Sazew is consolidating itself in a well define box which may give a breakout for a next bull move. Buy stop should be made if it successfully breaks the box on closing basis
KSE-100 has given a breakout from the parallel bullish channel which seta its initial projection around 121k points and it its manage to break 121k with heavy volumes then next top will be seen at 158-160k points.
FABL is currently forming a bullish flag pattern which may break out to meet its recent high of 58.10 again. However 58.10 level should be closely watch out for double top formation and consequent rejection. However in case of breaking recent high of 58.10 then price projection of flag pattern stands at 78.
Crude has completed Head and Shoulder formation and any break from the neckline will create a panic sell off in this commodity.
Buy should be executed upon breakout from the bullish flag pattern with two possible flag poles price projection
SHIBUSDT has given breakout from the bearish channel few days back and moving slowly upward with an intact trend line support. Buy on the retest of this trend line for price projection of bearish channel breakout.
LINKUSDT (Daily): Almost an year of consolidation after a bear run indicates towards a breakout and subsequent bull run in it. Watchout
Crude oil has given breakout from the inverse H&S pattern and likely to complete due price projection
Short sell gold at the confirmed rejection of upper dashed yellow line. On 1 hour chart, gold has formed a double top pattern and breaks the neckline as well.
on monthly chart gold has formed a bullish flag pattern which gives two possible price projections mentioned at A & B. However in worst case or breakdown from this flag channel will create a price projection mentioned as C & D.
Price action has given breakout from the bullish pennat pattern and it is likely that price will complete its price projection. Fib levels also indicating importance of pennat price projection as projected price is lying on the fib 2.0 level
Whenever bearish divergence appears on the monthly chart of USDPKR, it took a 5-6% correction in first instance and if the divergence appeared again successively the instrument took a correction of 9-10%. Currently one bearish divergence was appeared and price action got corrected. Lets wait for another Bearish divergence to witness a good fall in USDPKR.
A bullish flag pattern is formed on gold on a monthly chart corresponding towards a series of all times high in coming years, hinting towards a possible meltdown of all other risk on assets. However a very strong resistance zone of 2050-2076 lies ahead.
Bullish trend established with HH and HL. Buy on breakout of cup and handle pattern.
Gold is running into a long term bullish move and getting higher and higher with corrections. Tp is near 2000 completing an inverse Head and Shoulder pattern. Buy around 1870-1880 should be consider for 2000 tp.
Bearish flag has been formed and likely to give a breakout, sell entry can be taken upon breakout
GBPJPY has successfully formed a bullish flag and gave a breakout from the pattern. Buying bets can be undertaken upon retest of the breakout.
Inverted cup and handle formation is evident and a short entry can be taken on the break of the handle.