Fahim-ahmed

Fahim-ahmed

Strategy should be to go for short and if it breaks 155.15 than we should exit as our our stop loss will hit. This strategy is made based on dow theory and trend line. You can view my chart for further understanding.

Fahim-ahmed

Based on trend analysis we may see profit taking around USD 2,900 as it is a strong resistance area.

Fahim-ahmed

Great rally by Bitcoin we may see profit taking above 42000.

Fahim-ahmed

I have shared the reason of why bears are still in control on chart.

Fahim-ahmed Updated 

If you are defensive trader or want to mitigate the risk than this chart is for you.

Fahim-ahmed

Based on analysis, it seems that this share is in bearish trend. Better to wait for good days. I have put my analysis details on chart.

Fahim-ahmed Updated 

I have used HH HL method to identify bullish run. Hope for best

Fahim-ahmed Updated 

Based on LH LL technique I believe it should go down

Fahim-ahmed

We should wait for next HL for entry but can enter right now with stop loss mentioned in the chart

Fahim-ahmed Updated 

I have used simple LH and LL technique to make decision. Hopefully it will work

Fahim-ahmed Updated 

Based on LH - LL technique, should be short sell with stop loss mentioned in the chart

Fahim-ahmed Updated 

It seems that Currency will show bearish trend

Fahim-ahmed Updated 

Based on HH HL technique I believe long position should be taken