PivotTrade9

PivotTrade9

- Falling wedge broken - Upper trendline broke & confirmed the trend reversal. - Resistance is acting as support.

PivotTrade9

- Bullish Divergence formed on Klinger Oscillator. - ABCD pattern formed but so far its a bearish trend.

PivotTrade9

- Channel formed & tried to break the channel couple times up & down. - It look like it's in a accumulation phase.

PivotTrade9

- Bearish trend continuation - Tried to break Falling Channel, but couldn't hold it. - Support becomes resistance now. - Bearish Marubozu formed

PivotTrade9

Falling wedge formed & it broke lower trendline which confirmed bearish continuation.

PivotTrade9

- Seasonal pattern recognized on week chart with 10 bars(1 bar = 1 week) on the downtrend. - Current pattern has made 8 bars already, we will wait for another 2 bars to see it the bearish trend continue. - It has also formed falling wedge that usually represent bullish reversal.

PivotTrade9

Made potential double top. Now after testing it support levels it can make another highs.

PivotTrade9

Bearish Indicator: 1- Made Lower high 2- Bearish Marubozu 3- Ascending Channel formed 4- Couldn't break Upper trendline 5- Bearish Divergence recognized

PivotTrade9

Bearish Indicator: 1- Made LL & HL 2- Bearish Marubozu 3- Trendline Broken 4- Price is moving in declining Channel 5- No Divergence recognized

PivotTrade9

Bearish Indicator: 1- Made Lower Low 2- Bearish Flag Formed 3- Support at 23.75 4- Symmetrical Triangle bottom line broken 5- Declining Head & Shoulder formed 6- 0.61 Fib zone is acting as resistance

PivotTrade9

Bullish Indicator: 1- Morning Star 2- Established Support @ 32 3- Trendline Broken 4- AB = CD 5- Timecycle for a downtrend is almost 24 days 6- No Divergence formed

PivotTrade9

Bullish Indicator: 1- Made Higher Low 2- Bullish Inside Bar 3- Support found @ 2.10 4- Trendline broken 5- Harmonic Bullish Three Drives formed

PivotTrade9

1- LL 2- Support broker @ 6.50 3- Descending triangle bottom line broken 4- Fib level 0.23 acting as resistance 5- Downward slop Head & Shoulder

PivotTrade9

1- Bullish Engulfing 2- Bouncing from Support 3- Top trendline Broken Upwards 4- Falling Wedge broken 5- Bullish Divergence found on Klinger

PivotTrade9

Bearish Indicator: 1- Made LL & HL 2- Bearish Engulfar 3- Rising wedge formed 4- Bearish Flag formed 5- Double Top 6- Inverse Cup & Handle Formed

PivotTrade9

Rising channel broken downwards & trend reversed bearish.

PivotTrade9

Bullish flag formed and declining channel is about to break on 4 hrs chart.

PivotTrade9

Formed Symmetrical Triangle, broke bottom line of the triangle. So far its the start of bearish trend