mustafabaig99
Nasdaq is repeating its seasonal pattern and behavior which is followed in 2020. It is in a bullish trend respecting the trendline making higher highs and higher lows exactly in the same way it made it in 2020.
Nasdaq is repeating it's seasonal pattern and behaviour which it followed in 2020. Respecting the trendline it is in a bullish trend making higher highs and higher lows exactly how it has previously made in 2020.
Nasdaq has tested the trend line on Daily TF. It shows a bullish divergence which indicates a trend reversal. It has stopped making lower lows and lower highs and has started making higher highs and higher lows.
Since there is a double bottom and bullish divergence made and reversal XABCD pattern made. I'm going long on GBPJPY.
GBPUSD has made its first HL and there is a bullish divergence which shows a trend reversal to be expected. Therefore going long on GBPUSD
EURUSD has made a bearish divergence and is sideways, therefore a trend reversal is expected so going Short.
AUDJPY is making higher highs and higher lows, It has made a fib retracement at 0.618 and a ABCD pattern could also be formed. There are very strong divergence at rsi therefore Going Long.
The metal is in bullish trend and is making higher highs and higher lows. At a greater timeframe silver has made an ABCD pattern and a correction at C going towards D. The bullish divergence can also be seen. Therefore Going Long on SIlver.
The pair is bearish and LL and LH. There is a retracement at 0.618. The DXY index is making HH and HL hence going short on EURUSD.
Gold is making LH and LL and is bearish. It has just made a fib retracement at 0.618 therefore making a C of the ABCD pattern. It will continue to go downwards therefore Going Short on Gold.
The pair has broken the trend line and has made a double bottom, shows bullish divergence on the rsi, moreover, the BXY index shows bullish divergence for GBP and AXY index shows bearish divergence for AUD. Therefore, going Long on GBPAUD.
The pair has just made a XABCD pattern and the Dollar index also shows bullish divergence, therefore, going short on EURUSD. Putting the TP on an strong support line.
BTC has made a XABCD pattern and shows bearish divergence, it has also tested a strong resistance but wasn't able to break it, hence, going short as it could be a trend reversal of lower lows and and lower highs.
Going long on EURAUD as there is a a trend reversal due to bullish divergence, and the AUD index shows bearish divergence, the Fib retracement is expected somewhere above 0.5. Therefore going long.
The chart is in a bearish trend and making lower lows and lower highs thus going short on NZD since an ABCD pattern could be completed at D which is the support line and TP1.
Silver has just broken the rectangle of sideways trend and therefore going long as it has created a head and shoulder pattern and higher highs and higher lows.
There is a trend reversal of BTC as it has completed the XABCD pattern and a bearish divergence is also observed so BTC will make further lower lows and lower highs and there will be a trend reversal observed. Therefire, Going Short on BTC
EURAUD is in bearish trend and it has just tested the bearish trendline thus it will complete the ABCD pattern therefore going short putting target on the support line following the trend of Lower Highs and Lower Lows.