syedzohaibzaidi

syedzohaibzaidi

It has been assessed that the trend was going in an ascending manner then it went sideways and a little downwards making a perfect flag. Projections of Profits and Bull Run were measured using AB=CD harmonic pattern. So in my opinion it should reach it Potential Return Zone from where we either will stick with same rules or change the strategy.

syedzohaibzaidi

The chart has no divergence between the trend and the price. It is found to be a bullish trend due to its current nature. Moreover, it is also making a Cup and Handle. So when it will break the Handle it can reach TP2.

syedzohaibzaidi

For a good period of time, it is making LHs and LLs, hence we can short it by placing the pending order and Stop Loss on the most recent LH peak.

syedzohaibzaidi

The trend is making simple rising ladder, hence it is simple and we can take simple TPs.

syedzohaibzaidi Updated 

The trend is making Lower Highs and Lower Lows and there is no Divergence in the highlighted area. The Chart is also making a bearish Flag so we can short the trend at the end of the poll.

syedzohaibzaidi

The trend is making a bullish harmonic bat, also it has bounced from its identified PRZ and made first HH, once it will break the marked neckline we will purchase it with the support of pending order.

syedzohaibzaidi

It has been assessed that GBP AUD pair is making perfect HHs and HLs without any divergence, so it is a continuation trend. Moreover, it is making bullish flag and with the support of AB=CD harmonics Potential Reversal Zone has been identified, from where it has great chances of reversal.

syedzohaibzaidi

IT has been assessed that after a short bull run, CHFJPY entered the distribution phase there are wide chances that the trend will reverse. However, to keep the trade on the safe side I have placed orders for both short and long. When one order will trigger then we will close the other non-triggered trade.

syedzohaibzaidi Updated 

As mentioned in the previous analysis it has reached the PRZ now, now we will wait for first LH to be developed then we will short the gold.

syedzohaibzaidi

The trend has almost reached its Point to return zone, we can wait for first LH and LL to be formed and then we will short the trend.

syedzohaibzaidi

It has been assessed that the pattern is making perfect HHs and HLs, moreover, there is no divergence in the prices and moving trend. The Harmonic Pattern is developed by looking at the Fib @ 0.382 then BC projection is calculated @ 2.618 as standard. Once gold will reach at its PRZ it will return back. Why bullish because it is a simply a bullish flag. If it will...

syedzohaibzaidi

If it will break the buy-stop neckline there are wide chances that it will hit the TP point. After hitting TP it will enter the Point of the return zone, once it will enter there, I will devise the strategy for the new TP accordingly.

syedzohaibzaidi Updated 

There is no divergence in the rising trend between the price and candle sticks. The chart is making proper cup and handle and there are wider chances that it will break the entry point and hit the first TP. The chances of TP2 will be revisited again by analyzing the DOW theory of HHs and HLs, if there will be any divergence then we will opt for a different...

syedzohaibzaidi Updated 

It has been assessed that the chart is in the accumulation phase as previously it was bullish and has shown no sign of divergence between the trend and price pattern. We can safely place buy stop pending orders above the rectangle and Stop Loss below the rectangle. If in any case divergence will be made we will reanalyze the chart.

syedzohaibzaidi Updated 

There is an ascending rectangle found on EUR/USD as the trend is most probably in the accumulation phase. Here we can presume that price will ascend with a bull run and will hit TP 1 after breaking the buy stop pending order.

syedzohaibzaidi

The Chart is making a descending triangle as it is not breaking the neckline (Entry Point/Sell Stop) hence we will go with the bearish market.

syedzohaibzaidi

NZD/USD is in the distribution phase and as there is no divergence between price and trend, hence there is a higher probability that it will descend. Moreover, it is also making a bearish rectangular chart pattern.

syedzohaibzaidi

The pattern is head and shoulders in previous hours it has shown divergence thus there are wide chances that it will show downwards trend.