haroonraees

haroonraees

#Week10-11-Strategy-1&2 BULLISH INDICATOR (DEC 28) 1. Bullish HH and HLs 2. Morning Star (Three Candles) formed at the time of analysis 3. The bullish trend line got broken but the price could not break the significant resistance at 1824 4. Chart pattern is similar to a Bullish Pennant and forming, which is a Continuation pattern. The price action is expected...

haroonraees

#Week10-Strategy-2 BEARISH INDICATOR (DEC 26) (Before Market Opened) (Selected this pair based on review of major indices) 1. Bearish LHs and LLs 2. Market closed with bearish candles 3. Major support has been broken between 0.8590 and 0.8594, and now it is significant resistance 4. Trending upper channel has been broken but the price did not break the...

haroonraees

#Week10-Strategy-1 BULLISH INDICATOR (DEC 16) 1. Bullish HH and HLs 2. Strong Bullish candles at significant support region of 1775 to 1777 3. The bearish trend line has been broken 4. Chart pattern is similar to double-bottom reversals 4. Next significant resistance is close to FIB level 78.6% 5. Bullish trend expected to test the long-term resistance of...

haroonraees

#Week10-Strategy-1 BULLISH INDICATOR (DEC 15) 1. Significant support channel 1.057 - 1.0616 at Daily frame 2. Strong Bullish candles at the support channel 3. Bullish candle might break the bearish channel 4. Falling Wedge reversal pattern noticed 5. Fib level 23.6% also respecting Support channel 6. RSI showing trend reversal and price action following...

haroonraees

#Week10-Strategy-1 BEARISH INDICATOR (DEC 14) 1. Significant resistance @ 1.079 2. Significant resistance is between Fib 50% and 61.80% 3. Harmonic Bearish ABCD reversal pattern spotted on a daily chart. Strong point for the Bears. 4. Historic view also shows a Resistance level of 1.079 received respect. BULLISH INDICATOR (DEC 14) 1. Bullish trend, HHs and...