gharisbinqasim

gharisbinqasim

The chart shows the reversed of the bearish trend and initiated bullish trend.

gharisbinqasim

As it can be seen that the trend is reversed as it formed bullish divergence and it also have crossed the previous lower high.

gharisbinqasim

Support may play a role over here and trend can be reverse as the bullish divergence is also present over here.

gharisbinqasim

After bearish descending channel break out, bullish flag is formed and it has probability to continue the bullish trend

gharisbinqasim

as the divergence appear hence we can predict that the trend is in bearish and can be reverse at point PRZ

gharisbinqasim

As we can expect a bullish reversal due to bullish divergence

gharisbinqasim

As there is no divergence till now we can expect the market to remain in bullish trend till the PRZ where we expect a reversal

gharisbinqasim

Going to long from above point B to D and from there we will short in case of divergence

gharisbinqasim

As the chart is in bearish trend, short at point B below and the potential reversal zone might be at D

gharisbinqasim

As the chart does not have any divergence and it is making symmetrical triangle pattern, hence we can predict bullish pattern continuation

gharisbinqasim

As there is no divergence, and we can observe a bullish flag hence it can be predicted as a continuation of a bullish trend

gharisbinqasim

As the bullish flag suggest that the the bullish trend will continue al it does not hv any divergence

gharisbinqasim

As the Bullish trend continues with no divergence, hence we can predict that it will continue the trend

gharisbinqasim

As the bearish trends continues and no divergence, hence it mostly likely that the bearish trend continues

gharisbinqasim

As the chart shows the bearish divergence and also we observe rising wedge pattern hence we can predict bearish reversal

gharisbinqasim

As the chart shows the bearish divergence and also printing double top which predicts bearish trend

gharisbinqasim

As the chart shows bearish divergence and making rising wedge which predicts bearish trend

gharisbinqasim

As the chart shows the bullish divergence and then print the double bottom pattern which predict bullish trend