WaqasWasi

WaqasWasi

The NZDUSD has demonstrated a robust uptrend, with recent observations of divergence on the 1-hour timeframe. Subsequently, a discernible double top pattern has emerged, signaling a potential conclusion to the bullish phase and a prospective transition to a bearish trajectory. In the event of a neckline breach, the recommended trade stance is to initiate a short...

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The AUDUSD pair has been exhibiting a robust uptrend characterized by consistently forming higher highs (HHs) and higher lows (HLs). However, a notable divergence was identified on the 1-hour timeframe, signalling a potential shift in momentum. Subsequently, a prominent Double Top Pattern has emerged, suggesting a possible reversal of the prevailing trend,...

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A Head and Shoulder pattern has been observed on EURNZD on the 1 hour time frame, following Bearish Divergence earlier, hence confirming a trend reversal, if the price breaks through the neckline. Trade Call: Short Entry: 1.79589 (Sell Stop) SL: 1.80519 TP1: 1.78689 TP2: 1.77789

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GBPAUD has been trading in strong Bearish Trend, however divergence has been observed, followed by a Double Bottom Pattern, which further confirms a reversal in trend. Trade Call: Long Entry: 1.92251 SL: 1.90842 TP1: 1.93651 TP2: 1.95051

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EURUSD has been trading in a strong Bearish trend. Divergence has been observed, following which a falling wedge patterns has been observed further confirming a trend reversal to Bullish. Trade Call: Long Entry: 1.06899 SL: 1.06094 TP1: 1.07704 TP2: 1.08509

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USDCAD has seen a strong Bullish trend. However, a clear Head & Shoulders Pattern has been observed on the 1 hour time frame, confirming reversal of trend to Bearish. Trade Call: Short Entry: 1.37211 SL: 1.38064 TP1: 1.36359 TP2: 1.35500

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Trade Call: Short Entry: 1.93104 (Sell Stop) SL: 1.94080 TP1: 1.92130 TP2: 1.91150

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Trace Call: Long Entry: 1.93434 (Buy Stop) SL: 1.92741 TP1: 1.94130 TP2: 1.94820 Trace Call: Short Entry: 1.91257 (Sell Stop) SL: 1.91950 TP1: 1.90564 TP2: 1.89871

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Trade Call: Long Entry: 69701.70 (Buy Stop) SL: 67274.22 TP1: 72101.70 TP2: 74501.70 Trade Call: Short Entry: 58665.30 (Sell Stop) SL: 61092.78 TP1: 56265.30 TP2: 53865.30

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BTCUSD is currently exhibiting a consolidation pattern, displaying discernible support and resistance levels. In light of this market structure, an optimal approach involves employing stop orders. Specifically, one may consider executing a buy order should the price surpass the R2 resistance threshold. Conversely, a sell order could be initiated if the price...

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The EURUSD pair appears to be consolidating within a defined range. A potential trading strategy entails initiating a Buy Stop order should the pair breach the R2 resistance level at 1.08646. Conversely, a Sell Stop order would be considered should the pair break below the S2 support level at 1.07905. Trade Call: Long Entry: 1.08673 (Buy Stop) SL: 1.08451 TP1:...

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USDCAD seems to be in a strong Bullish Trend printing series of HHs and HLs. R1, R2 & R3 at 1.36067, 1.36149 & 1.36484 respectively. The price seems to have retraced back from Fib 0.618 level. If the price breaks R2 level, it is likely to continue in a Bullish Trend and move toward the TP level. Trade Call: Long Entry: 1.36201 (Buy Stop) SL: 1.35468 TP: 1.36933

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Trade Call: Long Entry: 3524.31 (Buy Stop) SL: 3434.33 TP1: 3611.29 TP2: 3701.27 Trade Call: Short Entry: 3198.63 (Sell Stop) SL: 3263.25 TP1: 3134.01 TP2: 3069.39

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Trade Call: Short Entry: 2282.16 SL: 2305.39 TP1: 2258.93 TP2: 2235.70

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Trade Call: Short Entry: 1.08304 SL: 1.08447 TP1: 1.08160 TP2: 1.08020

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Trade Call: Short Entry: 1.08486 (Fib 0.382) SL: 1.08768 TP1: 1.08200 TP2: 1.07920

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Trade Call: Long Entry: 2287.71 SL: 2269.45 TP1: 2305.71 TP2: 2323.71

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Trade Call: Long Entry: 0.59700 (Market Execution) SL: 0.59511 TP1: 0.59891 TP2: 0.60081