AUDNZD has possible trade opportunity at Lower high. Hopefully will continue to make higher high's.
- Pair is currently making HH and breaking previous structure. - Last impulse limb went from 1.35150 to 1.35700. - Since, price has retraced to 0.382 fibonacci value making HL of 1.35449. - No bullish divergence has been identified. - Price has not completely retraced to trend line. - Possible bullish entry at 0.382 fibonacci ratio of 1.35490.
- NZDUSD is currently making LH and LL showing classic down trend. - Last impulse move went from LH of 0.59930 to LL of 0.59396 a move of 53 pips. - Since, price has retraced to 0.618 fibonacci value making LH of 0.59735 a move of 33 pips. - No bearish divergence has been identified. - Price has completely retraced to trend line making a bearish confluence. -...
Crude Oil is turning bearish as it has made lower low. One should wait for proper lower high as well. Trend is Bullish on daily timeframe though.
EURUSD is continuing its bearish trend which lower high and lower low. Possible trade opportunity seen.
- Pair is currently making HH and HL showing classic up trend. - Last impulse limb went from 1.08628 to 1.09155. - Since, price has retraced to almost 0.618 Fibonacci retracement value making HL of 1.08838. - Price has completely retraced to trend line - Bullish confluence is observed by price moving to 0.618 fib level and touching trend line - Bearish divergence...
USDCHF is in continuous bullish trend and making HH and HL.
EURGBP has shifted to a bullish sentiment by forming HH and HL. Possible trade opportunity.
USDJPY is continuously making higher high and higher low. I have to get inside the current trend and avail my profits. Lets see how it turns out.
EURUSD is in bearish trend as it is making lower high's and lower low's. Possible trades given with 2% capital risk.
USDCHF are currently trending in bullish pattern making higher highs and higher lows. Possible trade opportunity given.
PSO has recently changed into bearish trend by making lower low and lower high. Lets see how it unfolds.
XAU USD has turned bullish by showing higher high and higher lows. Possible trade opportunity.
WTI is trading in bullish as it is printing "Higher Highs" and "Higher Lows".
I am expecting for stocks to fall after a certain rise. Mostly due to economic situation. It might rise a bit about 106.56 but you can short it from there and aim for 2:1 profit risk ratio. Let see how it unfolds. Beauty of the market is uncertainty!!!
wait for the signal. OGDC might go for a 50% retracement on downtrend.
LUCK will be at a cross point at 702 levels, where we should look out for potential reversal pattern. This might be an elliot correction wave leading to long term bearish pattern and earnings have decreased as well which could support it. On the other hand, we can see bullish pattern, if market decide to get support from 606.32 levels and decreasing oil prices can...
It seems like PRL is going to enter a short term retracement as it faced rejection at a key level of 21.99. If volume falls further, expected retracement is at level of 17.79 (about 50% retracement from a key move upward. It may go a bit downward to 60% retracement of its initial move, but nothing to worry. It may be a good point to buy again. As elections has...