Muhammad_Wasif_Fayyaz

Muhammad_Wasif_Fayyaz

Bullish Indications 1. Making HH and HL 2. Making strong bullish candles. 3. Broke its resistance of 0.68998

Muhammad_Wasif_Fayyaz

Bearish Indications 1. Making LH and LL. 2. Going in a descending channel.

Muhammad_Wasif_Fayyaz

Bearish Indications 1. Making LH and LL. 2. Has resistance at 141.170 3. Currently at 0.618 fib retracement resistance level. 4. Rsi shows bearish divergence.

Muhammad_Wasif_Fayyaz

Bearish Indications 1. Making LH and LL. 2. Strong bearish candles. 3. Broke its 1.54364 support which is now acting as a resistance.

Muhammad_Wasif_Fayyaz

Going short as per the following Bearish Indications 1. Lower high and lower low. 2. Strong bearish candles now. 3. Taking 0.618 fib retracement level as a valid resistance at 159.50 4. Rsi is showing bearish divergence.

Muhammad_Wasif_Fayyaz

Going short as per the following Bearish Indications 1. Making lower highs and lower lows. 2. Giving bearish candles on previous highs and current as well. 3. Broken its support of 83.623 which is now acting as a resistance. 4. RSI is giving bearish divergence.

Muhammad_Wasif_Fayyaz

Going short as per the following Bearish Indications 1. It is making lower low and lower high 2. Giving strong bearish candles now and on previous lower highs 3. Broke its support of 0.62414

Muhammad_Wasif_Fayyaz

Going short as per these Bearish Indications 1. Making Lower highs and Lower lows. 2. Making strong bearish candles on previous lower highs. 3. It broke its supports of 141.448 and 139.866 now 141.448 will act as resistance. 4. It is giving bearish divergence.

Muhammad_Wasif_Fayyaz

Going short as per these Bearish Indications 1. Making Lower Low and Lower High. 2. Strong bearish candles on previous lower highs and currently giving bearish candles as well. 3. Broken its strong supports of 1.0549 and 1.0595 4. Going in a descending channel. 5. After the bull run it was in a distribution phase and gave a downward breakout showing the trend reversal.

Muhammad_Wasif_Fayyaz

Going short as per the reasons mentioned on the chart.

Muhammad_Wasif_Fayyaz

Going short as per the reasons mentioned in the chart.

Muhammad_Wasif_Fayyaz

Going short as per the reasons mentioned here 1. Making lower highs and lower lows. 2. Currently giving strong bearish candles and also showing bearish candles on the previous highs. 3. Violated a major support region which will serve now as a resistance region. 4. Bounced back from 0.386 fib retracement level. 5. Making a rising wedge pattern indicating...

Muhammad_Wasif_Fayyaz

Going short as per the following bearish Indicators 1. Was making higher highs and lows but broke its previous higher low 2. Currently making bearish candles. 3. Has a resistance region between 84.043 and 83.931 4. Bounced back from 0.5 fib retracement level and currently broke the 0.236 fib support as well. 5. Making a rising wedge which indicates a bearish...

Muhammad_Wasif_Fayyaz

Going short as per the following bearish Indicators 1. It violated the ascending channel trend line. 2. Has strong resistance region as per the 4hr and daily time frames. 3. It has bounced back from the 0.618 fib resistance level. 4. Making a rising wedge indicating a bearish trend continuation.

Muhammad_Wasif_Fayyaz

Provide both short and long plans depending upon the chart behavior but personally, I am biased towards the long one.

Muhammad_Wasif_Fayyaz

Going short as per reasons mentioned in the chart.

Muhammad_Wasif_Fayyaz

I have chalked out both long and short plans let's see how the chart behaves.

Muhammad_Wasif_Fayyaz

Going short as per reasons mentioned in the chart.