MukhtarTecnicals

MukhtarTecnicals

USOIL is in downtrend. It has broken trendline support now testing this support as Fib Resistance 0.5 & Trendline Resistance. IF this Resistance is respected we can see a further downfall, which is on the cards. Otherwise if the Resistance is broken then we can see a bullish rally in oil. Take entry accordingly. Best of luck

MukhtarTecnicals

Bulls Points: 1. HlH, HL 2. Above EMA 100 Bears Points: 1. Inverted hammer 2. Rejection at strong daily resistance 3. Divergence on Chaikin and Klinger Oscillators 4. Handle pattern formation in Cup&Handle pattern

MukhtarTecnicals

The price in HH & HL formation, yet to test strong resistance at 0.86422. Till then the price has the potential to go upto that Resistance. So my Bias is bullish in short term. IF the Resistance is broken the trend can continue upward.

MukhtarTecnicals

Lower high and lower lows In a downward channel rejection from EMA 100 Not at support now No divergences

MukhtarTecnicals

The pair is making HH and HL, Inverse H&S pattern is in completion There is strong Daily, Trend line and Fibionacci, if its broken upwards Then we are good on the trade. You can either take entry on the levels mentioned in chart or wait for the pattern completion then take entry.

MukhtarTecnicals

Bulls Points: 1. Taking support from EMA 60 Bears Points 1. LHLL 2. Rejection from Fib 0.786 3. Inverted Cup and Handle Pattern

MukhtarTecnicals

Cup and handle chart pattern maturity AB=CD Pattern BC leg is completed Bullish Divergence on RSI and Chaikin Downward Trend line broken

MukhtarTecnicals

Price action seems bullish. ABCD Pattern in play May take a little correction before moving further up to test only Resistance on the way at 147.90

MukhtarTecnicals

Bullish diver on oscillator. Bouncing from support Entry Exit levels are mentioned on chart

MukhtarTecnicals

Bullish Divergenec Bullish Doji Candle At trend line support

MukhtarTecnicals

Bulls Points: 1. At chart support level 2. 3 white soldiers candle pattern at 15 min chart 3. Bullish Div in oscillators at 15 min chart Bears Points: 1. LHLL

MukhtarTecnicals

Bulls Points: 1. Doji candle at 1 hr TF, Hammer at 15 min TF 2. At trend line support 3. At Fib Support 0.786 4. At chart support 5. Bullish divergence 15 min TF (Klinger, RSI, Chaikin) Bears Points: 1. Dow

MukhtarTecnicals

Bulls Points: Bears Points: 1. LHLH 2. Near Resistance 3. Near channel resistance 4. Rejection at 0.236 Fib Resis 5. Inverted Hammer, bearish engulfer candle at 15 min chart

MukhtarTecnicals

Bulls Points: 1. Dow 2. Trading above daily resistance Bears Points: 1. At parallel channel resistance 2. At Fib Resistane 0.5 3. At daily Resistance 4. At time cycle climax point 5. RSI Div at 1 hr time frame 6. RSI Div at 15 min TF

MukhtarTecnicals

Bulls points: 1. HHHL 2. Bounce from support 3. Hammer at support 4. Fib Support

MukhtarTecnicals

Bulls: 1. Trend line Borken 2. 1 hr TF bullish dive on oscillators Bears: 1. LHLL

MukhtarTecnicals

Bulls Bear 1. Dow (LL LH) 2. Bearish Engulfer 3. Resistance respected 4. Trend line resistance respected 5. Fib Resistance respected 6. Chaiken Div Bulls Vs Bear 0-6

MukhtarTecnicals

Bulls seems to be losing control as the Fib resistance is respected multiple times so we can expect a trend reversal. Advance indicators show signs of reversal. Entry/Exit levels are mentioned. Do your own research before entering trade.