XAGUSD - 1H - ABCD PATTERN - LONG POSITIONIn this chart we have spotted ABCD pattern with the help of fib retracement as it break Point D we also engage a SELL STOP order as well.
Shahrukhshafiq
AUDNZD - 4H - CUP & HANDLE - LONG POSITIONIn this chart we spotted a CUP & HANDLE and we also spotted a Bullish Divergence and expect that we take a decent entry & exits.
AUDJPY - 1H - CUP & HANDLE - SHORT POSITIONIn this chart you can we have spotted inverted cup & handle and we expect a down trend but we also observe a BEARISH DIVERGENCE.
hopefully we take a right entry & hit our TP
ZARJPY - 4H - DOUBLE BOTTOMS - LONG POSITIONIn this chart we can spot Double bottoms on 4h chart.
we can expect a decent target to be fulfilled. we take entry after break of neckline.
XAUUSD - 1H - BULLISH FLAG - LONG ENTRYIn this chart we observe a BULLISH FLAG and we precise our entry & exit points and we also observe a Double bottoms and we see a visible breakout to upwards.
FLOKIUSDT - 1H - BULLISH FLAG - LONG ENTRYIn this chart we have spotted Bullish flag, it will be expected that it will move upwards, TP & SL are decided on the chart
GBPJPY - 1h - Head & Shoulder - Short EntryIn this chart, there is clear head & shoulder visible on the chart. we wait for the neckline to break we make an entry.
But there is one check list is missing which is DIVERGENCE. which is not spotted so there might be 50/50 chance it will go down.
EURAUD - 1H - Long Position - Support & ResistanceIn this chart we mark support & resistance grid lines, which help us to decide entry & exit point of the trade.
DKKCZK - 1h - SHORT ENTRY - SUPPORT & RESISTANCEIn this chart we draw 3 support lines & 3 resistance lines.
and we set a small target of short entry. lets see what happens
USOIL - 1H - LONG POSITION - SUPPORT & RESISTANCE In this chart we draw support & resistance to calculate our entry, stop loss and target profit.
so we assume a long entry and we added entry levels
CADJPY - 1H - LONG POSITION - SUPPORT & RESISTANCEIn this chart, we draw support & resistance lines and it clearly shows us it will bounce back from S1 and go upwards
so we trigger buy limit at the entry price of S1 and SL is S3 and take profit is R1
DKKCZK - 1H - Bullish Divergence - DOW THEORYIn this chart we have spotted a Bullish Divergence on 1H time frame, and we see promising rise of price.
CADCHF - 1H - Bearish Divergence - SHORT Entry In this chart we have spot a bearish divergence at 1H & 4H time frame. and we also seen that it creates a HH & then start making LH & LL. with the help of Fib Retracement we also seen 0.382 value
XAUUSD - 1h - Bearish Divergence - FibonaaciIn this chart I spot a Bearish Divergence in which RSI momentum going down and price go up.
it will be a sign of last bullish High and will go down and trend moves towards Distribution phase and then down trend/bearish.
In this zone we avoid trade until we spot a clear indication of trend
SO DONOT TRADE
USOIL - 30min - Short Entry - Fib - RSI ImplicationsIn USOIL - Crude Oil, we can spot a Bullish divergence but the trend in going bearish with clear HL & LL. With my experience, it is not a valid Divergence.
FIb retracement value 0.382 is valid because after LL it retest that value and now it will go down.
AUDNZD - 1H - SHORT ENTRY - DOW THEORYThere is series of LH & LL which shows a bearish trend, and we take a small SHORT ENTRY
AUDCZK - 1D - LONG ENTRY & SHORT ENTRY - DOW THEORYIn this Pair we see a visible Trends in DAILY time frame, in which you can see a Declining Phase, Accumulation phase and then currently in Bullish trend.
THE DEFINITION OF DOW THEORY IS WINNING.
So currently we plan a small SHORT ENTRY of around 170-200 pips
as the Short TP hits we take a LONG Entry from there for 200 pips more.
HAPPY TRADING.
AUDCHF - 1h - LONG POSITION - DOW THEORYIn this chart you see that the definition of DOW THEORY is practically speaking by series of HH & HL. With this continuity there is no sign of trend reversal and considering a decent SL & TP we can take a trade.
AUDCAD - SHORT & LONG ENTRY - 1H - Application of DOW TheoryAUDCAD Charts shows a Complex pattern in which it frequently changing trends after a small time interval. So it will be suggest to take two positions a small SHORT entry which will be hit in few hours or take LONG entry which will take more than 20 hours.
Hope this helps you.
Happy Trading
