Fahad-Rafique

Fahad-Rafique

Price was in a downtrend on daily time frame, however, the months old descending trendline is broken, hinting the return of bulls. The notion is further validated by the emergence of a bullish divergence along with a double bottom reversal pattern. If previous lower high is broken successfully then we can expect a bullish reversal as per Dow theory. Targets are...

Fahad-Rafique

Price is in an uptrend, however the bears seem to be assuming control of the price action as a bearish divergence along with a double top pattern is printed, hinting bearish control. 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 downtrend, however now it seems that bulls are trying to assume control of the price action as bullish divergence has emerged on both hourly and four hourly time frames. If previous lower high is broken successfully then we can expect a bullish rally as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price is bullish on daily time frame, and currently it has made a double bottom with bullish divergence which hints that bulls are assuming control of the price action. First higher high is printed and if that is broken then we can expect a bullish rally as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price seems to have went down for a necessary retracement, on daily time frame it has retraced to the 0.382 Fib level, which is exactly the point where bulls assumed control of price action in last leg. Moreover, a double bottom formation with a bullish divergence further adds confluence to bullish sentiments. If previous lower high is broken then we can expect...

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.