After Giving respect to the ascending trend line and Fib Level of 61.80%, the index is preparing itself for bearish break-out. The expected bearish run is also supported by RSI nascent bearish diversion.
EURUSD after bullish run and crossing Area of Key Confluence is expected to retrace and give respect to Fib Level 61.80%. RSI has formed clear and visible Bearish Diversion. Chart Assessment expects Going Short.
After facing rejection at key Area Of Confluence, the price action is soon going to become bearish.
ADAUSDT Buy-Long 1. There is no more LLs & LHs 2. Bullish Hammer formed at bottom of the trend 3. The index has faced rejection from strong support from Fib level 0 at 0.2487. 4. Harmonic Pattern AB=CD completed. Trade Plan Buy-Long The price action has completed Harmonic Chart Plan AB=CD and it is gearing up for bullish...
Trading Strategy for EURJPY Bullish Biases 1. The trend has stopped making new LH 2. The long wick bullish C/S are gaining momentum for trend reversal. 3. The down trend is rejected by significant support region. 4. The highlighted support region at Fib level 0.236 is given repect by the price action 5. Trend Reversal FALLING...
WTI Crude Oil 1 HTF Bullish Biases 1. Failed to make new LL 2. Strong Bullish C/S after price rejection at last LL and broke the ascending trend line. 3. Strong support on 78.13 twice at Fib level 0.5 . 4. Continuation Pattern Bullish Pennant yet another indication of continuation of bullish trend. 5. Bullish...