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.
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.
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.
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.
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.
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.
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....
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.
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.
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.
Price was in a downtrend, however the bulls seem to have won control of the price action after the emergence of a bullish divergence which led to the break of previous lower high. If the momentum persists then we can expect a bullish reversal from here as per Dow theory. Targets are mentioned on the chart.
Price was in a strong uptrend, however a matured bearish divergence on four hourly time frame seems to be at play here as previous higher low is successfully broken. If the bears continue to asset their dominance then we can expect a bearish rally as per Dow theory. Targets are mentioned on the chart.
Price was in a good uptrend, however the bearish divergence hinted the control of bears which was further affirmed by the break of previous higher low. If the bears continue to assert similar pressure we can expect further slide in price as per Dow theory. Targets are mentioned on the chart.
Price was in a strong downtrend, however a matured bullish divergence hints that bulls are assuming control of the price action. If previous lower high is broken successfully, then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.
A strong downtrend seems to be exhausted as bullish divergence emerged on both daily and four hourly time frames. The bulls seem to be in control on the four hourly time frame as previous lower high is successfully broken and a higher high is printed instead. If the bullish momentum continues we can expect a bullish rally as per Dow theory. Targets are mentioned...
Price was in a strong uptrend, however a bearish divergence led to the break of previous higher low indicating control of bears on price action. If the momentum sustains then we can expect further drop in price as per Dow theory. Targets are mentioned on the chart.
Price was in a strong uptrend, however the bearish divergence on four hourly time frame led to the break of previous higher low, indicating bearish control. Moreover, there is also bearish divergence on daily time frame. If the freshly printed lower low is breached, then we can expect further downside in price action as per Dow theory. Targets are mentioned on the chart.
Price was in a good uptrend, however the bearish divergence on four hourly time frame hinted the bearish control, which was validated by the break of previous higher low. If the bearish momentum sustains then we can expect further downside in price action. Targets are mentioned on the chart.