Fahad-Rafique

Fahad-Rafique

Price was in a downtrend, however the bulls seem to be warming up for assuming control of price action following the formation of a bullish divergence with double bottom reversal pattern formation. If previous lower high is broken with good volume then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price is in a strong downtrend, and respecting the descending trendline, however the matured bullish divergence with a double bottom reversal pattern hints the control of bulls. If the trendline and previous lower high are broken with good volume then we can expect a bullish reversal as per the Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a downtrend, however after the formation of a double bottom a higher high is printed which is an indication of the beginning of a bullish trend. Once the freshly printed higher high is broken we can expect continuation of the bullish trend as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a downtrend on 15 min timeframe, however a mature bullish divergence coupled with trendline breakout hints the control of bulls. If previous lower high is broken then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a downtrend, however the bullish divergence on 15 min time frame hints the control of bulls, if previous lower high is broken with good volume then we can expect a bullish rebound from the levels as per Do w theory. Targets are mentioned on the chart chart.

Fahad-Rafique

Price was in a strong downtrend, however the breakout of the daily descending trendline and printing of a higher high hints the control of bulls. If freshly printed HH is broken with good volume then we can expect a bullish rally as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong downtrend, however the breakout from the descending channel hints a potential reversal. If a proper higher high is defined followed by a higher low then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a downtrend, however bullish divergence coupled with double bottom reversal pattern hints a bullish reversal. If previous lower high is broken with good volume then we can expect a reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price went down on a small retracement and with double bottom and bullish divergence we can expect a rebound from here. If previous lower high is broken then we can expect a bullish reversal on 15 min time frame. Targets are mentioned on the chart.

Fahad-Rafique

Bulls are in complete control of the price action and it seems that a higher low is defined, if previous higher low remains intact then we can see another bullish wave as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Double top on chart with bearish divergence hints that bulls seem to be exhausted after a good run. If previous higher low is broken with good volume then we can expect a bearish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong downtrend, however a small accumulation zone with bullish divergence hints the control of bulls. if previous lower high is broken then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price is in a strong downtrend, however the bullish divergence with double bottom hints on a reversal, if previous lower high is broken then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong downtrend, however an extended bullish divergence, breakout from descending trendline, printing of hammer candle and a higher high all hint at the return of bulls for the price action. If freshly printed higher high is broken with good volume then we can expect a good bullish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price has been in an accumulation box for over two years now, and a breakout seems to be on the horizon. Bullish sentiment is further validated by the bullish RSI divergence. When the price breaks previous higher high than we can expect a strong bullish move as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price is in a strong downtrend printing lower lows and lower highs continuously. However, the eight month long trendline seems to be breaking. Moreover, accumulation at current levels is also an indication that bulls are trying to assume control of the price action. If previous lower high is broken with good volume then we can expect a bullish reversal as per Dow...

Fahad-Rafique

Price was in a downtrend on hourly time frame, however triple bottom formation coupled with bullish divergence suggests bullish control. If previous lower high is broken with good volume then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a downtrend, however the bullish divergence with a double bottom reversal pattern hints bullish control. If previous lower high is broken with good volume then we can expect an uptrend as per Dow theory. Targets are mentioned on the chart.