ADA is currently in a down-trend, as bearish RSI divergence has appeared on daily time-frame. The trend is expected to continue further as lower highs and lower lows are printed on the chart. Targets are mentioned on the chart.
BTC is currently bearish on weekly time frame, as it has formed a bearish RSI divergence, which means that trend could potentially reverse from here. Targets are mentioned on the chart. P.S Analysis is done on weekly time frame, and hence could take 2-3 months to play out
GALA is currently in a bearish trend and it is printing lower highs and lower lows. The trend is expected to continue further. Targets are mentioned on the chart
USDJPY is currently extremely bearish, as RSI divergence has appeared on 4H time frame, and with DXY struggling at the moment, it seems that the Yen would get stronger in coming days. If the price successfully prints a new lower high followed by a lower low and also breaks the trendline, it would confirm trend reversal and could lead to a new bearish rally....
GBPUSD has broken its bearish trend after the formation of bullish RSI divergence, and has started a bullish rally afterwards. Currently it is printing higher highs and higher lows, and the trend is expected to continue as DXY gets weaker and BXY gains strength. Targets are mentioned on the chart.
FABL is currently in a strong up-trend and bulls are in complete control. According to Dow theory the trend is printing new higher highs and higher lows, with no RSI divergence on daily time frame, this bullish momentum is more likely to continue in coming days. Targets are mentioned on the chart.
EURUSD pair has currently broken its bearish trend and following a bullish divergence has formed new higher high, now it is moving back for retracement and is expected to define a new higher low at 0.382 fib retracement level of the current move (also our mentioned entry point). Moreover, DXY is also looking bearish which is a positive sign for Euro. Targets are...
TREET is currently extremely bullish on daily time frame as it has defined first higher high and higher low, which is a pre-requisite for a bullish rally as per Dow theory. The trend is most likely to continue and bulls will remain in charge for coming days and weeks. Targets are mentioned on the chart.
Gold is currently bearish as DXY gets stronger, moreover emergence of bearish RSI on 4H time frame further validates bearish move. Further, it has failed to break the previous lower high. Targets are mentioned on the chart.
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.