GBNZD paid is currently warming up for a reversal after emergence of bearish RSI. Targets are mentioned on the chart.
SAUDI ARAMCO just posted a new all time high couple of days ago, and is on track for new highs, as the bullish momentum looks good. Moreover, no divergence has yet appeared on the RSI and hence according to Dow theory, the trend of higher highs and higher lows is likely to continue. Projections from AB = CD harmonic pattern are also marked on the chart, alongside...
GBPAUD pair is currently in an uptrend, however the bullish momentum seems to fade out as bearish RSI divergence has appeared on 4H time frame. This could be the last higher high before a bearish rally is triggered. Targets are mentioned on the chart.
GBPJPY is currently bullish, it is making higher highs followed by higher lows. There is no divergence on RSI at 1H time frame, and hence the trend is expected to continue. Targets are mentioned on the chart.
AVAX is currently exhibiting bearish character on 4H time frame. It is making lower highs followed by lower lows. The trend was initiated by appearance of bearish divergence, and since then a bearish rally is continuing. Targets are mentioned on the chart.
ENS is currently in an uptrend, however caution must be practiced as bearish RSI divergence has appeared on 4H time frame, wait for the break down of previous higher low. Entry and targets are mentioned on the chart.
KEL seems to have exhausted its bullish momentum, as bears warm up to seize momentum from resistance around 6.70. Huge bearish divergence on RSI also signals that caution must be practiced.
DOT is currently in an uptrend, however bearish divergence has appeared on RSI indicator, and hence caution must be practiced. If previous higher low of 7.8 is broken, then bears could take control and downward trend could start. Targets are mentioned on the chart.
EFERT is about to complete its AB = CD projection, and soon would hit the potential reversal zone, moreover the emergence of bearish divergence, is a strong indication that right now caution must be practiced. Once it hits the reversal zone, only then a precise trading plan could be formulated.
PAKT gave a breakout from the accumulation phase and made a new higher high followed by a higher low. There is no divergence on RSI, and hence the trend is more likely to continue as per Dow theory. Targets are mentioned on the chart.
SOL seems to have exhausted its bullish momentum, as it has started to print lower highs and lower lows following the appearance of bearish RSI divergence on 4H time frame. The bearish rally is expected to continue further. Harmonics projections from AB = CD pattern indicate that the asset could dump to below 60. Targets are mentioned on the chart.
FFL is currently on a decisive point, although it is making higher highs and higher lows and is in a strong uptrend according to Dow theory, however, bearish RSI divergence has appeared on the 1D time frame, hence caution must be practiced. A breakout above previous higher high i.e. 12.0 will dilute divergence. But, on the flip side, if previous higher low is...
After Bullish RSI divergence on 4H time frame, USDJPY is currently extremely bullish. It has started printing higher highs and higher lows which according to Dow theory is a clear indication of a continuing bull trend. Projection of AB=CD pattern and targets are mentioned on the chart.
Bearish RSI divergence has appeared on 15 min time frame, and this could potentially trigger a bearish rally. Targets are mentioned on the chart.
USDJPY is currently in strong bearish momentum and is warming up for a bearish rally. It has started printing lower highs and lower lows. The trend is expected to continue. Targets are mentioned on the chart.
Bullish RSI divergence has appeared on 1H time frame, indicating a trend reversal from here. Targets are mentioned on the chart.
Gold is currently printing new lower highs and lower lows. According to Dow theory the trend is more likely to continue downwards. Targets are mentioned on the chart.
ILP is currently in a strong bullish momentum, it has not broken its previous higher low and has reversed from slightly above it. This indicates that there is still ample room for upward movement. According to AB=CD projection, target price for this rally is around 90. Entry and Take Profit points are mentioned on the chart.