As we can see EUR/GBP is in a bearish trend, now bullish divergence has been printed on the chat. We can expect a reversal from here. Buyers will be in control above 0.86945, if it breaks the 0.867197 level we can expect a continuation of the bearish trend.
We have observed three consecutive lower highs and lower lows in the descending channel Sellers will remain in control below the last lower high at 1.09856
We can see it was a bearish trend previously and it has printed a Bearish flag with no divergence so it will be a continuation of the bearish trend.
Trade setup Entry Point: 1.26029 Stop Loss: 1.26353 Take Profit: 1.25697
USD/ZAR: Technical Outlook We have observed a bullish divergence after a 1.58% drop Price action has already created the first higher high waiting for the restest, will take a trade above the last higher high at 18.3571 Buyers will remain in control above the 18.16782 Trade Plan Stop Loss: 18.16782 Entry Level: 18.35715 Take Profit: 18.54778
USD/JPY: Technical Outlook We have observed a bullish divergence after a 3.2% drop If the price action breaks the last lower high which is at 134.958 then we can expect a trend reversal toward the upside Buyers will remain in control above the 133.503 Trade Plan Stop Loss: 133.503 Entry Level: 134.958 Take Profit: 136.413
USD/CAD: Technical Outlook We have observed a harmonic reversal pattern We can observe the bearish divergence at the PRZ Sellers will remain in control below the 1.36429 Stop Loss: 1.36429 Entry Level: 1.35817 Take Profit: 1.35204
GBP/USD: Technical Outlook We have observed three consecutive lower highs and lower lows in the decending channel Sellers will remain in control below the last lower high at 1.25138 If the last lower low at 1.25138 breaks then we can expect a reversal Trade Plan Stop Loss: 1.25138 Entry Level: 1.24795 TP 1: 1.24452 TP 2: 1.24109
USD/ZAR: Technical Outlook We have observed bearish divergence as well as forming of a Harmonic reversal pattern The Price action is at PRZ Waiting for the breakout of the PRZ taking a sell-stop trade Sellers will remain in control below 18.3305 Trade Plan Stop Loss: 18.5377 Entry Level: 18.44389 TP 1: 18.35008
AUD/USD: Technical Outlook The price action has given a break out after the bullish divergence and printed the first higher high and higher low. Buyers will remain in control above the neckline support. While forming the cup and handle, we observed a bullish divergence. The upside trend remains valid above 0.66213. Trade Plan Stop Loss: 0.66212 Entry Level:...
WTI/USD: Technical Outlook The price action has given a break out after the bullish divergence and printed the first higher high and higher low. Buyers will remain in control above the neckline support. Before forming a double bottom, we observed a bullish divergence. The upside trend remains valid above 74.40 Stop Loss: 74.4 Entry Level: 76.95 Take Profit: 79.51
Looking at the recent price action on AUD/USD prints a clear FALLING WEDGE pattern Trend: Bearish trend with consecutive Lower Highs and Lower Lows Divergence: Bullish divergence found Pattern: Reversal pattern FALLING WEDGE Confirmation/Breakout: Waiting for it Account Size: 10300 Risk: 1% Amount at Risk: 103 USD Sizing: 0.335 Lots R:R = 1:1 Entry Point:...
Looking at the recent price action on BTC/USDT prints a clear bearish flag formation. - Trend = Downward - Divergence = Not found - Pattern = Bearish Flag - Breakout/Confirmation = Waiting for it Account Size: 10300 Risk: 1% + 1% = 2% Amount at Risk: 206 USD Sizing 1: 0.115 Lots Sizing 2: 0.115 Lots R:R = 1:1 Entry Point: 27004.33 Stop Loss: 27911.84 Take...
In this chart, we can see the CRAB harmonic pattern printed, it's a bearish reversal chart pattern. At the moment price action is between the PRZ , we can also see the bearish divergence printed at the PRZ. The entry point will be just below the PRZ, and the stop loss will be above the higher high of the PRZ. Take profit according to risk to reward...
In this chart, you can see the GBP/USD divergence characteristics. It's respecting the divergence and we see a reversal from that point. I am going to take entry at the first higher high that is printed and mark a stop loss at the previous lower low, take profit will be according to the risk-reward ratio. Trade signal mentioned below Account Size: 10400 Risk...
Trend: Bullish trend with consecutive Higher Highs and Higher Lows Divergence: No divergence was found Pattern: Continuation pattern ASCENDING TRIANGLE Confirmation/Breakout: Waiting for it Execution: As per the given signal below Account Size: 10300 Risk Percentage: 1% Amount at Risk: 103 USD Sizing: 1.171 Lots Entry Point: 2130.59 Stop Loss: 2042.65 Take...
Trend: Bullish trend with consecutive Higher Highs and Higher Lows Divergence: Bearish divergence found Pattern: Reversal pattern RISING WEDGE forming Confirmation/Breakout: Waiting for it Execution: This is a tentative plan waiting for confirmation/breakout to adjust the trade signal Account Size: 10300 Risk Percentage: 1% Amount at Risk: 103 USD Sizing: 0.099...
We can see the Bullish trend with 4 consecutive Higher Highs and Higher Lows. If this trend continues we will take the trade as per the mentioned analysis below. Account Size: 10300 Risk Percentage: 1 + 1 = Total 2 Percentage Amount at Risk: 103 USD Sizing: 0.0689 Lots Amount at Risk: 103 USD Sizing: 0.0689 Lots Total Amount at Risk: 206 USD Total Lot Size:...