Alee_Kolachi

Alee_Kolachi Updated 

USDCHF, forming head and shoulders pattern with a bearish divergence and the current candles show strong bearish bias. The projection of the head and shoulders is also defined. You can instant sell.

Alee_Kolachi Updated 

A bullish divergence along with inverse head & shoulders pattern shows that the trend is nearing reversal, further breaking the previous lower high can confirm the trend reverse and we can take buy into the trade. The bullish divergence shows the momentum of bullish is high.

Alee_Kolachi Updated 

EURCAD has formed inverted head and shoulders pattern. It has also broken above the resistance which shows that the trend may continue to move bullish. It will come to retest the resistance (which now may act as a support). We'll buy with the stop loss below trendline and previous low.

Alee_Kolachi

- Inverted Cup & Handle Pattern This shows the trend will continue bearish - If it breaks the support of 1.61, the probability is high that it will touch 1.57, which is the projection of an inverted cup and handle - AXY Index is Bullish technically as well as fundamentally - No Bullish divergence which could cause it to go up.

Alee_Kolachi Updated 

- Bearish Divergence - Resistance at the current point - Chart pattern shows the trend lasts 1000 pips and changes direction - DXY has been very bullish on daily TF, it needs to make higher low. - Break of a trend line.

Alee_Kolachi Updated 

The dollar index is bullish and the australian dollar index is bearish which suggests that there should be bullish momemtum of AUDUSD pair. The bullish divergence is also formed and the current price action is at 78% FIB retracement which further strengthens our idea. We'll go with two trades, first with TP1 and other we'll trail. It is also likely that trade...

Alee_Kolachi Updated 

Break of a trendline supported by the bullish divergence shows that the momentum of the the bearish trend is declining. If the previous lower high is broken, there are high chances that price will continue to move up.

Alee_Kolachi Updated 

- EURAUD has a bullish divergence - The price broke the previous high level - It seems that the price is retracing to gain momentum to push up further - EXY index also shows a bullish divergence - AXY index is in a bearish trend

Alee_Kolachi Updated 

NZDCHF - The setup is to sell at the point where price breaks the previous low. It can be seen that the price is at strong resistance plus forming a bearish divergence, which shows the momentum of the buyers is decreasing. We'll sell at the break of previous low.

Alee_Kolachi Updated 

1- There is a bearish divergence showing the bullish trend has lot its momentum. 2- The daily timeframe is still bullish which suggests that if our sell limit trade is triggered, the partial take profits must be collected. 3- If the sell limit does not trigger, we'll wait to see how the market presents the next move. No rush on this pair. 4- AB=CD Pattern is...

Alee_Kolachi Updated 

1- The price action has broken out of the rectangle with having bullish divergence earlier. 2- There are two setups that trade can be taken a) buy limit which I am taking with SL defined as in the chart b) Wait for the price to break the previous high for higher confirmation.

Alee_Kolachi Updated 

AUDCAD has strong domination of the selling side as shown in the chart. Few of the points that show the price should go down is that the price has already touched 78% Fib retracement and the divergence on the 4h chart shows the momentum of the buyers has decreased. We'll sell when the price breaks the previous low and should continue to go down. The price will...

Alee_Kolachi Updated 

Instant selling AUDUSD after it started the downwards trends, breaking the previous low. The trend line retest was also done.

Alee_Kolachi Updated 

1-Projection of previous Head & Shoulders has completed 2-Bullish Divergence 3-Taking two trades a) instant buy b) when it reaches 0.7% fib 4-21 EMA Support

Alee_Kolachi

We'll buy at the break of previous high. It can be seen that there is RSI Bullish Divergence as well as horizontal support and trendline support. It is highly expected that TP2 will hit but we'll take partial profit at level mentioned. The trend is retracing from 61% fib level.

Alee_Kolachi

EURNZD On a 4H timeframe, it has broken it's trend line and has started to move up. It may retrace a little bit, therefore putting the buy limit order which is at 50% Fib retracement . We'll take partial profit at the next resistance zone and then TP2 can be put at the 1.83983 level or until 4H divergence is formed.

Alee_Kolachi Updated 

GBPUSD - The buying momentum is declining as it can be seen by the bearish divergence on RSI-14. The price is forming double top level on the chart and there are high probability that when the price breaks the previous low, it should continue to go down.

Alee_Kolachi

The EURCHF has a bearish divergence and has broken the previous low of the trend. I take instant sell as per the break of market structure. The stop loss will be above previous high.