About meHey guys my name is Raphael Qureshi, I'm a 16 year old teenager and got a market experience of three years. I'm an expert elliot wave and pattern trader........ Follow me on tradingview and twitter to stay updated with my charts
An ending diagonal looks very clear in the chart of XAUUSD with a strong bearish divergence. At it maximum it can only give an overthrow to the upside but still after that it will fall....... So please don't miss this opportunity
Hi guys, GBPAUD seems to be forming an ascending channel with a classical bearish divergence. So now either it will stay in the channel for some more time which is likely I think or it will break it now which has a very less chance
In the weekly frame price seems to be correcting the whole impulsive leg in a flat structure. Currently we are in the B part of the flat. For those who have not positions in this pair try to look for pullbacks or corrective strucutures in lower time frame to join the bearish trend
HI guys, I previously posted the chart of GBPUSD where I said that because of the flat strucuture it might come down, but when I studied the chart further I found out the previous trend has been clearly broken so it may be called a reversal to the upside. If you have positions in this pair, so the only advise I can give you right now is to be prepared for both...
The huge ending diagonal with a strong bearish divergence confirms the reversal, but it may give another push then do the reversal, try to look for correction or wait for the diagonal to break the structure then enter short