A descending triangle is a chart pattern used in technical analysis created by drawing one trend line connecting a series of lower highs and a second horizontal trend line connecting a series of lows. No sign of divergence so, we can easily rely on continuation pattren. Dow theory and reversal pattren will not play their role. SELL STOP VALUES: EP: 0.87748 SL:...
The bull flag pattern is a continuation chart pattern that facilitates an extension of the uptrend. The price action consolidates within the two parallel trend lines in the opposite direction of the uptrend, before breaking out and continuing the uptrend. No sign of divergence so, we can easily rely on continuation pattren. Dow theory and reversal pattren will not...
Bearish rectangles are continuation patterns that occur when a price pauses temporarily during an downtrend.No sign of divergence so, we can easily rely on bull flag continuation pattren. Dow theory and reversal pattren will not play their role. SELL STOP VALUES: EP: 0.60910 SL: 0.61202 TP1 = 0.60561 Sizing: 0.29 Lots
The bearish flag is a candlestick chart pattern that signals the extension of the downtrend once the temporary pause is finished. As a continuation pattern, the bear flag helps sellers to push the price action further lower. No sign of divergence so, we can easily rely on bull flag continuation pattren. Dow theory and reversal pattren will not play their...
The bearish flag is a candlestick chart pattern that signals the extension of the downtrend once the temporary pause is finished. As a continuation pattern, the bear flag helps sellers to push the price action further lower. No sign of divergence so, we can easily rely on bull flag continuation pattren. Dow theory and reversal pattren will not play its role....
Bearish rectangles are continuation patterns that occur when a price pauses temporarily during an downtrend. No sign of divergence so, we can easily rely on bull flag continuation pattren. Dow theory and reversal pattren will not play its role. SELL STOP VALUES: EP: 27174.68 SL: 27722.88 TP1 = 26626.42 TP2 = 26078.16 RISK @ 2% LOT SIZE: 0.2
Bearish rectangles are continuation patterns that occur when a price pauses temporarily during an downtrend. No sign of divergence so, we can easily rely on bull flag continuation pattren. Dow theory and reversal pattren will not play its role. SELL STOP VALUES: EP: 10.931 SL: 11.352 TP1 = 10.510 TP2 = 10.089 RISK @ 2% LOT SIZE: 219.80
The bull flag pattern is a continuation chart pattern that facilitates an extension of the uptrend. The price action consolidates within the two parallel trend lines in the opposite direction of the uptrend, before breaking out and continuing the uptrend. No sign of divergence so, we can easily rely on bull flag continuation pattren. Dow theory and reversal...
Trend will go downward. We can see the start of LHs and LLs.
BEARISH TREND. It will go downward because series of LHs and LLs have been started.
BEARISH TREND. Trend will go downward and it will be like that for sometime
BEARISH TREND and it will go down further. The reason is we can see the bearish engulfing at the last LH.
BEARISH TREND We can predict that trend will go down further because we can observe the hanging man on the last LH
Bearish Trend and Dark Cloud Cover: 1) Bullish candel 2) Small gap up 3) Closing of bearish candle is below the 50% of bullish candle.