ProTradeProfessor

ProTradeProfessor

Market is making series of HH and HL, however has market recently shown corrective move. FIB level rejection from 0.382 of Bullish rally is done. market has shown rejection signals followed by Formation of Bullish Hammer pattern near FIB Support level. market will Go till TP1 and TP2 once the drawn resistance level is broken. SL is below HL.

ProTradeProfessor

Market is forming series of LH and LL. Market is Below 200 EMA on 4H time frame indicating continuation of bearish trend. Further, RSI is synch with price movement indicating Bearish trend continuation. Market has tested Trend line rejection which is also FIB 0.382 level followed by formation of Bearish Engulfing pattern on 4H time frame. Entry @ current market...

ProTradeProfessor

Market is making series of LH and LL. DXY is Bullish which further confluence to bearish trend. market is 4H support level. if this breaks, market will test FIB Extension Levels as mentioned. market has also rejected from trend line resistance. HAPPY TRADES and ENJOY WEEKEND CALL.

ProTradeProfessor

Market is Making Series of LH and LL. Market has broken consolidation zone and retested Trendline resistance. Market has also rejected / tested 4H resistance level and it will most likely continue Bearish trend. Further DXY is Bullish and EXY is Bearish (which means market will take Bearish Move). TP1 and Tp2 are the FIB extension Levels market will test if it...

ProTradeProfessor

Market is making series of LH and LL. market has been rejected from TREND LINE resistance and also tested 4H RESISTANCE LEVEL (which is also a FIB 0.382 Golden Level). There is also a chart pattern i.e. Bearish Rectangle pattern which depicts market will continue moving bearish trend. Projected TPs are specified with Stop-loss above LH. HAPPY TRADING & PROFITS.

ProTradeProfessor

Market is making series of LH and LL indicating bearish trend continuation. Market is currently accumulating positions and it seems like it will break consolidation zone. Market is currently forming Bearish Rectangle pattern. Market is also testing trend line resistance.

ProTradeProfessor Updated 

Market has again broken consolidation phase and re-tested previous support level. RSI divergence is in synch and there is no bullish signal on 1H time frame. market is currently at 4H support level and seems like it will take corrective move till FIB level of 0.382 (which also coincides with drawn trend line). after Rejection from trend line and FIB 0.382 level it...

ProTradeProfessor

Market is making series of HL and HH. Bearish trend line is broken and market has also broken LH of the bearish trend. market is currently taking correction move and it can re-test good support level of fib and consolidation phase.

ProTradeProfessor

Market is forming its 1st LH and we are waiting to take entry at the formation of 1st LH. market is currently taking correction from good support level and most likely it will touch market " entry point" which is FIB Golden Level i.e. 0.38. After testing this resistance level it will continue rally downward till next support level marked at TP1, TP2 and TP3. SL...

ProTradeProfessor

Market is making Higher Low and revered from good SUPPORT level of FIB level 0.382 with formation of inverted hammer at this support. RSI Is also Synch with the chart at 1H time frame. market is forming Bullish Flag patter with projected target. DONT forget to put Stop LOSS below last confirmed HL. HAPPY TRADE CALL

ProTradeProfessor Updated 

BuyCall - Market is is consolidation phase. it will move upward after breakout

ProTradeProfessor

Market is in consolidation phase - it has tested support resistance level multiple time and no able to break it. Most likely market will break make a sharp rally DOWNSIDE after it break consolidation zone and then it will test the strong support level which is also FIB level as highlighted. Further sentiments of market are also in favors of BEARS so there are 90...

ProTradeProfessor

Market seems to be in accumulation phase with confluences of bullish divergence on 4h Time Frame. Further, if the market breaks out of consolidation phase, we can expect a rally till 4h resistance level at 0.57544. STOP loss can be market at 0.56052. Additionally, sentiments of market for this pair favors the BULL for more than 90 percent.

ProTradeProfessor

Hi Traders, Gold seems to Bearish. Following: 1- Series of LH and LL 2- Formation of Bearish FLAG Pattern 3- Trendline rejection 4- FIB 0.382 Golden Level rejection 5- IF the market break the 1st pole of Bearish Pattern, it can easily test next Daily support level as market. keep your STOP LOSS above the LH of FLAG.

ProTradeProfessor

1- Market is in consolidation phase (accumulation phase) 2- RSI Divergence on 4h and 1H time frame 3- COMPLETION OF AB=CD PATTERN 4- Market if break upper on consolidation phase , CAN EASILY TEST FIB RESISTANCE LEVEL

ProTradeProfessor

1- HH and HL 2- consolidation phase 3- price more likely to go up and test weekly resistance level

ProTradeProfessor

1- Series of LH and LL 2- Market is in consolidation phase 3- market, if breaks the consolidation phase, will most likely test weekly support level

ProTradeProfessor

1- Market has completed AB=CD pattern, 2- And consolidation phase started, 3- IF the market break the resistance of the zone, it would be a good buying opportunity 4- else, if the market breaks the support level of consolidation phase it will stay bearish 5- support and resistance marked are good level of FIB Retracements.