US100 is in bullish trend if you look at the chart in 4H and 1H. On 1D chart it is making a prominent ABCD harmonic bearish reversal pattern. The chart is pretty much the same on 4H and 1H time frame. I further went into smaller time frames (15m and 5m) and I selected 5m time frame because it is also making a same ABCD Bearish Reversal harmonic pattern. Followers,...
GER40 index is analysed on 4H chart with resistance and support plotted on daily time frame. There was a bearish divergence on 4H chart after which the trend has become bearish. I used Fib to test the level of retracement and the pull back was healthy. No bullish divergence is observed and I have planned my entry at the LL. The Signal is: EP: 18215.26 SL: ...
AUDJPY is in bearish trend in daily and hourly time frame and has broken a very important Support level which I have extended back on the basis of Daily time frame. This support level has acted as SR Flip level on many occasions. There is no divergence being observed on daily or 4H time frame. I have taken entry instantly at 4H time frame. The currency index of...
AUDCHF trade plan is developed by doing analysis on multiple time frames and few other confluences. Multiple Time Frame Analysis: The pair is in downward trend on weekly chart making a Bullish reversal harmonic pattern (ABCD) with AB = 0.618 and CD = 1.618. On daily time frame, the trend is sideways, oscillating between a resistance and support level (drawn with...
This pair had a bullish divergence after which it has also breached the bearish trend line. Now it is broken the previous HH. I have placed a pending order of BUY LIMIT and the value I have selected with the help of a Fib Retracement tool @ 0.236 level. The Signal is: EP: Yellow Line SL: Red Line TP: Green Line
This pair is in bullish trend and a cup and handle pattern. I was late to see this pair that is why couldn't post my analysis earlier. I have taken an instant entry (buy order). There is no divergence on an hourly chart. My TP is still below the C&H projection level. The Signal is: EP: Yellow Line SL: Red Line TP: Green LIne
Hello Followers, I have come across a beautiful pattern of Cup&Handle made by this coin. I do my analysis on crypto during the the weekend because rest of the markets are closed. I was doing my analysis on BTCUSDT on Daily and Hourly time frames and when I switched to Weekly time frame, it took me no time to realise the pattern formed over the last few years (Nov...
The coin is in bullish trend on an hourly chart (4H or 1H). I have done a multi time frame analysis and planned my trade on 1H time frame in the upward direction of the swing. It is making a bullish flag and my entry is placed at the breakout of the pole of the flag. Yellow, Red and Green rays (lines) are my Entry, SL and TP respectively. Confluences: 1- On a...
The chart is analysed on hourly basis. The trend in bullish in 4H as well. To get a refined entry I chose 1H time frame. No divergence, simple HHs and HLs (Dow Theory). Taken an instant entry. The trend is testing the trend line. The Signal is: EP: 168.93 SL: 160.88 TP: 176.90
Hi Followers, I have tested this strategy twice on Gold on 4H and 1H time frame and it worked for both of them so I am testing it again and recording it this time. So, many of you might aware of Bollinger Band, it consist of 3 lines (Upper, Mean, Lower). Whenever the trend touches the upper or lower band it retraces or gets sideways towards the mean. Stochastic...
AUS200 is in bullish trend making HHS and HLs. The chart is in upward trend on daily and hourly chart. I have chosen 4H time frame for analysis. There is a bearish divergence along with bullish hidden divergence and hidden divergence is stronger than regular divergence. Also for confluence sake, the SMA of 10, 20 and 50 are in the trend support and the static...
Corn analysis is done on an hourly chart. There is a bullish divergence on an hourly chart with a formation of double bottom reversal pattern. Placed an entry on the previous LH with SL placed just below the double bottom. The Signal is: EP: 397.83 SL: 392.66 TP: 403.00
HK50 index in bullish trend with no divergence on 1H time frame. The trend is making HHs and HLs with beautiful trend line. The Signal is: EP: 17907 SL: 17597 TP: 18217
JP225 is analysed on a daily time frame to mark the resistance and support levels and to check the trend. Further analysis is done on an hourly chart to plan and execute a trade. On 1H time frame a bearish divergence is observed and rising wedge pattern has been made. The trend reversal pattern has a breakout and the sell stop pending order is placed. The Signal...
It is in bearish trend after testing 1D resistance level. I have chosen 1H for my analysis and trade. No divergence is observed. Placed a pending order of Sell Stop. The Signal is: EP: 75.62 SL: 77.48 TP: 73.76 RR: 0.25%
WTI after reaching a resistance zone on 1D time frame, making a return (bearish trend). No divergence is noticed on hourly time frame. I have placed a pending order of sell stop. The Signal is: EP: 77.09 SL: 78.73 TP: 75.45 RR: 0.5%
WTI US Crude Oil is in bullish trend in an hourly chart but it is sideways in daily time frame. I have marked R&S zones for daily time frame and support zones only for an hourly chart because it is in bullish trend. I have not observed any divergence on an hourly chart. A pending order of Buy Limit is placed by using FIB on the last swing @ 0.382 level. The...
This commodity is under my radar for a while. Only Daily time frame the chart is sideways and I have marked key levels over it. The chart is on the downward swing of the daily sideways chart. I have planned my entry on an hourly chart with no divergence. The Signal is: EP: 74.480 SL: 75.580 TP: 73.380 RR: 1%