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Bullish Indications 1. Tweezer Bottom and 3 White Soldiers 2. Tested Strong Support 3. Bullish AB=CD Pattern 4. Bearish Trend is Mature Enough 5. Need to Break Resistance Upper Trend Line 6. Found a very strong bullish divergence on 1D 7. Falling Wedge 8. 11 out of 16 times remain bullish Bearish Indications 1. Lower highs and Lows 2. If it breaks support then we...

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Bullish Indications 1. Higher Highs and Lows 2. Tweezer Bottom and Bullish Engulfing on HL 3. Break 0.5 fib support level 4. Break Upper Resistance Trendline 5. Formation of Bullish Flag 6.12 out of 16 years December remains bullish 7. Trend is not mature enough to make it a reversal Seasonal Data for the Past 15-16 Years Dec-06 => Green Dec-07 => Green Dec-08 =>...

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Bearish Indications 1. Lower Highs and Lows 2. Three Black Crows on LH 3. Significance Resistance and support area 4. Head n Shoulder Reversal Pattern 5. 0.6591 and 0.66903 fib levels restest on 1D TF 6. Significance Bearish Divergence Bullish Indications 1. December Remains positive for the last 3 years There are more bearish indications so I will open a short...

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I have noticed the nature of the chart from some previous data that is listed below: 1. The price action goes down in the range of 20 to 30% 2. The price action goes up in the range of 25 to 30% 3. The price action goes in the range of 50-80 days Going to take a long position due to some reasons as listed below: 1. Trend is Bullish 2. Recently form an inverse...

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I am checking the nature of the XAGUSD from the previous 10-12 years chart. By looking at the nature of the chart I realized the following things: 1. Forming a Bearish Rally inside a parallel channel 2. Break the rally and forms a range 3. Completes the range and forms a parabolic shape/ cup n handle pattern 4. Moves upside after completing the pattern It...

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While Observing the month of December from 2010 to 2021. It has 40% bearish and 60% bullish It has also formed a triangle pattern it already gives respect to the support trend line two times and multiple times resistance trend line.

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I am taking a long position in NZDUSD due to the formation of an inverse head and shoulder pattern as we saw in the chart it also broke the resistance trend line as well as break the neckline so we have confirmation of the pump equal to the length from the head to the neckline The Head and shoulder is a reversal pattern so it can change the trend also from bullish...

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I am taking a long position in USDCAD as we saw it recently form a cup and handle pattern which is a continuation pattern. As we saw previously there is a bullish trend before the cup and handle pattern so we expect it to continue after the formation of the pattern. As we have seen how beautifully it is going up the same length from the middle of the cup after the...

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I am taking a short position in AUDUSD because it is forming a BAT Harmonic Pattern. I have put my SL slightly tight because we don't have any confirmation about complete PATTERN unless it breaks Point B so we can take a risk to open a SHORT trade On Daily TF it is in a bullish trend and it does not break its previous High and it forms a double TOP Pattern Let's...

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I am taking a long position in USDCHF due to it recently forming a rising wedge pattern now the market is sideways and it nearly retests its support level By taking a 1:1 risk and reward I have opened a long position as well as it is forming three white soldiers which means bulls are more active than bears So let's see what happens next

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I am taking a long position in LINKUSDT because at a higher low it creates a bullish hammer after red candles as well as it tests its 0.236 fib level Let's see what happens next

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I am taking a long position at USDCHF because after a bearish trend/rally it moves sideways in a range. After testing support multiple times it will hopefully be going in an upward direction as well as it has a good resistance level at 0.236 fib level Let's see what happens

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According to my technical analysis, It is forming an ascending parallel channel by creating a bullish Rally. According to the DOW Theory, it is forming Higher Highs and Higher Lows. When I pick a trade it is already creating a new High and it needs to be retraced back to create a new Higher Low. If we see the previous Higher High then it also creates a Shooting...

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I am taking a long position in the Gold pair because it created a new Higher Low (HL) after Higher High (HH) also according to the fib tool it takes a retracement of 0.236 level. It also makes an AB=CD Harmonic Pattern so hopefully, it will make a new Higher High (HH) by creating a CD Pattern with the same length as AB It also creates an Elliot Wave Cycle as a 0...

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I am taking a short position in GBPUSD because of the formation of a bearish Bat Pattern and it also does not break its previous HH and the market becomes sideways so hopefully, the market will become bearish

hassamsaeed Updated 

Analysis of GBP/USD in 1hr TimeFrame for MT5 Capital X-Tend Demo Account