bat is forming - Last LL is also broken - Bearish candles were identified

hammadtariq65

1. Not able to break last HH 2. Tested last HL level multiple times 3. Forming Bearish candles 4. Trend line is breaking Once it breaks the last HL point it should go towards downtrend

hammadtariq65

Seems like a trend reversal as the Bullish candle is visible, also it has been testing the support for a few days now, hoping to break the first Resistance in a few days.

hammadtariq65

Bearish Candle Patterns are visible on HH, it will go down after a bounce

hammadtariq65

The bullish trend seems to continue as multiple bullish candle sticks patterns are visible

hammadtariq65

Tweezers Bottom candle stick is observed, which is a trend reversal, i will ride it long

hammadtariq65 Updated 

A bullish engulfing pattern is visible from the last two days' candle, I would like to ride it long as the bullish trend seems to continue.

hammadtariq65

According to DOW theory, i will ride it short to the downtrend, moreover didn’t observe any bullish candle pattern

hammadtariq65

I am using DOW theory of HH and HL, predicting it for bullish trend

hammadtariq65

Did chart analysis based on DOW theory of HH and HL,