marazzaq62

marazzaq62

Crude oil seems to be completing the phase of accumulation within falling wedge. Now it seems ready to break out of falling wedge and resume the uptrend. A bullish divergence on RSI also supports this assessment.

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DXY seem to be accumulating energy for breaking out of descending triangle after re-testing the support base of triangle.

marazzaq62 Updated 

EURGBP broke out from descending trendline and continues to trade in sideways direction. The formation of descending triangle with in sideways channel suggests bounce off from key support line and then bullish breakout from triangle.

marazzaq62 Updated 

Crude oil has broken out of descending trendline and is about to test key supply zone. Pullback to retest the falling trendline is expected before bullish continuation.

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EURGBP has pulled back from bullish impulse to a key support zone within double bottom structure. Expecting bounce back for bullish continuation from here.

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AUDCAD has broken out from falling wedge and seems all set to go bullish

marazzaq62 Updated 

Time to go long on EURGBP as price has broken out of falling wedge and approaching a key support level.

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Ethereum broke out of descending trendline and formed a bullish flag pattern. The price has retraced to test key support zone (base of flag pattern). Price has bounced from this zone several times in the past (denoted by circles) and is expected to go bullish again.

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Aluminum has kissed the falling trendline on daily time frame. Time to short. Price has shown reaction to this zone several times in the past as indicated b circle zones.

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AUDCAD has broken through descending trendline for the second time with good momentum. Hope it will sustain bullish momentum from support zone.

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Price has reached a supply zone and from here we can expect a pull back to support level.

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Silver has formed Cup and Handle pattern. A bullish break out from support zone seems very much likely.

marazzaq62 Updated 

USDCHF had broken a descending trendline and approached a key support zone aligned with neckline of W formation. Expecting a bullish move from here.

marazzaq62 Updated 

Price has managed to break above descending trendline and has sustained itself above 50 on RSI scale.

marazzaq62 Updated 

Gold looks to be in the process of making inverse head and shoulders pattern on 45mins TF.

marazzaq62 Updated 

GBPUSD broke past the descending trendline and seems all set to resume bull run after the retest of the neckline of Cup and Handle pattern.

marazzaq62 Updated 

Price is oscillating with in descending triangle. A bullish break out seems to be highly probable to test the upper bound of the parallel long term price channel.

marazzaq62 Updated 

Outlook for EURCAD seems bullish as the pair had broken through descending triangle and also retested its upper boundary.