GOLD seems to follow a 7 day pattern. Still on track after 3 days.
AUDCAD seems to go bullish. A Divergence is visible on RSI along with Falling Wedge. 3 white soldiers on candle stick pattern are visible as well. Will it go bullish?
CADJPY is in Bullish Trend for a long time. After analyzing, it seems to go bearish after making the last HH. A divergence on RSI shows a reversal. If it breaks the previous HL, it will go bearish. Sell Stop at neckline.
FX:AUDUSD Current Trend AUDUSD is in Bearish Trend. A Bullish Divergence can be seen with Double bottom indicating a bullish reversal. If the trend breaks the neckline of previous LH , It will go Bullish. Entry to be taken at the neckline with stop loss defined at previous LL. Risk Percentage : 2%
After a Bullish run, A divergence can be seen on RSI along with a rising wedge pattern. A possible reversal may result and entry can be taken at Previous HL to make sure that trend is broken.
CADJPY was in Bearish run. It seems that It will go Bullish if the trend breaks at 99.835. Analysis A Divergence can be seen on RSI indicator. Also a double bottom reversal pattern indicates a possible reversal. To make sure, trend needs to break the previous LH and then it will rally towards estimated TPs. Entry can be taken on below mentioned...
EURCAD, after a bullish run, a bearish divergence can be seen which might result in the reversal if the trend breaks previous HL. A double-top presence can be added as a factor in reversal.
AUDUSD seems to go further up. Fibonacci retracement can be noted at 0.618 along with Harmonics AB=CD which shows the potential reversal zone.
CADJPY going bearish. Took the trade at 101.806. Trend was initially bullish but there is a bearish divergence and trend made its first LL. A rising wedge can also be seen as a reversal pattern. Entry (Sell Stop) : 101.219 Stop Loss : 101.806
ETHUSD broke the trend and made a new LH and LL. It seems to continue to go bearish with the projection price of 1847. It might go a little low beyond 1847 as well. Entry Point at Previous LL : Sell Short 1876.9 Stop Loss : 1904.7 TP 1 : 1847
Divergence can be seen on 30 min chart. Buy Stop at previous LH to make sure that trend is broken. Tweezers bottom can also be seen just before the divergence.
CADJPY went bullish with trend continuity and now reversal is visible. Using Harmonics AB = CD, PRZ was identified with projection. Double Top as a hint and Shooting star can be seen at HH. Projection is upto 98.04.
Gold was in Bearish trend and then we can see a divergence with Double bottom identification which leads to a trend reversal. Entry should have been taken at the neckline but if you missed it, it can be bought at market price. Projection seems somewhere around 2018 mark.
Projection using Harmonics AB = CD with defining potential Reversal Zone for META. No Divergence until PRZ and seems pattern will continue till PRZ.
USDCHF started making Higher Highs and Higher Lows on 1 Hr chart and then we can see a double top with the divergence. It can result in dipping with sellers' control. Following points can be considered. Sell Stop : 0.91861 Stop Loss : 0.92228 TP 1 : 0.91676 TP 2 : 0.91488 Projection : 0.91488 Risk 2%
Gold was in bearish and then picked up some buying and going bullish but from Analysis, it will further go bearish with the marked projection. Bearish flag with no divergence shows the trend continuity. Following can be the trading points: Entry Sell Stop : 1942 Stop Loss : 1978 TP 1: 1905 TP 2 : 1892 Projection price : 1892
CADJPY was in bullish run, then a drop but according to the analysis, there is no divergence and bullish flag can be seen which can result in trend continuity and can further go bullish. Projection of trend has been marked on the chart for reference.
Trend Reversal can be predicted on USDCHF after seeing Divergence on RSI with falling wedge. Entry Point (Buy Stop): 0.91807 Stop Loss: 0.91136 TP 1: 0.92478 TP 2: 0.93149 Risk 2% Lot Size: 0.14