Inverted hammer and engulfer candles, Horizontal support and Divergence on Chaikin Osc showing sigificance of trend reversal.
Bullish Indications: - Higher highs and higher lows - Bullish hammer and engulfer candles formation - Horizontal support at 0.68230 - Ascending channel - Divergence on chaikin oscillator
Trend line break, Horizontal support and April seasonal support of bulls reflecting trend will be bullish.
Bullish Indications: First Higher high after long bearish trend Morning star candlestick pattern at Higher low Trend reversing from strong support at 0.83000 with bullish candles Upward channel formation Double Bottom
Bullish Indications: Break last lower high after bearish trend Trend reverse from strong support zone Trend line support Gartley Pattern Double Bottom Bearish Indications: currently in strong resistance zone Resistance at Fib 0.382 Plan A: SHORT if trend bounce back from current resistance around 1.26000 Take entry at 1.25600 SL: 1.26500 TP1: 1.24910 TP2:...
Bullish Indications: Higher highs after series of LHs & LLs Trend line resistance break Flag pattern formation AB=CD Historically this pattern is being repeated and showing good bullish trends (highlighted) So based on all these parameters I think it will go long
Bullish Indications: Higher highs and higher lows bullish engulfer and 3 white soldiers strong trend line support Fib level 0.5 channel support level showing strong support of Bullish trend continuation.
After AB=CD projections complete and strong bearish candle on top showing significance of bearish reversal.
As per AB=CD projections, the trend is possible to continue till 91.11. What do you guys think?
HH HL formation and breakout at FIB 0 Level (0.69238) showing strong significance of bullish trend
Bullish engulfing candlistic pattern might result in trend reversal