Fahad-Rafique

Fahad-Rafique

Price was in a downtrend on hourly time frame, however the double bottom reversal pattern coupled with bullish RSI divergence and break of descending trendline suggests that bulls are assuming control of the price action. If previous lower high is broken with good volume then a reversal is on the cards as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a downtrend, however the bullish divergence with a double bottom reversal pattern hints the control of bulls. If previous lower high is broken with good volume then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a downtrend, and respecting the descending trendline. However the bullish divergence coupled with double bottom reversal pattern hints that bulls are assuming control of the price action. If previous lower high is broken with good volume then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong uptrend, however now it seems that bulls are exhausted, the notion is further validated by a double top reversal pattern with bearish divergence. If previous higher low is broken with good volume, then we can expect a bearish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong uptrend, however now it seems that bulls are exhausted, the notion is further validated by a double top reversal pattern with bearish divergence. If previous higher low is broken with good volume, then we can expect a bearish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price went down for a small retracement on hourly timeframe, however the double bottom formation coupled with bullish divergence and breaking of descending trendline hints that bulls are assuming control of the price action. This sentiment would be validated with the break of previous lower high, according to Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a downtrend, however the double bottom reversal pattern hints on the return of bulls. If previous lower high is broken with good volume then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price went down for a small retracement, however it seems that the bulls have assumed control of the price action, as a double bottom reversal pattern is formed which could potentially lead to a bullish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong downtrend, however the bullish divergence with trendline break hints the return of bulls. If previous lower high is broken with good volume then we can expect a strong reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong downtrend, however a double bottom reversal pattern hints the control of bulls. If previous lower high is broken with god volume then we can expect a strong bullish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a downtrend on 15 min time frame, however a matured bullish divergence hints that bulls are re-assuming control of price action. If previous lower high is broken with good volume then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a downtrend, however the bullish divergence with a double bottom reversal formation hints the return of bulls. If previous lower high is broken along with the descending trendline, then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a downtrend, however the bulls seem to be warming up for assuming control of price action following the formation of a bullish divergence with double bottom reversal pattern formation. If previous lower high is broken with good volume then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price is in a strong downtrend, and respecting the descending trendline, however the matured bullish divergence with a double bottom reversal pattern hints the control of bulls. If the trendline and previous lower high are broken with good volume then we can expect a bullish reversal as per the Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a downtrend, however after the formation of a double bottom a higher high is printed which is an indication of the beginning of a bullish trend. Once the freshly printed higher high is broken we can expect continuation of the bullish trend as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a downtrend on 15 min timeframe, however a mature bullish divergence coupled with trendline breakout hints the control of bulls. If previous lower high is broken then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a downtrend, however the bullish divergence on 15 min time frame hints the control of bulls, if previous lower high is broken with good volume then we can expect a bullish rebound from the levels as per Do w theory. Targets are mentioned on the chart chart.

Fahad-Rafique

Price was in a strong downtrend, however the breakout of the daily descending trendline and printing of a higher high hints the control of bulls. If freshly printed HH is broken with good volume then we can expect a bullish rally as per Dow theory. Targets are mentioned on the chart.