Hello guys 👋 XAUUSD on the 1D timeframe on forex.com has reached its lower low on the bullish trendline. Also touched it support area. Very potentially XAUUSD will return to the top to reach its lower high.
on The Daily Time Frame, The CHFJPY Price Reached a Daily Resistance Level ! Currently, on the 1H Time Frame The Higher Low of the bullish structure is Broken (Break of Structure) and now we have a new Lower Low🔥 So! I Expect a bearish move 📉 i'm waiting for a retest... ----------- TARGET: 141.370🎯 ___________ if you agreed with this IDEA, please leave a LIKE,...
Here, the divergence caused the trend reversal. Now, we look at the LHs and LLs.
GBPUSD - LH/LL & Reversal - Short I've entered a short position on GBP\USD after completing multi-timeframe analysis. The confluences are: 1. Price has broken below the 50 EMA on multiple timeframes. 2. We are now forming lower highs and lower lows on multiple timeframes 3. Overall on the higher timeframes (D/4H), we are starting to look bearish
GBP/USD seems bearish as it follows a lower high and lower low pattern.
The hourly chart shows strong control of bears by consecutive formation of another lower high
The pair shows a strong bearish rally on 15 minute time frame; booking profits by taking 1:1 RR
The bearish trend continues with the formation of another lower high
The pair shows strong bearish rally with formation of lower highs and lower lows.
The chart above shows a 12hr outlook of Silver (XAG). The light blue trend line shows the macro lower highs that are being printed and this line has been respected several times. The current price action is now in an area revisiting this downtrend. This does not mean a reversal is imminent but gives us an indication that this is where a reversal would occur if...
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 =>...
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...
Great Play !!! Description in the screenshot of todays short on GBPUSD. 2RR - lowered my risk due to P.A but nevertheless, stayed inline with downward momentum !
in this idea i will be explaining you the MACD analysis done by me. but firstly let me run you through the chart. THE TREND LINES: RED LINE: its the trend followed from past several years before the 2020 crash. DARK BLACK LINE: it is drawn out from the market getting consolidated and from the bull rally post the corona's crash. its the actually trend which...
great sector, great business model with good fundametals. listed with 40% premium in its IPO lisiting. great to buy. since it has broken the trend of lower higher and lower lows. volume is also pretty high. a small cap company, which could prove a multibagger in future.
We just achieved a higher high on the daily time frame with DXy’s price action. Considering how long the history of the chart covers (several decades) the larger weekly and monthly time frames lower high/lower low & higher high/higher low sequences are probably more important for bull and bear trends than the 1 day is. So even with a higher high on DXY’s 1 day...
Correction wave of this small trend channel. I expect price to continue down and re-test the low. Bulls are looking awful weak and look to be forming a lower high. Trend is your friend!
Chevron Corporation Short Term - We look to Sell at 162.55 (stop at 167.91) Our outlook is bearish. The trend of lower highs is located at 166.80. A firmer opening is expected to challenge bearish resolve. Preferred trade is to sell into rallies. Further downside is expected. Our profit targets will be 148.94 and 144.00 Resistance: 165.00 / 182.00 /...