Fahad-Rafique

Fahad-Rafique

After retesting a year long descending trendline once again, the bulls now seem to be in the driving seat as they have managed to break it with good volume. If the previous lower high is broken successfully, then we can expect a bullish rally s per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Bulls seem to be exhausted now as bearish divergence along with a double top has formed on hourly timeframe, hinting the return of bears. If previous higher low is broken successfully 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 it seems that bears are exhausted and price is ready for a take-off from here. Bullish RSI divergence has emerged on both daily and weekly time frame, hinting the control of bulls. If previous lower high is broken successfully, then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price is in an uptrend, consistently printing higher highs and higher lows, currently it has retraced to around 0.45, and also has a trendline support. If the bulls manage to assume control of the price action, then we can expect another lag up from here as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in as strong downtrend, however a matured bullish divergence alongside a double bottom reversal pattern hints that bulls are taking charge of the price action. First higher high is printed successfully, and if the bullish momentum continues then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price is moving in a descending channel, printing lower highs and lower lows on four hourly time frame. Once again the bulls seem to be exhausted at trendline and a bearish reversal pattern of head and shoulder along with bearish RSI divergence is printed hinting the return of bears. If previous higher low is broken successfully then we can expect a bearish rally...

Fahad-Rafique

Price was in a strong downtrend, however a bullish RSI divergence has emerged on hourly timeframe, hinting the return of bulls. If previous lower high is successfully 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 uptrend, however a double top formation with bearish RSI divergence on hourly time frame hints that bears are trying to assume control of the price action. If the higher low is broken successfully then we can expect a bearish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a downtrend, however a bullish divergence with a double bottom reversal pattern hints that bulls are trying to assume control of the price action. If lower high is broken successfully 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 a matured bullish divergence hints the return of bulls. If the descending trendline is broken with volume along with the previous lower high then according to Dow theory we can expect a bullish reversal. Targets are mentioned on the chart.

Fahad-Rafique

Corn has not only broken the descending trendline but has also successfully breached previous lower high after the emergence of a bullish RSI divergence on weekly time frame. Entry can be taken at current price as according to Dow theory now price will start making higher highs and higher lows. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a downtrend, however now it seems to be in accumulation phase, as bulls are trying to assume control of the price action after the mergence of bullish RSI divergence on hourly time frame. Price has also made a double bottom further hinting a bullish reversal. If previous lower high is broken successfully, then we can expect a bullish move as per Dow...

Fahad-Rafique

Price was in a declining phase, and respecting a descending a trendline, however a double bottom pattern with bullish divergence emerged on daily time frame, hinting the return bulls. If the trendline and previous lower high are broken successfully, 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 a matured bullish divergence seems to be at play now as the descending trendline is broken and retested, hinting the control of bulls. If previous lower high is broken successfully 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 the descending trendline is broken successfully which indicates that bulls are assuming control of the price action. Moreover, there is also divergence on weekly and daily time frames which further indicates that the price has bottomed out. Price has also given a breakout above alligator. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong uptrend, however the bulls seem to be exhausted now as a double top formation with bearish divergence is formed. This means that bears are waking up and trying to assume control of price action. If previous higher low is broken successfully then we can expect a bearish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong bearish trend, also respecting the descending trendline, however the bullish divergence led to the break of previous lower high and the trendline, indicating the control of bulls on price action. If the bullish trend continues then we can expect further highs as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was moving downwards, however a bullish RSI divergence has appeared on 15 min time frame, hinting the control of bulls. If previous lower high is broken successfully, then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.