WaqasWasi

WaqasWasi

A strong Bat Pattern has been observed with clear divergence on RSI on the 1 hour timeframe. Trade Plan: Short Entry: 0.59947 SL: 0.60519 TP1: 0.59370 TP2: 0.58800

WaqasWasi

AUDCAD has been trading in a strong Bullish Trend. After a short period of retracement at the 0.89791 price level, the Bullish run has continued. Following the strong Bullish run, the price action has formed an AB=CD pattern, following which strong divergence has been observed on the RSI on the 1 hour timeframe, hinting a strong reversal into a Bearish trend, if...

WaqasWasi

NZDCAD has been trading in a strong Bullish Trend. After a short period of retracement at the 0.81720 price level, the Bullish run has continued. Following the strong Bullish run, the price action has formed an AB=CD pattern, following which strong divergence has been observed on the RSI on the 1 hour timeframe and a Double Top pattern has emerged, hinting a...

WaqasWasi

Trade Plan: Short Entry: 1.80476 SL: 1.81065 TP1: 1.79890 TP2: 1.79300

WaqasWasi

EURCAD has been trading in a Bullish Trend. Following a strong Bearish Divergence on the RSI, a clear Double Top Pattern has been formed, hinting a Bearish reversal. Trade Plan: Short Entry: 1.46732 SL: 1.47302 TP1: 1.46162 TP2: 1.45590

WaqasWasi

AUDCAD has been trading in a strong Bullish Trend. No Divergence has been observed on the RSI. A clear Cup & Handle Pattern has formed which confluences the continuation of the Bullish Trend. Trade Plan: Long Entry: 0.89784 SL: 0.89013 TP1: 0.90550 TP2: 0.91330

WaqasWasi

EURGBP has been trading in a strong Bearish Trend, printing new LLs and LHs. Following Bullish Divergence on the 1 Hour TimeFrame, a strong Double Bottom Pattern has emerged, hinting potential reversal to a Bullish Trend. If a breakout of the neckline at the 0.85574 level is seen, price can potentially move close to the 0.86170 level. Trade Plan: Long Entry:...

WaqasWasi

EURGBP has been trading in a strong Bearish Trend, having formed a Bearish Flag Pattern which further confirms the continuation of the downward trend. If the price breaks through the 0.85246 level, it is projected to move close to 0.84590. Trade Call: Short Entry: 0.85246 SL: 0.85573 TP1: 0.84920 TP2: 0.84590

WaqasWasi

XAUUSD has maintained a robust bearish trajectory without any discernible divergence noted on the 1-hour timeframe. Notably, recent price action has exhibited the formation of a bearish rectangle pattern, reinforcing the prevailing downtrend. A potential scenario could unfold if the price breaches the 2287.91 level, potentially extending the downward movement...

WaqasWasi

Trade Call: Short Entry: 0.64801 SL: 0.65393 TP1: 0.64210 TP2: 0.63620

WaqasWasi

XAUUSD has maintained a robust bearish trajectory without any discernible divergence noted on the 1-hour timeframe. Notably, recent price action has exhibited the formation of a bearish rectangle pattern, reinforcing the prevailing downtrend. A potential scenario could unfold if the price breaches the 2287.91 level, potentially extending the downward movement...

WaqasWasi

EURAUD has been trading in a strong Bearish Trend. A Symmetrical Triangle Pattern has been observed on the 1 hour timeframe, which further confirms the continuation of the downward trend. If price breaks through the 1.62855 level, a short position should be triggered as follows: Trade Call: Short Entry: 1.62855 SL: 1.63837 TP1: 1.61870 TP2: 1.60890

WaqasWasi

USDCAD has been trading in a strong Bearish Trend. No divergence has been observed on the RSI on the 1 hour timeframe. A clear Bearish flag has been formed, indicating continuation of the Bearish Trend. If the price breaks through the 1.36285 level, a Sell trade should be triggered as follows: Trade Call: Short Entry: 1.36285 SL: 1.36787 TP1: 1.35780 TP2: 1.35280

WaqasWasi

The NZDUSD has demonstrated a robust uptrend, with recent observations of divergence on the 1-hour timeframe. Subsequently, a discernible double top pattern has emerged, signaling a potential conclusion to the bullish phase and a prospective transition to a bearish trajectory. In the event of a neckline breach, the recommended trade stance is to initiate a short...

WaqasWasi

The AUDUSD pair has been exhibiting a robust uptrend characterized by consistently forming higher highs (HHs) and higher lows (HLs). However, a notable divergence was identified on the 1-hour timeframe, signalling a potential shift in momentum. Subsequently, a prominent Double Top Pattern has emerged, suggesting a possible reversal of the prevailing trend,...

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A Head and Shoulder pattern has been observed on EURNZD on the 1 hour time frame, following Bearish Divergence earlier, hence confirming a trend reversal, if the price breaks through the neckline. Trade Call: Short Entry: 1.79589 (Sell Stop) SL: 1.80519 TP1: 1.78689 TP2: 1.77789

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GBPAUD has been trading in strong Bearish Trend, however divergence has been observed, followed by a Double Bottom Pattern, which further confirms a reversal in trend. Trade Call: Long Entry: 1.92251 SL: 1.90842 TP1: 1.93651 TP2: 1.95051

WaqasWasi

EURUSD has been trading in a strong Bearish trend. Divergence has been observed, following which a falling wedge patterns has been observed further confirming a trend reversal to Bullish. Trade Call: Long Entry: 1.06899 SL: 1.06094 TP1: 1.07704 TP2: 1.08509