faisal-101

faisal-101

all the details with buy stop order has been shown on the chart.

faisal-101

having a look at the chart, the price broke the bearish trendline strongly and then made a retracement, and now it is above the marked trendline it seems that the price will hit the "180" level for the second time

faisal-101

the price made a decent pullback, but now it looks like that trend will be bearish as soon as it breaks the marked support level. The overall trend is bearish, and more importantly, DXY is falling sharply, which suggests that the trend will remain downwards. Other useful information has also been given in the chart with also short position been drawn

faisal-101

Currently, the price is a bit away from touching the lower trendline, which is acting as a support level as it will be its latest HL. After that, it would be interesting to know how the dollar moves because, as technical analysis on the chart suggests, DXY should move upwards to maintain that parallel channel. Tariff event, war situation and couple of other major...

faisal-101

bullish divergence and price breaking trendline, these are some confluences that give a hint for a reversal trend, but one and most important factor to consider for a bullish trend is that if price breaks the marked LH, and for that I have also placed buy stop order on the chart with marked SL and TP

faisal-101

seems that the price will hit the trendline acting as resistance that has been intact for over 7 years. Currently, there is no major sign of reversal until price enters in marked area. So, it would be advised to look for buy setups on shorter time frames

faisal-101

price has completed its retracement from the .618 Fib level, also known as "golden pocket"; moreover, there is no any major sign of reversal. The projection of the bearish flag pattern s also shown on the chart. Instant selling with a marked stop loss would be good to enjoy decent profits

faisal-101

with no major sign of reversal, price action looks favorable for the continuation of an upward trend. You can place an instant buy, or u can wait for the price to come down at further level for better entry in both cases stop loss would be same at the support level which I have also mentioned

faisal-101

right now, the price is under a bearish trendline and has been rejected multiple times, but signs show a potential reversal trend. Bullish div on 4hr and as it can be seen that last LL has not been broken instead price has made support level there. look for buy setups only after price breaks the trendline came back to retest it then move upwards

faisal-101

fundamental analysis suggests that there are potential chances for the bull trend. currently, the price is coming at the significant support level. it would be interesting to see whether price action changes its direction or not

faisal-101

as the price is at important support level which has not been broken since 2002 and price has hit this level just for the fourth time and whenever the price does that we see the upward movement. My suggestion would be to look for buy setups on 4hr & 1hr as bullish divergence has been formed on 4hr. Buy stop order can be placed on 0.93244 level

faisal-101

just zoom out and u will get decent info to make bias. Although I'm bullish and buy stop on the latest HH would be good

faisal-101

right now the price is facing rejection couple of times from the bearish trendline as resistance. Overall trend is still bullish and I'm hopeful that pair will continue its trend. Look for bullish setups as soon as price breaks the trendline strongly and then came back to retest it make sure take entry at that level to enjoy maximum profits

faisal-101

just zoom out the chart and u will find a lot of information and analysis. I have mentioned stop loss on the .786 Fib level with instant buy

faisal-101

with no sign of reversal, the price action seems bullish as it has marked HL and is now ready to start the upward movement. By analyzing the trend, I believe that the price will mark HH with 4.50%, which is the average of the last two.

faisal-101

with no significant sign of reversal, the price seems ok to continue the parallel channel as it has touched the lower trendline the next possible move is that it will hit the upper trendline as it has done in the previous situations. Area of the next HH has also been marked on the chart, and also buy position with instant been shown.

faisal-101

as soon as a bullish divergence appeared on RSI the price sustained as last LL was not broken and we can also see a formation of support level there. Apart from this currently the price is breaking the bearish trendline, I have drawn resistance on the 68.32 level which has been tested a couple of times. If the price breaks this level this would indicate a bullish...

faisal-101

bullish divergence, last LL remained intact and was not broken, the price action marked support level and the it went upwards and broke the trendline. I have placed a buy stop order on the drawn resistance level and SL on the last HL