


abdulkareem101
ETHUSD is making double top with divergence so it's expected to reversal pattern.
SOLUSD playing sideways one hour frame so I tried to trade by using support and resistance using 4 hour frame
GBPUSD is in sideways and expected to hit back from support so I tried to take trade between support and resistance
I tried to show support and resistance for Intel Corp
Trend line shows bullish trend because it's making HH HL but unfortunately RSI show bearish divergence
According to Dow it's making lower high and lower low, secondly trend line also shows fix in a perfect bearish trend, so we can take entry point on Fib Retracement values.
According to Dow theory it's making bearish trend and in RSI there is no divergence till now
There is a strong sign once we find hammer or inverted hammer between HH and HL it can go for bullish
Intel shows bearish trend for the time being but not for long run because we should consider the importance of the company product being used around the world, MCAD already drawn red parabolic so it might go upward after some loosing
Dow theory applied and showing bullish trend, i have shown entry and exit points according to my analysis.
USDJPY is showing bullish trend because it's clearly applying Dow's theory and has achieved higher highs and higher lows