SohailChaudhary

SohailChaudhary

RSI Bullish Divergence: RSI shows a bullish divergence, indicating that although the price has been making lower lows, the RSI has been making higher lows. This suggests that the downward momentum is weakening, and a potential reversal to the upside may be forming. Trendline Break: A break above a significant downtrend line signals a shift in market sentiment...

SohailChaudhary

Trendline Break: DOTUSD breaking above a significant trendline suggests that selling pressure has decreased and buyers are gaining control. This is often an early indication of a trend reversal or the beginning of an uptrend. Accumulation Phase Complete: DOTUSD has completed an accumulation phase, this implies that buyers have been steadily accumulating positions...

SohailChaudhary

RSI indicates Bullish Divergence. Which means that at any time the market trend can change to HH and HL.

SohailChaudhary

The Relative Strength Index (RSI) is showing bullish divergence, which indicates that while price has been making lower lows, the RSI is making higher lows. This signals a potential reversal to the upside as selling momentum weakens. AUDCAD has broken above a significant downward trendline, suggesting a shift in momentum from bearish to bullish. This is often a...

SohailChaudhary

Higher Highs (HH) & Higher Lows (HL): The pattern of higher highs and higher lows is an indication of an uptrend, showing that the buying momentum is strong. Trendline Break and Retest: The break above a key trendline signals a shift in market sentiment toward the upside. A retest of this trendline provides an opportunity to confirm the trend change as previous...

SohailChaudhary

The first higher high after a downtrend indicates a potential trend reversal to the upside. It shows that buyers are starting to regain control, signaling the possibility of a new bullish trend. Trendline Break: A break above a significant trendline further confirms the shift in sentiment from bearish to bullish. The trendline break signifies that selling...

SohailChaudhary

Range Breakout: The pair has been trading within a range, and the breakout from this range signals potential bullish momentum. A breakout indicates that the price is ready to move out of its consolidation phase, with buyers now in control. Trendline Breakout: The price breaking above a key trendline further confirms a shift from a bearish or neutral market...

SohailChaudhary

Seasonality Analysis: Historical data suggests a Bullish seasonality for EURAUD during this period, indicating a higher likelihood of Upward movement in the pair. RSI Bullish Divergence: The Relative Strength Index (RSI) is showing a Bullish divergence. This occurs when the price is making LL and LH, but the RSI is making HH and HL, signaling that the Downward...

SohailChaudhary

4H Trendline Break: The break of a significant trendline on the 4-hour chart suggests a potential reversal in trend from bullish to bearish. This is a key signal that the buying momentum may be weakening and selling pressure could increase. Break of Higher Low (HL): The break below a higher low is an indication that the uptrend has been invalidated, and the...

SohailChaudhary

Key Resistance Level: CADCHF has approached or recently touched a key resistance level, indicating a potential ceiling where the price might struggle to move higher. Break of Higher Low (HL): The price has broken the series of higher lows, which suggests that the bullish trend is weakening and selling pressure is increasing. Printing a New Lower Low (LL): The...

SohailChaudhary

NZDCAD is looking in Bullish Trend as it is printing HH and HL

SohailChaudhary

4H Bullish to Bearish Trend Shift: The USDJPY pair has shown a shift from a bullish trend to a bearish trend on the 4-hour chart, which is typically a strong signal of a potential downside move. This trend shift can be confirmed by price breaking a series of higher lows (HL), signaling the start of a bearish move. Break of Key Trendline: A significant trendline...

SohailChaudhary

RSI indicates Bearish Divergence. EURCHF is looking in Bearish Trend as it is printing LH and LL

SohailChaudhary

RSI indicates Bearish Divergence. Which means that at any time the market trend can change to LL and LH. Trendline Break: The price is approaching a key trendline, and a break below this trendline would indicate a shift from the current uptrend to a downtrend. This break would act as confirmation for entering a short position. Trade Setup: Entry: Use a sell...

SohailChaudhary

Seasonality Analysis: Historical data suggests a bearish seasonality for GBPCAD during this period, indicating a higher likelihood of downward movement in the pair. RSI Bearish Divergence: The Relative Strength Index (RSI) is showing a bearish divergence. This occurs when the price is making higher highs, but the RSI is making lower highs, signaling that the...

SohailChaudhary

Seasonality Analysis: Historical data suggests a bearish seasonality for AUDCAD during this period, indicating a higher likelihood of downward movement in the pair. RSI Bearish Divergence: The Relative Strength Index (RSI) is showing a bearish divergence. This occurs when the price is making higher highs, but the RSI is making lower highs, signaling that the...

SohailChaudhary

Seasonality Analysis: GBPJPY shows a historical tendency to decline during this period, indicating a bearish seasonal pattern. Fundamental Analysis: The Japanese Yen (JPY) is currently bullish due to strong economic fundamentals, such as improving economic data, potential safe-haven flows, or more hawkish monetary policy expectations from the Bank of Japan. On...

SohailChaudhary

Seasonality Analysis: Historical data suggests a bearish seasonality for GBPCAD during this period, indicating a higher likelihood of downward movement in the pair. RSI Bearish Divergence: The Relative Strength Index (RSI) is showing a bearish divergence. This occurs when the price is making higher highs, but the RSI is making lower highs, signaling that the...