D_Sultan7

D_Sultan7

Biased: Bulish 1- Price is testing the lower trend line. 2- Strong price support as well as Fib Support at the Entry point. 3- There exists a divergence which means that the bearish trend is loosing its momentum

D_Sultan7

AUDJPY Bullish Idea based on HnS Pattern The price action has formed an Inverse Head and shoulder Pattern and is expected to fall in the hands of bulls.

D_Sultan7

BTC has formed Double Bottom. Entry to be taken if a green candle forms above the 0.382 Fib level. TP would be same as the distance of the middle of the double bottom.

D_Sultan7

The price is currently moving in a potential trend reversal zone and is not hitting new Lower Lows. There is also a strong Fib resistance right below the current level and thus the price is expected to move upward. All TPs are Fib Resistance levels.

D_Sultan7

GBP USD price is approaching the second tip of the cup and handle from where the handle is expected to form as there is a strong resistance as well as the upper line of the ascending channel also suggest that the price will be pushed back to form a handle. The first TP is based on the completion of the Cup and Handle Tip while the second TP is as per the distance...

D_Sultan7

EUR/USD Bull Run seems coming as the following three patterns are all inclined towards a bull run: 1- Cup and Handle. 2- Bullish Flag. 3- ABCD. The take Profit has been set on the lowest of the projections of all of the three patterns to remain at a safer size while the Stop Loss has been set according to the Dow's Higher low.

D_Sultan7

USD/CHF Long Script : The point D seems to be a reversal Point as bullish engulfing and inverted hammer has been formed at point D which shows that the pair can depict bull run.

D_Sultan7

Trade Plan of EUR/USD as on 25 July 2022: Script: Long Entry point Significance: • Entry Point is near to both a string demand zone and an ascending support S2. TP Significance: • TP is the Fib resistance @ 1 where the price has tested 7 times and is a strong resistance which is much likely to be tested again as the ascending support is pushing the price...

D_Sultan7

Trade Plan of GBP/JPY as on 24 July 2022: Script: Long Entry Point (C) Significance: • Point C is falling in a very important Support (Demand Zone) which the price has respected previously for 4 times). • Point C lies at the FIB resistance of 0.236. • Inside Bar and Twizzer bottom Bullish Candles have been formed at point C. TP 1 Significance: • TP 1 is the fib...

D_Sultan7

Tools Used: 1- Ascending Channel. 2- Fib Retracement. 3- Support and Resistance Overall, my view is bullish as the price is getting pull backs from the both the horizontal and ascending support zone. Unless the price breaks down the ascending trend line, i am inclined toward the bulls being in charge.

D_Sultan7

The Price is moving within a specific range which is descending and is expected to further follow a bearish trend.