Fahad-Rafique

Fahad-Rafique

A bearish divergence appeared on the four hourly time frame, followed by the break of previous higher low, signaling the control of bears. First lower low is printed and if that is broken, we can expect a bearish rally as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price has broken previous lower high, and it seems as though the bullish divergence is playing out. A higher high is printed and once this is broken we can expect further upside as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price has given a good breakout after a matured bullish divergence and has broken previous lower high and printed a higher high. According to Dow theory, price would not dip a bit to print a higher low, before starting its journey upwards again. Targets are mentioned on the chart.

Fahad-Rafique

A bearish RSI divergence seems to be at play here, as previous higher low is broken and the bullish momentum seems to be fading out. If the bears retain control then we can expect further downside in price action as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

A matured RSI divergence on four hourly time frame seems to be at play, as previous lower high is broken and bulls are in good control of the price action. According to Dow theory, if previous higher high is broken, then we can expect a good bullish rally from here. Targets are mentioned on the chart.

Fahad-Rafique

A bearish divergence seems to be at play here as pervious higher low is broken successfully, and a couple of lower lows are also printed. Bears seem to be in complete control of the price action, and hence a bearish rally is on the cards. Targets are mentioned on the chart.

Fahad-Rafique

A bearish divergence seems to be at play here, not only the previous higher low is broken, but also the ascending trendline indicating that bears have assumed control of the price action. If freshly printed lower low is broken, we can expect more bloodbath in coming days. Targets are mentioned on the chart.

Fahad-Rafique

ATRL seems to be gearing up for another bullish move, as bullish RSI divergence has emerged and matured at daily time frame, indicating the strong hold of bulls on the price action. If previous lower high is broken and a higher high is printed, we can expect a bullish rally as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

PRL has been moving downwards and bears had complete control, however the bullish RSI divergence on daily time frame, shows that bulls are waking up to the calling and trying to assume control of the price action. If the price managed to break previous lower high and prints a higher high instead then according to Dow theory it could mark the beginning of a bullish...

Fahad-Rafique

A bearish RSI divergence appeared on four hourly time frame, and now seems to be playing out as well. First lower low is printed after the successful break of previous higher low, if bearish momentum continues, we can expect a bearish rally asper Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in an uptrend, however a bearish divergence led to the break of last higher low and printed a lower low instead. According to Dow theory, the price is likely to continue its journey downwards as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price has broken previous higher low and it seems that bears are in control of the price action at the moment. Now according to Dow theory if freshly printed lower low is broken successfully, then we can expect further downside movement. Targets are mentioned on the chart.

Fahad-Rafique

A bearish divergence seems to be at play here, as the price broke previous higher low and printed a lower low instead, confirming the control of bears. According to Dow theory, the price would define a lower high and then continue its journey downwards. Targets are mentioned on the chart.

Fahad-Rafique

Bearish divergence seems to be at play as price has broken previous higher low and printed a lower low instead. If the bears maintain their control then we can expect further downside in price action as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a downtrend, however a matured bullish divergence seems to be at play, with previous lower high broken successfully and first higher high printed. According to Dow theory, the bullish momentum is likely to continue. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong uptrend, however the matured bearish divergence seems to be playing out as first lower low is printed successfully. Once that is broken, we can expect more downside in coming days as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price has given a breakout from the trendline, and has also broken previous lower high. Bulls are in control of the price action, and hence more highs are expected in coming days as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

A matured bearish divergence seems to be at play here, last low is broken successfully, and first lower low is printed. Price is defining a lower high currently, after which it will continue its move downwards as per Dow theory. Targets are mentioned on the chart.