Following trendline and Dow theory form HHs and HLs. could be a possible HL and trend may continue.
Currently following DOW theory forming Higher Highs and Higher Lows, this could be defining a HL. minor bullish divergence also exists.
Currently in downtrend could be defining a higher low.
Rejected from the strong resistance zone ,also has formed Lower low, Bearish divergence existed at 1hr Time frame
IT seems that bulls are exhausts now and pair is unable to make next higher high. Good bearish divergence exists also confluence of fib 50% and strong resistance exist . it could be a reversal point.
Currently making Higher Highs and Higher lows, this could be a higher low and maybe it continue trending pattern.
Following a trendline with DOW theory could be at Higher Low.
Currently following a trend line and making Higher highs and Higher Lows. Could be a reversal point as its formed bearish AB=CD pattern and there is very strong bearish divergence at 1h frame. IF want to take a safe trade then one can wait for trend line break or bearish signal. Note: This analysis is for education purpose only.
Currently following a downward trend line forming Lower lows and lower high and currently at lower high NOTE: this analysis is for learning purpose only.
Following DOW theory currently at HL could make another HH and follow trend. also USD is bullish. Atm against other currencies so probablity of make HH is higher Currently following trendline CORRECTION SL =113.463 NOTE: This analysis is for education purpose only.
Currently in bearish momentum, following lower lows and lower highs but it is at very strong resistance zone could be a potential reversal but might take time ,have slight bullish divergence also at 1H. IF sl hit then it go for forming AB=CD pattern NOTE: This analysis is for education purpose only
Currently in bullish momentum and at lower high as per dow theory. note: This analysis is for education purpose only.
Currently in downtrend and following a trend line up till now, at Higher Low could be a good opportunity for entry for short selling NOTE: This analysis is for education purpose only.
Currently bullish but pair has some bearish divergence hidden Note : This analysis is for education purpose only
Bullish divergence can move upward from here its also on very major support level NOTE: This analysis is for education purpose only.
Currently in bullish zone and facing resistance area, Could reverse or reject from 0.618 FIb level. NOTE: This analysis is for education purpose only
there is a hidden divergence, also the Lower low is formed earlier but GBP is bullish against other currencies, still it can break from here. NOTE: This analysis is for education purpose only.
creating HHs and HLs (major swings) as per DOW theory currently very bullish and at the HL, IF TP is achieved then trade can be trail on HHs and HLs as stop loss. NOTE: This analysis is for education purpose only.