Muhammad_Wasif_Fayyaz

Muhammad_Wasif_Fayyaz

Going long as per the reasons mentioned in the chart.

Muhammad_Wasif_Fayyaz

Going short as per reasons mentioned in the chart.

Muhammad_Wasif_Fayyaz

Both long and short plans are mentioned according to the future situation of the chart.

Muhammad_Wasif_Fayyaz

Going short as per reasons mentioned in the chart.

Muhammad_Wasif_Fayyaz

Going short because of reasons mentioned in the chart.

Muhammad_Wasif_Fayyaz

Going long in this because of the reasons mentioned in the chart.

Muhammad_Wasif_Fayyaz

Going bullish in this because of the reasons mentioned in the chart.

Muhammad_Wasif_Fayyaz

I mentioned all the reasons in the chart why I think it is bearish.

Muhammad_Wasif_Fayyaz

Taking long trade because the bullish indicators are way more than the bearish indicators. All reasoning is mentioned on the chart.

Muhammad_Wasif_Fayyaz

I have projected that it is making a cup pattern and currently it is moving in a bullish rally making higher highs and higher lows so I have put the take profit level according to the cup pattern and the stop loss according to the previous higher low furthermore I have checked the MACD which shows no divergence.

Muhammad_Wasif_Fayyaz

It is going in the bullish trend already made a rising wedge once and continues the trend so I took a long trade.

Muhammad_Wasif_Fayyaz

It is making a cup pattern from march 22 up till today and the resistance line highlights that level but I have highlighted another cup inside this bigger trend and the rally is still continuing pretty well that's why I have opened a long trade.

Muhammad_Wasif_Fayyaz

It is making rising wedges which indicate the trend continuation and I have marked the fib retracement levels as well which show that after the first retracement it retraced back to 0.236fib level and after the second retracement it retraced back to the 0.382fib level now I think it will continue the bearish trend that's why I have opened a short trade.

Muhammad_Wasif_Fayyaz

It has made a good ab=cd pattern which indicates its reversal and after that, it shows the bearish divergence on the D point furthermore after the D point it has started making lower highs and lower lows that's why I have taken a short trade.

Muhammad_Wasif_Fayyaz

It is going in the parallel channel making higher highs and higher lows although trend is very large but no signs of reversal like no bearish candles or reversal pattern plus no divergence shown on the oscillator that's why I have opened a long trade.

Muhammad_Wasif_Fayyaz

It is making a bearish flag pattern and after getting out of the sideways market it has continued its bearish trend and still making lower lows and lower highs that's why I have opened a short position furthermore is showing no divergence on the oscillator.

Muhammad_Wasif_Fayyaz

Making a double top means the trend will be bearish and also makes a bullish bat that's why I have opened a short trade.

Muhammad_Wasif_Fayyaz

The market is sideways and it is making a good bearish flag pattern and I think the trend will continue to be bearish that's why I have opened a short trade.