shahrukhshafiq

shahrukhshafiq

In this chart we mark support & resistance grid lines, which help us to decide entry & exit point of the trade.

shahrukhshafiq

In this chart we draw 3 support lines & 3 resistance lines. and we set a small target of short entry. lets see what happens

shahrukhshafiq

In this chart we draw support & resistance to calculate our entry, stop loss and target profit. so we assume a long entry and we added entry levels

shahrukhshafiq

In this chart, we draw support & resistance lines and it clearly shows us it will bounce back from S1 and go upwards so we trigger buy limit at the entry price of S1 and SL is S3 and take profit is R1

shahrukhshafiq Updated 

In this chart we see Bearish Divergence, hopefuly it will moves down in the month of March. So be ready to fill your bags before halving.

shahrukhshafiq

In this chart we have spotted a Bullish Divergence on 1H time frame, and we see promising rise of price.

shahrukhshafiq

In this chart we have spot a bearish divergence at 1H & 4H time frame. and we also seen that it creates a HH & then start making LH & LL. with the help of Fib Retracement we also seen 0.382 value

shahrukhshafiq

In this chart I spot a Bearish Divergence in which RSI momentum going down and price go up. it will be a sign of last bullish High and will go down and trend moves towards Distribution phase and then down trend/bearish. In this zone we avoid trade until we spot a clear indication of trend SO DONOT TRADE

shahrukhshafiq

In USOIL - Crude Oil, we can spot a Bullish divergence but the trend in going bearish with clear HL & LL. With my experience, it is not a valid Divergence. FIb retracement value 0.382 is valid because after LL it retest that value and now it will go down.

shahrukhshafiq

There is series of LH & LL which shows a bearish trend, and we take a small SHORT ENTRY

shahrukhshafiq

In this Chart, it shows a series of HH & HL with a Bullish trend pattern. Taking a Small SHORT Entry and then SHORT TP becomes our LONG entry. Happy Trading. Always there

shahrukhshafiq

In this Pair we see a visible Trends in DAILY time frame, in which you can see a Declining Phase, Accumulation phase and then currently in Bullish trend. THE DEFINITION OF DOW THEORY IS WINNING. So currently we plan a small SHORT ENTRY of around 170-200 pips as the Short TP hits we take a LONG Entry from there for 200 pips more. HAPPY TRADING.

shahrukhshafiq

In this chart you see that the definition of DOW THEORY is practically speaking by series of HH & HL. With this continuity there is no sign of trend reversal and considering a decent SL & TP we can take a trade.

shahrukhshafiq

AUDCAD Charts shows a Complex pattern in which it frequently changing trends after a small time interval. So it will be suggest to take two positions a small SHORT entry which will be hit in few hours or take LONG entry which will take more than 20 hours. Hope this helps you. Happy Trading

shahrukhshafiq

The market is in Bearish Trend it continuously creating LL & LH. Currently there is no sign of trend change so we have to wait or we have to take a Short entry to enjoy trading.