


MukhtarTecnicals
The coin seems in bullish momentum. Take entry at the retest of trendline support after it's given respect. Entry levels are mentioned on the chart. Maintain your position according to your risk rewards appetite.
Wait for break up of accumulated (Strong Resistances) or (wedge weaker Support) Then enter the trade with mentioned breakout levels. Bulls Points: 1. HHHL 2. Double bottom pattern 3. No Divergence Bears Points: 1. Rejection from 4 times respected Resistance 2. Rejection from 0.382 Resistance 3. Rising wedge pattern 4. Rejection 100 moving average 5. Oversold...
Price is bouncing in downward channel. Its in the middle of its bounce, Completing CD leg of Bearish Bat Pattern. There are strong Daily, 4 hourly and Fib support at current price level which can push the price upward. Happy trading.
TRADE PLAN: Entry 1719.00 SL: 1694.70 TP1: 1756.00 TP2: Ride the Trend with moving stoploss Bulls Points: 1. Bullish Engulfer 2. Bouncing from Fib and Strong support 3. Bouncing from Trendline support 4. Time cycle for downtrend is matured 5. RSI Divergence Bears Points: 1. LHLL 2. At 50 EMA moving average resistance
Bulls Points: 1. Bullish RSI divergence 2. Bearish Trend time cycle almost complete Bears Points: 1. LHLL 2. Bearish RSI hidden divergence 3. 6 out of 10 time July Bearish 4. 50 EMA is lower than 300 EMA
Points that favor bulls are as under: 1. Falling wedge breakout 2. Bullish Engulfer at support 3. Bullish divergence on RSI Trade levels are mentioned on chart.
In Accumulation phase at present. Take profit levels are mentioned.
1. Bearish Engulfer on Daily Chart 2. Bearish Divergence on daily 3. Testing Trendline and Fib (0.618) resistance in 1 hour TF 4. Dow, LHLL 5. Price is moving in Descending channel 6. Bearish Engulfer on 1 hour TF near at Resistance All above indicate strong bearish move. Overall the trend is bearish in larger time frame. But for smaller moves, this idea is...
1. Bullish Engulfer Candle on Support 2. Bounce from Strong 4hr support 3. Double bottom 4. Cup and Handle pattern on Daily 5. Bullish divergence on RSI This trade can take 3-4 months to fully mature. There is still uncertainity in global markets. So Gold is a safe heaven.
Inverse cup and handle pattern in formation. Wait for entry point. All levels are mentioned on chart.
Harmonic ABCD pattern in play. Targets are mentioned.
1. Bearish Engulfer Candle 2. Bouncing back from Fib Resistance 0.236 3. Respecting Trend line Resistance 4. XABCD Pattern Completion Above all are bearsh and no bulls are around, they are waiting at Fib Support.
USOIL is in downtrend. It has broken trendline support now testing this support as Fib Resistance 0.5 & Trendline Resistance. IF this Resistance is respected we can see a further downfall, which is on the cards. Otherwise if the Resistance is broken then we can see a bullish rally in oil. Take entry accordingly. Best of luck
Bulls Points: 1. HlH, HL 2. Above EMA 100 Bears Points: 1. Inverted hammer 2. Rejection at strong daily resistance 3. Divergence on Chaikin and Klinger Oscillators 4. Handle pattern formation in Cup&Handle pattern
The price in HH & HL formation, yet to test strong resistance at 0.86422. Till then the price has the potential to go upto that Resistance. So my Bias is bullish in short term. IF the Resistance is broken the trend can continue upward.
Lower high and lower lows In a downward channel rejection from EMA 100 Not at support now No divergences
The pair is making HH and HL, Inverse H&S pattern is in completion There is strong Daily, Trend line and Fibionacci, if its broken upwards Then we are good on the trade. You can either take entry on the levels mentioned in chart or wait for the pattern completion then take entry.
Bulls Points: 1. Taking support from EMA 60 Bears Points 1. LHLL 2. Rejection from Fib 0.786 3. Inverted Cup and Handle Pattern