The price action is falling to form a harmonic. I am expecting its potential reversal zone will be between 200MA and 100MA insha Allah, however the price action can be reversed from 200MA.
I have defined the targets accordingly on chart.
Best of luck and regards,
Atif Akbar
I have defined the targets accordingly on chart.
Best of luck and regards,
Atif Akbar
Trade active:
The price action is above 100MA support playing as firm support role insha Allah.
The bollinger bands is squeezed showing the sideways movement.
The sell volume is decreased with buying volume fluctuation.
The MACD is sideways.
Drirectional movement with ADX is completely sideways.
Momentum is completely sideways.
Almost all indicators and my personal trading setup are indicating sideways movement above 100MA support which shows the bear power is controlled, in my opinion this is the best time to buy to gain maximum profit insha Allah.
Allah the most high knows the best.
The bollinger bands is squeezed showing the sideways movement.
The sell volume is decreased with buying volume fluctuation.
The MACD is sideways.
Drirectional movement with ADX is completely sideways.
Momentum is completely sideways.
Almost all indicators and my personal trading setup are indicating sideways movement above 100MA support which shows the bear power is controlled, in my opinion this is the best time to buy to gain maximum profit insha Allah.
Allah the most high knows the best.
Trade closed: target reached:
By the grace of Allah the most high this idea has generated more than 57 percent profit.