hamzamoosa

hamzamoosa Updated 

As the graph illustrates the trend according to Dow Theory (HH & HL) and creates consistent green soldiers on 1H TF, hence going long on XAGUSD. Furthermore, the price bouncing back from the significant support and the chart making a rising trend-line backs the bull rally.

hamzamoosa Updated 

The graph follows a bearish trend with consistent red candles after hitting Double-Top at 78.08. Furthermore, Bearish ABCD Pattern and Divergence reinforces the bearish trend. Making a short trade with a risk of 2% and placing two TPs with ratio 1:4.

hamzamoosa Updated 

Long Wick on 1-Day Time Frame indicates seller losing momentum. After giving respect to the previous support zone the chart initiates an upside rally. Furthermore, the chart is following the dow theory while making HHs & HLs and rising lower trendline. The above indicators depict a bullish trend. Hence, will wait for the price to hit the rising lower trend line...

hamzamoosa Updated 

Bullish Indicator - Dow Theory (HH & HL) - Double-Bottom formed Trade Plan: Entry: 1.91011 SL: 1.8979 TP1: 1.9161 TP2: 1.92276

hamzamoosa

Bullish Indicators 1. Dow Theory (HH & HL) 2. Three White Soliders 3. ABCD Pattern Completion 4. Bounce from 0.645 Fib Level Trade Plan: Going Long Entry: 24.34 SL: 24.166 TP: 24.507 Risk 2%

hamzamoosa Updated 

Bearish Indicators 1. Dow Theory (LH & LL) 2. Descending Channel - Short-Term Bearish 3. Consistent red candles moving towards a new LL 4. Already tested the trendline Bullish Indicators 1. Might test support at 96.18 Biased: Short Trade Plan: Entry: 92.20 SL: 97.03 TP1: 95.44 TP2: 94.97

hamzamoosa Updated 

The chart shows a bearish trend and follows the dow theory. Making a short trade after identifying a Tweezer Top on LH with a risk of 2%. Trade Plan E: 140.318 SL: 140.016 TP: 139.988 R: 2%

hamzamoosa

Bullish Indicators 1. Dow Theory (HH & HL) 2. Bounce from 0.382 Fib Level 3. Seasonal Pattern: Bullish in Jan If resistance breaks rally will continue. Bearish Indicators 1. Hanging Man 2. Resistance Level is tested twice at 24.24 3. Bearish ABCD Pattern 4. Bearish Divergence If, trendline breaks; the trend will go bearish. Note: According to the seasonal...

hamzamoosa

Rising Wedge indicated on the graph. Going on short. Trade Plan E: 80.42 SL: 80.95 TP: 76.89 R: 2%

hamzamoosa

Trade Plan E: 5.552 SL: 5.590 TP 1: 5.38 TP 2: 5.125 R: 2%

hamzamoosa

Trade Plan E: 0.2451 SL: 96.464 TP 1: 96.950 TP 2: 97.370 R: 2%

hamzamoosa

The chart has defined its low at 96.54, as we can see a Tweezer Bottom form at the end increase the chances of a reversal. Will wait for another green candle and make a long move. Trade Plan E: 96.767 SL: 96.464 TP 1: 96.950 TP 2: 97.370 R: 2%

hamzamoosa

Going Long Entry: 0.006266 SL: 0.006214 TP: 0.006318 R:R 1:1 Going long on JPYGBP with a risk reward ratio of 1:1

hamzamoosa

Going Short Entry: 7070 SL: 7133.9 TP: 6992.2 Going short on S&P ASX 200 Index. Market moves bearish.

hamzamoosa

Going Short Entry: 1.113 SL: 1.116 TP: 1.110 Going short on GBPCHF on 15 min chart

hamzamoosa

Going Short Entry: 10679 SL: 11000 TP1: 10488.06 TP2: 10355.50 The chart is showing a bearish trend, a series of lower-high and lower-lows. Going short with a RR of 1:1

hamzamoosa

Going Short Entry: 77.82 SL: 78.82 TP: 76.74 The 15 min chart shows a bearish trend and it's following the dow theory forming LH and LL. Hence, going short with RR of 1:1.

hamzamoosa

Entry: 1.05329 SL: 1.05328 TP: 1.05615 As seasonal pattern can be detected in December. Every December since 2013 has a green candle except two, the year 2014 and 2016. Hence, I choose to go long on EURUSD. Adding SL and TP using Dow Theory.