Fahad-Rafique

Fahad-Rafique

Price has given a good breakout following the bullish RSI divergence on daily time frame, first higher high is printed successfully, and if the momentum sustains we can expect new highs. Targets are mentioned on the chart.

Fahad-Rafique

Price has given a good breakout, and the bullish RSI divergence seems to be playing out well on the chart. First higher high is printed smashing the previous lower high, price would dip a bit define a higher low before moving to new highs as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price has given a good breakout and bulls seem to be in control of the price action. If the bullish momentum sustains like this we can expect new highs for the price. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong downtrend, however now the bullish RSI divergence seems to playing out, as the trendline is broken successfully followed by a higher high, which according to Dow theory marks the beginning of a bullish rally. Targets are mentioned on the chart.

Fahad-Rafique

Price has broken the ascending trendline after bearish RSI divergence appeared on four hourly time frame, and has also defined a lower low, which according to Dow theory marks the beginning of a bearish rally. Targets are mentioned on the chart.

Fahad-Rafique

Price has been in a downtrend for quite some time, however a big bullish RSI divergence has appeared on the four hourly time frame, indicating that bulls might be in control of the price action. Previous lower high is broken, and if the momentum sustains we can expect a bullish rally as per the Dow theory.

Fahad-Rafique

Bearish RSI divergence seems to be at play as previous lower highs is broken and as soon as the trendline breaks we can expect more downside movement as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price has given a good breakout after bullish RSI divergence appeared on daily time frame, previous lower high is broken successfully and if the same momentum continues, we can expect a bullish rally from here. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong downtrend printing lower highs and lower lows. However, the bullish RSI divergence on daily time frame suggested that bulls are waking up to the calling, and have managed to break the descending trendline and print a higher high. Price would now most likely define a higher low, before moving upwards to new highs. Targets are mentioned on the chart.

Fahad-Rafique

Price was in an uptrend, however a bearish divergence led to the break of not only previous lower high but also the trendline. Bears seem to be in control of the price action and hence if the momentum continues we can expect further slide in the price action. Targets are mentioned on the chart.

Fahad-Rafique

Price has broken the trendline, and is consistently printing lower highs and lower lows, with no divergence on RSI the trend is likely to continue as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was respecting the declining the descending trendline, however the bullish RSI divergence on daily time frame signaled that bulls are trying to win control of the price action, and the break of trendline and previous lower high confirmed it. Price has defined a higher high and if the bullish momentum sustains we can expect a bullish rally as per Dow theory....

Fahad-Rafique

Price was in a strong uptrend, but a matured bearish divergence indicated that bears were working their way, and managed to not only break the ascending trendline but also printed a lower low followed by a lower high. If bears continue the pressure, we can see more downside in price action. Targets are mentioned on the chart.

Fahad-Rafique

A bullish divergence seems to be at play as the price has given a good break out. First higher high followed by a higher low is printed indicating the control of bulls. If this momentum sustains then we can expect further highs as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong down trend, however a bullish RSI divergence on daily time frame, indicates that bulls are trying to assume control of the price action, and they have successfully managed to break previous lower high. If the bulls continue to assert pressure, we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong down trend, however a matured bullish divergence signals that bulls are trying to win control of the price action, and if they succeed in doing so, we can expect a bullish rally from here, after the break of previous lower high. Targets are mentioned on the chart.

Fahad-Rafique

Price was moving in a declining phase, however a bullish RSI divergence appeared on daily time frame, which led to the break of previous lower high and now bulls are in control of the price action. If this freshly printed higher high is broken successfully, then we can expect aa bullish rally. Targets are mentioned on the chart.

Fahad-Rafique

Price is consistently printing higher highs and higher lows, and with no divergence on RSI we can expect another leg up as per Dow theory. Targets are mentioned on the chart.