HinaRaffique

HinaRaffique

This chart shows a Bullish flag. It seems continuation pattern.

HinaRaffique

This chart shows a sideways pattern, so support and resistance are applied here.

HinaRaffique

This chart shows an Inverted cup and handle pattern along with a divergence below 50.

HinaRaffique

This chart shows a double top which indicates that a reversal pattern will start but based on RSI it seems to be not consistent move and a sideways pattern will appear. So here I apply support and resistance patterns for a precise entry price.

HinaRaffique

This chart shows RSI above 50 with double bottom and double top both patterns but we can see there isn't any bearish engulfing candle.

HinaRaffique

This chart shows a series of LH and LL according to Dow theory. Here we can see control is in the hands of the sellers so I apply the fib method for short.

HinaRaffique

This chart shows consolidation movement in prices.

HinaRaffique

This chart shows distribution phase with minimum movement in prices.

HinaRaffique

This chart portrays the accumulation phase, so with support and resistance technique, it is time to take entry.

HinaRaffique

This chart shows a sideways phase which is a non-trending phase.

HinaRaffique

This chart shows a series of HH and HL according to Dow Theory.

HinaRaffique

This chart shows bearish trend with contol in seller hands. So far it is dropping down but it will break its LH.

HinaRaffique

To make precise entry in the chart, I used the trend line method and fib sequence.

HinaRaffique

This chart now shows that red candle control is going into hands of buyers

HinaRaffique Updated 

This chart shows distribution phase which will end in bearish trend according to dow theory

HinaRaffique

In this chart, the bullish candle pattern makes one HL on the last day then it makes series of LH and LL.

HinaRaffique

This chart shows green candles at HL which means now control is in buyer's hand.

HinaRaffique

This chart shows a bearish candle pattern with the last red candle