ShoibShafi

ShoibShafi

Hello Traders Hope you all are well. GBPAUD Long I have my observations on 1D Head & Shoulder as marked. Eyes on weekly resistance. Entry on breakout. 4H God Bless... Not a financial advice.

ShoibShafi

Hello Traders I hope you all are doing well. The idea here is about AUDCAD Long. I am most inclined towards price action, the moment we breakout. i will be taking the trade. Observations below Falling wedge (Waiting for breakout) Elliot wave 5-3 completed. (Considering last 1D candle taking support on trendline started on 21 Oct 2022) Harmonic...

ShoibShafi

Death Cross 1H Bearish Pitchfork 4H Bearish Elliot Wave 12H MACD crossover 12H Bearish Deep Crab & Nenstar 1D RSI landing from 75.26 to 45 1D Head & Shoulder 12H (Entry 1796)

ShoibShafi Updated 

White Swan Harmonic Pattern Observed. Support & Resistance (8H to 1W) Falling wedge (Contracting) observed on 8H. Bearish Ranging Channel (This can give us the perfect entry) on 8H MACD divergence on Weekly Chart RSI 47 on Weekly Chart EMA 20 crossing over MA200 Last cross was observed on 6 Jan 2022 Looking forward... The above is an...

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The idea here is about crude oil. I am short term bearish on crude oil due to following observation. 1. Cypher harmonic pattern completed on daily chart. The Cypher harmonic pattern is a technical analysis formation indicating a price-action reversal. The Cypher pattern, which can be either bullish or bearish, has five points (X, A, B, C, and D) and four legs...

ShoibShafi

• Contrary to popular opinion, a descending triangle can be either bearish or bullish. Traditionally, a regular descending triangle pattern is considered to be a bearish chart pattern. However, a descending triangle pattern can also be bullish. In this instance it is known as a reversal pattern. • How to Trade a Descending Triangle Pattern? Typically, the...

ShoibShafi

Hello I think this explains everything. Plan your Buy/Sell accordingly. All the best.

ShoibShafi

Hello I think chart speaks for itself. Plan your Buy/Sell accordingly. All the best.