Basit-Abdul

Basit-Abdul Updated 

Current Market in the 4HR time frame demonstrates that the pair has been Bearish in recent days. The pair has reached the bottom linear level. However there is still a somewhat of a choppy/ indecision movement and further confluence can considered due to the fact that the pair is significantly low on RSI. The pair is also approaching a significant zone which...

Basit-Abdul Updated 

Within this timeframe, the above linear level has been obeyed several times, and the last few hours have demonstrated a rejection. POSSIBLE 50 PIP PROFIT TRADE. INSTANT ENTRY.

Basit-Abdul

The pair in this month has been ranging in between the supporting zone as well as the top linear level. The Market had retested against the Top Linear Level in 3 occasions - which demonstrates that the linear level is a good resistant level in which a SELL can take place. Current Market has reached the top linear level in recent days and has also demonstrated...

Basit-Abdul Updated 

A possible SELL due to the fact that the pair is currently reaching a linear level that has been retested several times as well as the fact that the pair is also considerably high on RSI. I am very certain that a Bearish movement will happen quite soon... In terms of entry, ENTER NOW or wait for a Bearish Confirmation!

Basit-Abdul

The pair has reached the top Trend line for multiple time frames : 1W, 1D and 4HR and is also considerably overbought on 1HR, 4HR and 1D. In terms of entry - this can either be an instant entry or a bearish indication can be anticipated.

Basit-Abdul Updated 

Despite the retracement move that occurred earlier today, I think it is safe to say that the impulse move could possibly come sooner rather than later. Currently the market has reached the bottom of the Trend Line and as well as a key zone which had been used as a support in recent times. There is further confluence when we consider the fact that the market has...

Basit-Abdul Updated 

The pair for quite a while has been on a uptrend and has also broken through the 4HR and daily Trend line in recent hours. Currently the market seems to have rejected the weekly linear level (Top TL). From a psychological perspective, it seems as though that the Buyers of the market had lost momentum as this can be suggested following on from the recent candle...

Basit-Abdul Updated 

Within the Daily time frame , we are able to see that a rejection has occurred whereby the lower wick of the bearish candlestick is in fact larger than the body itself- demonstrating that a strong rejection has occurred to the linear level. This point can be supported further when looking at the 4HR timeframe where further rejections have also occurred. A BUY...

Basit-Abdul Updated 

Following on from this day's daily candle closure, we are able to be given an impression that the long lower wick below the body demonstrates a rejection of the linear level as well as a further indication for the market to be pushed higher. We are also able to identify the similar rejection when looking at the 4HR time frame. In addition, from the recent candle...

Basit-Abdul Updated 

The fact that the pair is low on RSI on the 4hr time frame, I think its time for this pair to gain momentum considering the recent events that had occurred causing the pair to drop low on RSI. Other than RSI, not only is the pair approaching the bottom of the 4hr Trendline, the pair also seems to be approaching a key level zone as well as a Fibonacci level...

Basit-Abdul Updated 

As the recent market demonstrates a rejection of the bottom linear level/trend line - I think perhaps it is time for the Bulls to take over the market! The market has approached a zone, which can be considered as a further confluence due to the fact that this particular zone has been a support in the past. Considering the fact that rejection has occurred it is...

Basit-Abdul Updated 

As demonstrated, this pair has reached to the bottom of the Daily Trend Line and has slightly broken through. When looking at the 4hr time frame, it is noticed that the pair is very considerably oversold on RSI. Instant entry or possibly wait for the market to reach support.

Basit-Abdul

Following on from my successful analysis last week ( EURUSD short ) , I think it is time to anticipate a BUY opportunity this pair. The Pair is currently reaching the bottom linear level as well as reaching a zone which can also be used as a support. Within the 4HR time frame, the pair is considerably low on RSI . There is further confluence as a double bottom...

Basit-Abdul Updated 

A GREAT OPPORTUNITY DUE TO MULTIPLE TIME FRAME CONFLUENCE •1W - Current Market has reached the top of the weekly Trendline. The closed candle that had occurred for this week suggests that a strong rejection has occurred when observing the length of the wick. This long wick above the body suggests a rejection of the linear level which can therefore be followed up...

Basit-Abdul Updated 

ANOTHER TRADE WITH MULTIPLE TIMEFRAME CONFLUENCE!! (VERY SIMILAR TO THE NZD PAIR) #TOPDOWNANALYSIS The weekly timeframe indicates a downtrend. Anticipation of a further Bearish Indication could also enable a long-term SELL opportunity. •1W - Current Market has reached the top of the weekly Trendline . The closed candle demonstrated suggests that a rejection...

Basit-Abdul Updated 

On the Weekly Time frame, the chart indicates a downtrend. Anticipation of a Bearish Indication could enable a long-term SELL opportunity. A GREAT OPPORTUNITY DUE TO MULTIPLE TIME FRAME CONFLUENCE • 1W - Current Market has reached the top of the weekly Trendline. (A considerably strong trend line which has been obeyed very nicely for quite a while now) . The...