hassamsaeed

hassamsaeed

Defined the order block between the range of 1.5-1.8. RSI is also near the oversold region The trend is decreasing and the volume is not increasing. So it means the seller will not be more interested in the long way. So the market will be pumped soon Let's see what happens

hassamsaeed Updated 

Bearish Indications 1. Double Top Formation 2. Significant Resistance 3. Bearish ABCD Pattern 4. Bearish Divergence Bullish Indications 1. Higher Highs and Lows

hassamsaeed

By looking at the week TF chart I analyzed the following things that I want to share: 1. Duration of the first double top was 567 days 2. Duration of descending channel was 238 days 3. Formed a bullish rally (approx 76% up) of 21 months by breaking a major resistance level 4. Duration of the second double top was 574 days 5. Duration of descending channel was 238...

hassamsaeed

Bullish Indications: 1. Upper Resistance Trend Line Break 2. Higher Highs and Lows 3. Fibonacci Extension Tool So by keeping in mind these points i am going to take a long position

hassamsaeed

Double Top Formation indicates the trend reversal in 30 min TF Higher Highs and Lows Bullish Divergence found

hassamsaeed Updated 

Bearish Indications 1. Lower Highs and Lows 2. Descending Channel Bullish Indications 1. Already test its significant support 2. Already formed LL after a large red candle and now it will move towards new LH 3. It will go up to test the resistance trend line

hassamsaeed

Bullish Indications (BIASED LONG) 1. Morning Star Formation at the Point D 2. Bounced back from major support which was tested before 2 times 3. Bullish Divergence 4. Bullish AB=CD Pattern found 5. Price will go up for correction Bearish Indications 1. Lower Highs and Lows 2. Price will continue its bearish trend if it breaks the support level

hassamsaeed

Bearish Indications (BIASED SHORT) 1. Bearish Flag Formation and it breaks its support line as well 2. BXY is in a Bearish/Sideways Trend 3. JXY is in Bullish Trend 4. Broken flag support trend line Bullish Indications 1. Currently Price is at its major support level in Higher TFs Neutral Indications 1. No divergence was found as RSI and the chart is in sync

hassamsaeed

Bearish Indications (BIASED SHORT) 1. Rejected or retest from a resistance level 2. Formation of Bearish Diamond Pattern 3. Trend Line Broken 4. Bearish Divergence 5. Entry at Bearish Candle Neutral Indication 1. Price still in the range/consolidation phase Bullish Indications 1. By Breaking the resistance level and making a new HL then the trend will be bullish

hassamsaeed

Bullish Indications 1. Higher Highs and Lows 2. Trend line not broken Bearish Indications (BIASED SHORT) 1. Rejected from Resistance Area 2. Double TOP OR BAT Pattern Formation In Progress 3. AB=CD Reversal Pattern 4. Formation of Bearish Divergence

hassamsaeed

Bullish Indications (BIASED: LONG) 1. Higher Highs and Lows 2. Tweezer Bottom is found on Green Support Line 3. Price gives significance of 0.236 fib level as well as Higher TF Support 4. GBP Index is Bullish & DXY is Bearish 5. The previous 3 December was bullish 6. Bullish Divergence on 1H and 2H TF Bearish Indications 1. Break Trendline 2. Red candle is...

hassamsaeed

Bullish Indications 1. Series of Higher Highs and Lows 2. Significance Support Area at Entry Point 3. AUD Index is Bullish 4. USD Index is Bearish/Sideways 5. Volumes are increasing as the price is in the range Bearish Indications 1. Break 0.236 Fib level support 2. Recently Formed Double Top which is a reversal pattern 3. Break Trend line support

hassamsaeed Updated 

Bullish Indications 1. Higher Highs and Lows 2. Good Momentum Green Candles 3. Formation of ABCD Pattern 4. Currently Price is at Good Support Level 5. Bullish Flag 6. RSI Good Indication 7. Price nearly touches 0.5 fib level Bearish Indications 1. Double Top Formation

hassamsaeed

Bearish Indications 1. Lower Highs and Lows 2. CXY is bearish & SXY is bullish in 2H TF 3. No Divergence 4. Shooting Star at LH 5. Trend line not broken Bearish Indications 1. Trend is Mature Enough 2. On Larger TF it almost completes Bullish ABCD Pattern Indices on 2H TF DXY => Bearish JXY => Bullish ZXY => Bullish AXY => Bullish EXY => Bullish CXY =>...

hassamsaeed

Bullish Indications 1. Three White Soldiers 2. A good/significant support area where the price bounced back 3 times 3. A good resistance level of 0.236 fib level 4. 4 times out of 7 years December remains bullish 5. Bullish Shark Pattern 6. Bullish ABCD Pattern Bearish Indications 1. Lower Highs and Lows

hassamsaeed

Bullish Indications 1. Higher Highs and Lows 2. 8 out of 12 years December remains bullish 3. Trend is bullish on 1D TF Bearish Indications 1. Shooting Start at Higher High 2. Broken Trendline 3. Bearish Divergence on 4H and 1D 4. Price is exactly bounced back from the previous rally LH 5. Trend is mature enough Seasonal Data Dec 10 => Green Dec 11 => Red Dec 12...

hassamsaeed

Bearish Indications 1. Trend is Mature Enough 2. Bearish Engulfing 3. Retest Resistance Level 4. Bearish ABCD Pattern 5. Bearish Divergence Bullish Indications 1. Dow Theory Higher Highs and Lows 2. If it breaks the resistance it will continue its rally 3. According to seasonal data silver remains bullish in December

hassamsaeed

Bullish Indications 1. Lower Highs and Lows 2. Taking Support from trendline Bearish Indications 1. 0.382 fib support on 1D TF 2. Bearish Divergency on 2H and 4H TF I anticipated taking a short position against the trend because it already defined HH and it will retrace back to define new HL