A possible bullish continuation is expected as the retracement has test the level 0.38 of FIB and a possible AB=CD pattern may be formed for a bearish harmonic pattern at the PRZ (Point D).
AB=CD pattern is observed on the charts but the Potential Reversal Zone is being broken and price continued to rise high
A possible trend continuation in the bearish side is expected keeping in view the formation of Bearish Rectangular Flag and no RSI divergence.
The analysis is being done on the basis of Bullish Rectangle Flag formation pattern and no RSI divergence is seen on the chart. Hence a possible continuation of trend is expected
A formation of Bearish Flag is seen on the Hourly Timeframe wherein a possible trend continuation is expected as the RSI is not showing any divergence and Bearish Flag is formed .
FIB is showing a bearish move entry and the price is at the trend line in the overall bearish trend
Bearish Divergence is seen in the chart and a possible trend reversal is expected. Double Top is also forming at the top of the trend which depicts a possible bearish move.
The chart has been analyzed on the basis of Support and Resistance .
The chart has been analyzed and a reversal rising wedge has been observed. a possible sell stop setup is on the cards ... the entries are defined with the stop loss to minimize the risk .
GBPUSD Chart has been analyzed where an inverted Head & Shoulder chart reversal is spotted with RSI Divergence.
EURAUD chart has been analyzed where a possible bearish divergence is spotted. it seem a reversal is expected as a double top is being observed at the higher side.
The chart of the GBPCHF has been analyzed with the help of Support and Resistance and the pending order for a possible break out in either direction has been figured out for a possible 1:1 risk reward..
the Chart of EURCAD has been analyzed on the basis of the Support and Resistance drawn on a 4 Hour Chart. The pending order of Sell Stop and Buy Stop are being placed to play the setup and hopeful for a rocket drive.
A possible trend reversal in the bullish side is expected .
Divergence is seen in the chart of EURCAD. This for education purpose only
The EURNZD looks like continuation of the bearish trend. A possible entry shall be around the 1.78 mark wherein the FIB has a level of 0.38
the charts have depicted continuation of the bearish trend for the EURGBP pair wherein we have spotted a bearish engulfing bar at the HL which seems a good entry point for booking further profits.
AUDUSD sell setup is spotted using Trend Line and Fib Retracement tools. it looks like that AUDUSD is ready for a noise dive