AUDUSD printed Bearish Divergence on RSI followed by a breakout of Trend Line suggesting a Bearish Shift. Entry is recommended at 38.2% retracement level of current price.
XAUUSD is printing a Symmetrical Triangle Pattern with no signs of divergence on the RSI. Breakout of the Triangle Pattern will result in a bullish shift. A safe Entry is suggested on the previous Higher Low to avoid a false breakout, with stop loss on the previous low. TP levels are suggested with RRR of 1:1 and 1:2. Happy Trading!
GTYR Printed a Bullish Flag with no signs of Divergence. A bullish trend continuation is expected, entry is suggested on the breakout of pole with stop loss on previous Higher Low.
GOLD printed a Higher High, and showed strong Bullish Divergence. It also printed a Bullish Flag Pattern. Entry on the breakout of resistence level is recommended.
On an hourly timefraame, EURUSD printed Bullish Divergence followed by a Bullish Pennant Pattern suggesting a Bullish shift. Entry is suggested on the breakout of previous high with a stop loss on previous low. TP levels are suggested with Risk Reward Ratio of 1:1 and 1:2
PSO:PSX printed a rising wedge pattern followed by a bearish divergence suggesting a Bearish Shift. Shorting is recommended as per the levels mentioned in the chart.
On an hourly timeframe, USDCAD printed Head and Shoulders pattern with RSI indicating a Bearish Divergence. The pair broke the neck line and is expected to have a bearish shift.
On 2h timeframe, USDJPY printed Double Top with RSI indicating strong Bearish Divergence. A Bearish Trend shift is expected.
On an hourly timeframe, USDCAD is printing Higher Highs and Higher Lows. A trade is suggested on 38.2% Fibb level.
DOGEUST broke the previous Lower High and printed a Higher Low. It also printed Bullish candlestick patterns on the dip which suggests a bullish reversal. An entry is suggested on 38.2% using the Fib Retracement tool with a RRR of 1:1 and 1:2
AUDJPY printed a Higher Higher and a Higher Low on an hourly timeframe. A bullish hammer was printed on the dip which indicates a potential bullish shift. An entry is advised at 38.2% fib level with stop loss being the previous Lower High; whereas the TP levels are advised as per the RRR of 1:1 and 1:2 respectively.
INJUSDT printed a series of Lower Highs and Lower Lows. INJUSDT also printed Bearish Candlestick patterns that suggest further downward run.
DOGEUSDT printed a double top pattern followed by a series of Lower Highs and Lower Lows along with Shooting Star candles on the previous Lower Highs which suggests continuation of downward momentum. Using the Fib tool, an Entry Price, Stop Loss and Profit Levels are defined with 1:1 Risk Reward Ratio.
EURGBP broke the previous Lower High and printed a series of Higher Highs and Higher Lows suggesting a Bullish Shift. Using the Fib Retracement tool, the Entry Price along with Stop Loss and Take Profit Levels are suggested.
On an hourly timeframe, CADJPY printed a series of Higher Highs and Higher Lows. Using Fib Retracement tool, an Entry Price along with Stop Loss and Take Profit levels are suggested
NZDUSD printing continous Lower Highs and Lower Lows with RSI indicator not suggesting any Divergence. A trade plan with 1% risk is defined using the Fib Retracement Tool.
SHIBUSDT is likely to continue it's streak for Higher Highs and Higher Lows. On an hourly timeframe, SHIBUSDT printed an inverted Bullish Hammer which suggests that the Bulls will be dominant.
On an hourly timeframe, AUDCAD printed an Evening Dogi Star followed by a series of Lower Highs and Lower Lows which suggests a potential downward momentum.