GBPJPY has formed a bullish divergence and has started to form new higher highs and higher lows which indicates the start of bullish trend.
AUDJPY has formed bullish divergence which indicates possible trend reversal. Therefore, we have placed a buy stop order above the last lower high. If price actions breaks above the entry point we can assume that trend reversal has begun. The sentiment is also 99% bullish.
USOIL has been making consecutive lower highs and lower lows i.e. bearish trend as per dow theory. A bearish flag continuation pattern has indicated further price action towards the downside. Fib retracement tool has pinpointed the entry point taken through sell limit order.
XAUUSD has formed bullish divergence indicating possible price action towards upside
EURCAD has formed the rising wedge reversal pattern along with bearish divergence which indicates possible trend reversal. Apart from that the sentiment is also bearish with 97% short positions.
EURJPY has formed the bullish rectangle pattern which indicates continuation of bullish trend. A buy stop entry is placed above the rectangle.
AUDCAD has formed divergence along with the rising wedge reversal pattern which indicates the possible trend reversal. A sell stop entry is placed at the breaking of the last higher low.
CADCHF has formed bullish divergence and a double bottom reversal pattern indicating possible trend reversal. A buy stop order is place at the breaching point of neckline if price action continues upwards.
EURGBP has formed a falling wedge reversal pattern along with bullish divergence which indicates possible trend reversal.
EURAUD has formed divergence with the rising wedge pattern which indicates possible trend reversal.
BTCUSD has formed bearish divergence along with double top pattern which indicated trend reversal. Price action has already broken the neckline which is further proof.
XAUUSD has formed a head and shoulders pattern in the presence of divergence which indicates possible trend reversal
GBPUSD has formed bearish divergence which indicates probable trend reversal and downside price action. Using Fib tool, a sell limit order is placed along with calculated TP and SL levels.
CADJPY has formed divergence as well as the rising wedge pattern indicating probable reversal of trend.
GBPNZD has formed bearish divergence which indicates the possibility of trend reversal
AUDCHF has formed a falling wedge reversal pattern in the presence of divergence which indicates trend reversal
EURUSD has formed the double bottom reversal pattern in the presence of divergence which indicates trend reversal
USDCAD has formed a double top reversal pattern in the presence of divergence which indicates trend reversal.