Although, a bearish divergence has formed on the RSI. There is resistance on R1 and good support on S1, keeping the price movement within the range. We may set pending orders for buy and sell stop and on trigger manage the trade accordingly.
This pair is printing HHs and HLs and now bearish divergence has formed on the RSI along with a rising wedge pattern. This could be the last HH and from here trend may reverse to bearish. To benefit we may place a sell stop below the last HL if it breaks we will have reversal confirmation.
Although, a bullish divergence has formed on the RSI. There is strong resistance on R1 and good support on S1 which is keeping the movement within the range. We may set pending orders for buy and sell stop and on trigger manage the trade accordingly.
It looks like we may see a trend reversal here as RSI is showing bullish divergence and a falling wedge pattern is also formed.
The pair was printing consistent HHs and HLs and now it broke the last HL along with bearish divergence. Moreover, the pair has formed a double top pattern which suggests it could be the trend reversal to bearish.
This pair has formed 2 immediate bullish reversal patterns one is double bottom and another one is a falling wedge which indicates a potential upward swing.
This pair has formed 2 immediate bearish reversal patterns one is head and shoulder and another one is double top. Furthermore, the neckline support was also broken at this point which suggests this pair could swing downwards.
UNI/USD has formed a bullish divergence along with a double bottom pattern which seems to suggest it may reverse the trend to bullish. The suggested plan would be to take a buy-stop entry at the last LH breakout.
After printing consistent LHs and LLs FIL/USDT has formed a bullish divergence along with a falling wedge which seems to suggest it may reverse the trend to bullish. The suggested plan would be to take a buy-stop entry at the last LH breakout.
After printing consistent LHs and LLs now it has formed a bullish divergence along with a falling wedge which seems to suggest it may reverse the trend to bullish. The suggested plan would be to take a buy-stop entry at the last LH breakout.
It is consistently printing HHs and HLs. Also, it has broken two resistance levels and tested the 3rd one several times. Furthermore, it respects the trendline, indicating it could continue to print HHs for some time and move upwards.
USD/CHF is moving sideways in the 1-hour time frame. We can trade this pair based on their support and resistance levels if the pair breaks the 2nd resistant level we may enter a long position having SL below 1st resistance. Also, we may place a sell stop on the breakdown of the 2nd support level with SL above 1st support.
EUR/USD is moving sideways in the 1-hour time frame. We can trade this pair based on their support and resistance levels if the pair breaks the 2nd resistant level we may enter a long position having SL below 1st resistance. Also, we may place a sell stop on the breakdown of the 2nd support level with SL above 1st support.
Sand/USDT is moving sideways in the 1-hour time frame. We can trade this pair based on their support and resistance levels if the pair breaks the 2nd resistant level we may enter a long position having SL below 1st resistance. Also, we may place a sell stop on the breakdown of the 2nd support level with SL above 1st support.
DOT/USDT is moving sideways in the 1-hour time frame. We can trade this pair based on their support and resistance levels if the pair breaks the 2nd resistant level we may enter a long position having SL below 1st resistance. Also, we may place a sell stop on the breakdown of the 2nd support level with SL above 1st support.
ETH/USDT is moving sideways in the 1-hour time frame. We can trade this pair based on their support and resistance levels if the pair breaks the 2nd resistant level we may enter a long position having SL below 1st resistance. Also, we may place a sell stop on the breakdown of the 2nd support level with SL above 1st support.
This pair is following the bearish trendline along with consistent LHs and LLs formations.
This pair is following along the bullish trendline and print consistent HHs and HLs which indicates it will continue its bullish trend.