Fahad-Rafique

Fahad-Rafique

Price was in an uptrend, and reached the projected target of AB = CD pattern, however the bears seem to be exhausted as the ascending trendline is broken successfully, after the emergence of bearish divergence. Moreover, first lower low and lower high are printed further validating the control of bears. If the bearish pressure sustains, further downside in price...

Fahad-Rafique

Price was in a strong downtrend, however upside reversal seems to be on play after a bullish divergence appeared on four hourly time frame. First higher high is printed successfully and if bulls maintain pressure then we can expect further highs. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong downtrend, however a matured bullish divergence seems to be at play as pervious lower high is broken successfully. If the bulls continue to exert similar pressure then we can expect further slide in price action as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in an uptrend, however a matured bearish divergence seems to be at play on four hourly time frame as previous higher low is broken. If the bearish momentum sustains then we can expect further slide in price action as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Bulls have assumed control of the price action after the emergence of bullish divergence on four hourly time frame. Previous lower high is broken successfully and if the momentum sustains then we can expect further upside in price action. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong uptrend, however a matured bearish divergence seems to be at play as previous higher low is broken successfully. If the current bearish momentum sustains then we can expect further slide in price action as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in an uptrend, however a bearish divergence seems to be at play on four hourly time frame, previous higher low is broken successfully. If the bears continue to exert pressure, 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 on four hourly time frame indicates that bulls are trying to assume control of the price action. The notion is further confirmed by the break of previous lower high. If the pressure is maintained by bulls 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 on four hourly time frame, as previous lower high is broken. If the bulls manage to sustain pressure then we can expect a reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong uptrend, however a matured bearish divergence on four hourly time frame, hinted the control of bears. The notion was further affirmed by the break of previous higher low. If the bears continue to exert pressure then we can expect further slide in price as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong uptrend, however a matured bearish divergence on four hourly time frame, hinted the control of bears. The notion was further affirmed by the break of previous higher low. If the bears continue to exert pressure then we can expect further slide in price as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong downtrend, however a matured bullish divergence led to the break of previous lower high, the bullish notion was further affirmed by the printing of a higher low. If bulls maintain pressure 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 respecting a descending trendline since Mid April, however matured bullish divergence on daily time frame, finally seems to be playing out as trendline is broken and if bulls manage to breach previous lower high then as per Dow theory we can expect a bullish rally. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong uptrend, however it seems that bulls are exhausted and need a breather. Bears on the contrary smelled weakness and are trying to seize control of the price action, they have managed to break the previous higher low, and if the bearish pressure sustains we can expect further slide in price. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong downtrend, however a bullish divergence led to the break of previous lower high indicating the control of bulls, if the pressure sustains then we can expect a bullish reversal. However, caution must be practiced as it is a risky setup. There is a high probability that the asset would go into an accumulation phase before a bullish rally....

Fahad-Rafique

Price was in an uptrend, however a bearish divergence seems to be playing out on 4H time frame as previous higher low is broken successfully. If the bears continue to maintain pressure then we can expect further slide in price action. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a downtrend, however a matured bullish divergence hinted that bulls are trying to control price action. The notion was confirmed by the break of previous lower high. If bulls manage to sustain the pressure 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 a matured bullish divergence finally seems to be playing out as previous lower high is broken. If bulls maintain their iron grip on price action then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.