So, previously we can see a bullish trend. then we can see a bearish divergence at the last HH. then we can see it broke the last HL and printed the first LL which shows a reversal of trend. Plus a head a shoulder reversal pattern can also bee seen here. Seeing these validations from the chart we can enter the market using the fib retracement tool at 0.382 which...
can see bearish trend nothing against the ongoing bearish trend can short from some retracement from the LL and can ride the trend from here on!
A bearish flag can be seen that shows a continuation of the bearish trend again after this correction phase we can use the ABCD tool for projection.
There is no notable divergence in RSI. can see making a bullish flag. which indicates a trend continuation of bearish trend.
Can't see any divergence on RSI which nullifies any trend reversal plus can see a bearish rectangle which indicated the bearish trend will continue once it breaks the support. We can place sell stop order under the support to ride the bearish trend that will continue.
there is a rising wedge both on one house and a 4-hour chart! plus there is a bearish divergence not that much but there is a slight divergence. this may mark an end to the bullish run and we may see a trend reversal. we can make short entries by placing sell-stop orders.
The chart was in an uptrend previously printing HH and HL until now it hasn't printed a new HH and can see a bearish divergence in the RSI indicator plus a double top. These two factors indicate a trend reversal most probably a downtrend now. We can make a precise entry by a sell-stop order just below the previous HL and ride a possible downtrend. we'll take two...
The chart was in a downtrend previously printing LL and LH until now it hasn't printed a new LL and can see a divergence in the RSI indicator plus a double bottom. These two factors indicate a trend reversal most probably an up trend now. We can make a precise entry just above the previous LH and ride a possible uptrend.
I don't see trends in this chart and can easily say the market is not trending and is sideways. I have defined 3 supports and 3 resistances and can play around to book some profit. I'll book two types of orders here buy stop and sell stop to capitalize if it goes either way. Total Order = 2 with 2% risk each. For each order two trades with 1% risk each for TP1 and...
I don't see trends in this chart and can easily say the market is not trending and is sideways. I have defined 3 supports and 3 resistances and can play around to book some profit. I'll book two types of orders here buy stop and sell stop to capitalize if it goes either way. Total Order = 2 with 2% risk each. For each order two trades with 1% risk each for TP1 and...
I don't see trends in this chart and can easily say the market is not trending and is sideways. I have defined 3 supports and 3 resistances and can play around to book some profit. I'll book two types of orders here buy stop and sell stop to capitalize if it goes either way. Total Order = 2 with 2% risk each. For each order two trades with 1% risk each for TP1...
can see visible down trend printing lower lows and lower highs at 4h and 1h as well. retracing from LL we can make a precise entry using Fib tool
Trending Market (Bullish Trend) the trend is expected to continue as there is no divergence. STOP LOSS: 116 BUY LIMIT: 126 TP 1: 136 TP 2: 146 Today's high is considered a new HH so there will be retracement and we'll buy at 126 and possibly ride up trend.