fahadidrees92

fahadidrees92

Long entry with Buy stop order on breakout, Double bottom or head and shoulder pattern can be seen before breakout. calculate risk before entry and manage risk with SL

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AUDUSD exhibits a classic head and shoulders pattern, suggesting a trend reversal. Consider entering a short position upon a confirmed breakout below the pattern's neckline. and set a stop-loss above the shoulder point to manage risk. Target potential resistance levels for profit-taking.

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The GBP/USD pair presents a compelling technical setup on the 4-hour chart, featuring a potential 1.27 AB=CD pattern. This pattern suggests an impending bullish move as price retraces around 127% of the initial leg. Furthermore, there's evidence of RSI divergence, where the price forms higher lows while the RSI indicator forms lower lows, indicating a potential...

fahadidrees92

Printing LL and LH, Taking entry on Breakout of LL with sell stop order and calculated Risk.

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Identify the harmonic AB=CD pattern and bearish divergence on the Gold chart. Place a sell stop order . Set a stop loss for risk management. Target take profit levels based on technical analysis.

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On the 15-minute timeframe, PHBUSDT is displaying a potential bullish reversal as there is a divergence observed on the Relative Strength Index (RSI). Traders can consider entering a long position on a breakout above the previous swing high (LH) for confirmation of the reversal pattern. To manage risk, set a stop-loss order below the recent swing low and adjust...

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CADJPY has formed a potential double bottom reversal pattern on the daily chart, indicating a potential bullish reversal. Additionally, there is a divergence observed on the Relative Strength Index (RSI), further supporting the bullish scenario. Traders can consider entering a long position upon a breakout above the neckline. For risk management, set a stop-loss...

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Technical Analysis: USDJPY USDJPY is showing a potential bullish reversal as a divergence is observed on the Relative Strength Index (RSI). Traders can consider entering a long position on a breakout above the previous swing high (HH) for confirmation. To manage risk, set a stop-loss order below the recent swing low and adjust position size based on account risk. MFF1%

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The EURGBP pair has formed a potential double bottom reversal pattern on the 1H chart, indicating a possible bullish reversal. The pattern consists of two troughs at approximately the same level, with a neckline connecting the highs between them. Additionally, there is a divergence observed on the Relative Strength Index (RSI), where the second trough has a higher...

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The NZD/USD currency pair is showing a Cup and Handle pattern, indicating a potential buying opportunity. The pattern consists of a rounded bottom (the cup) followed by a smaller consolidation (the handle). Traders can consider placing a buy stop order above the handle's resistance level to capture a potential bullish breakout. we will consider cup resistance to...

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AUDCHF seems bullish trend after printing RSI divergence and now printing HH and HL

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Printing Lower low and lower highs with RSI divergence on Top which indicates trend reversal

fahadidrees92

RPLUSDT just printed HH and now its going towards HL point. we will wait for confirmation of new HH point to take entry. Rsi divergence also predict Reversal of trend which can be bullish onwards

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printed Lower low and lower high and breakout of Ascending channel and have RSI divergence

fahadidrees92

EURJPY is playing between ascending channel and we can take entry on breakout of higher high

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NZD/JPY is displaying a potential head and shoulders pattern, indicating a possible trend reversal. The left shoulder, head, and right shoulder form successive peaks, with the head being the highest. A neckline connects the lows between the shoulders. If the price breaks below the neckline, it could signal a bearish move. Additionally, RSI divergence suggests...

fahadidrees92

GBP/USD is showing a head and shoulders pattern, suggesting a potential trend reversal. The neckline break would confirm this bearish signal. Additionally, RSI divergence indicates weakening bullish momentum, while the AB=CD pattern suggests a potential target for the downward move.

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JPN225 (Nikkei 225) is showing a bullish flag pattern, RSI divergence, and a double top reversal pattern. Traders are advised to wait for a breakout below the last printed lower low point to consider a short trade, indicating a potential trend reversal in the market. Risk management is essential.