Chart Pattern shows a Falling Wedge. The pair is currently in bearish trend but shows Bullish Divergence on Klinger Oscillator on Daily Time Frame. My plan is to wait for breakout of trendline resistance then take a LONG position.
A cup and handle pattern was formed at Hourly level, will wait for price to breakout to trade.
the chart pattern shows a double bottom which indicates a trend reversal to bullish, based on that and also new Higher high was made, eurusd appears to enter a bullish phase in Hourly chart.
Using confluence of Dow's theory and chart patterns, GBPJPY is in a falling wedge position which indicates trend reversal. based on this, i have placed a LONG position on GBPJPY
using confluence of S&R, Dow theory, and chart patterns..
I have observed a Bullish BAT (XABCD) pattern indicating bullish reversal. Using confluence of candlestick patterns, dow theory and chart patterns, i predict a bullish reversal in near future.
Based on trend lines and fib retracement, i have placed a long position on BTCUSD. trend line shows the market to be in accumulation phase now. so we will use support and resistance to place orders.
I have used support, resistance and dow's theory to identify my entry, SL and TP.
prediction of entry points, TP and SL using support, resistance and Dow's Theory.
based on support and resistance and some bullish movement near last support, looks like ETH will be bullish for a while.
Using support and resistance to identify buy and sell targets and define stoploss.
Use of support and resistance to identify sell targets and stop loss.
candlesticks that can identify upcoming bearish trend are being identified in this chart.
analysis of recent bearish trend of btc and candlestick patterns to recognize it.
My 2 cents on on trending phase analysis, showing different candles to identify upcoming bullish trend.
In this chart we try to identify candlestick patterns that indicate the best buying price
I have used Dow's theory to perform this analysis. series of higher highs and higher lows show bullish trend. series of lower highs and lower lows show bearish trend