AAhmad21

AAhmad21

Nas seem to be taking a correction as it broke down from the rectangle range. potential target in the range of $12600 to $12500. Still no bullish divergence on any TF so, expect the downward move to continue in the short term.

AAhmad21

The current bias is short as the price seems to be rejecting from the resistance. A bear flag can be seen on 1Hr time frame as well as a potential H&S formation at 4H. On the bigger time frame, the pair is still bullish and this is expected to be short term correction.

AAhmad21

Looking through the chart from 2000 onwards, an interesting pattern has been noted and key observations are: 1. January monthly candle seem to be following a trend. Whereby once the trend is bullish, it seems to be lasting for 3 to 4 years consecutive and vice versa.. at least from 2008 onwards (see the table). 2. For example, the monthly candle closing for...

AAhmad21

Going long based on the below bullish indications: 1. Series of HHs and HLs 2. Rising Trendline intact 3. Ascending parallel channel 4. Price at horizontal support and bouncing 5. Fib 0.618 (23.345) support confluences with point 4. above 6. Bullish Engulfing at support Also note potential double top, so will be watching it closely and switch the direction of...

AAhmad21

The pair is looking bearish although a slight pull back is expected creating a new LH before continuation downward. Series of bearish indications including: 1. LH & LLS 2. Double top indicating trend reversal 3. Bearish engulfing 4. Recent support break 5. Descending channel break down. The plan is to go short at a new Lower High.

AAhmad21

Going short as short term bearish move expected based on the following: -Head & shoulder pattern indicating reversal. Price broke the neckline and now neckline acting as resistance. - Unable to break strong horizontal resistance at $16.8k, volume getting low. - Bearish candle confirming the downward move. - Expected target - $16.2K

AAhmad21

Going long as bullish trend seem to be continuing based on the following: - Series of HHs and HLs (dow theory) - Bullish divergence - S & R - Price bouncing from support

AAhmad21

Going long as price has broken above the ascending triangle and strong bullish momentum.

AAhmad21

Going short as price has broken below the rising trendline.

AAhmad21

Going long as doge looking bullish-Symmetrical Triangle indicating bullish trend continuation.

AAhmad21

Going long as bullish trend seem to be continuing after a decent pull back. Price seem to be respecting the current support, therefore a move towards the upside looking likely together with positive price action. Expect the next resistance around the fib level 0.382 (0.68739).

AAhmad21

Going long as bullish trend continuing after a slight pullback, previous resistance now acting as a support and price holding strong above the previous HL. Expect the next resistance to be around FIB 0.382 level.

AAhmad21

GOING LONG as the price has broken the previous LH and bulls looking strong.

AAhmad21

NZD seem to be outperforming AUD, and trend seem to be continuing. Therefore going short.

AAhmad21

Price seem to be at a resistance, hanging man spotted indicating a corrective move ahead.

AAhmad21

Trend appears to be bullish. Going long as the price reaches HL.