usamaabrar22

usamaabrar22

On Weekly timeframe , NAS is in a solid Bullish trend and seems to be forming an ABCD pattern with D point projection at 20500. As per Seasonal bias of NAS, it is bullish 6/9 times in MAR, 7/9 times in APR (current month) and 6/9 times in MAY so we can expect the Bullish trend to continue. Overall, if we combine Weekly timeframe analysis and Seasonal...

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On Daily timeframe , NAS is making a retracement within Bullish trend. The key levels to watch are 17430 (0.236 Fib) and 16785 (0.382) . When we observe this Bullish trend that started in NOV 2023, every retracement is around the 0.236 Fib level so this it is highly likely that if retracement is to be made, it is made from this level. On 4hr...

usamaabrar22

Fellas, NAS fell as per our prev. analysis and now it has played the RSI Divergence on 4hr timeframe. This may be continuation of Bullish trend or a Triple Top chart pattern. I recommend a trade of 1:1. Execute well!

usamaabrar22

Fellas, there was PPI news today and as a result of that, NAS fell from 17923 to 17669. Thats a move of ~250 pts down within 90 mins. And with that, it forms a (big) Bearish Engulfing candlestick on 4hr timeframe as well as a Tweezer Top. It makes a Double Top chart pattern as well on 4hr timeframe. The weekly timeframe and the daily timeframe, also signal NAS...

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Fellas, NAS is in a sound Bullish trend and has just made a new High on 4h timeframe. There are three reasons I think the Index is gonna go down: 1. Bearish Divergence on RSI (Spans almost a month) 2. Formation of HH (DOW Higher High) 3. Candlesticks: Bearish Pin bar on 4hr timeframe, and Shooting Star on 1d timeframe Entry: 17864 SL: 17968 TP: 17655 Note:...

usamaabrar22

Fellas, Take Risk according to your Risk Management plan, I take 3% Risk on Swing opportunities on 1d timeframe.

usamaabrar22

The presence of Rising Wedge and Bearish Divergence indicates that gold should go down like this.

usamaabrar22

NAS is in a solid Bullish trend, and has just tested a major Support level (15250) which also happens to be the previous HH. We also observe a strong Bullish divergence on 4hr RSI. Continuing the Bullish trend, NAS is making a HL (Higher Low). This tells us that the next week is likely to give us a very good Upward move. Entry zone: 15095 - 15195 SL: ...

usamaabrar22

Hi fellas, we observe a very good Entry in Gold, Here are the 5 reasons you should be confident about Gold going Bullish: Trendline Support on 4hr timeframe / Strong Bounce There was a Bearish Divergence as a result of which, the price fell from 2048 to 1992, and the divergence spell seems to have ceased now On 4hr timeframe, the last closing closing...

usamaabrar22

Hi fellas, There are 5 reasons it seems that Gold is likely to enter a Bullish rally in coming days and it may touch 2000 in the coming week or two. Here's Why: Trendline Support on 4hr and 1hr timeframe Last 4hr closing represents an Inverted Hammer (Bullish candlestick) The 3rd last closing on 1hr timeframe represents a Tweezer Bottom (Bullish...

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Hi fellas, FED Chair Powell Testimony is scheduled at 10:00 AM. If the Bullish trend is to continue, there seems two be two major possibilities: Gold retraces from 0.382 Fib level (near it or around it) Gold retraces from 0.5 Fib level (near it or around it) Entry: 1832.5 SL: 1822.5 TP: 1862.5 If both of this doesn't happen, The Bullish trend of Gold...

usamaabrar22

USDJPY is in Bearish Range, Its time to short it. Entry: 130.249 Stop loss: 130.615 TP: 129.082 Let's see.

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The Script was Bullish in November, December last year, then entered a correction phase which lasted for half of January. Now, its Bullish and seems to travel within a Bullish Range. With the presence of Three White Soldiers, Three Inside Up and Bullish Divergence on MACD, the script signals a Bullish run. Entry: 1.23999 SL: 1.23403 TP: 1.25673 Let's see.

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USDCHF is travelling in a Bearish trend, and travelling in Range. After testing the Range Resistance level, the stock seems to continue a Bearish rally. Entry: 0.92031 SL: 0.92286 TP: 0.90950 Let's see.

usamaabrar22

USDCHF has been in Bearish trend from a couple of days and now hints a Bullish reversal. There are more than one signs of Bullish reversal including: Bullish Bat on W chart Bullish Bat on W chart Bullish Flag Divergence on MACD and RSI Aggressive Red candles in the first half of NOV need an answer Respect of 0.236 Fib channel Trendline on Lows If you...

usamaabrar22

USDCHF has been in Bearish trend from a couple of days and now hints a Bullish reversal. There are more than one signs of Bullish reversal including: Bullish Bat on W chart Bullish Bat on W chart Bullish Flag Divergence on MACD and RSI Aggressive Red candles in the first half of NOV need an answer Respect of 0.236 Fib channel Trendline on Lows If...

usamaabrar22

So, The visible trend in Price Action of USDJPY on 1d candle is Bearish. Now, there are two possiblities of next bearish move. Either, the price tests or false breaks the level of 134.388 (Scenario 1) or it simply forms a Bearish reversal from 133.658 (Scenario 2). In both scenarios, the Risk Reward ration would be good. As per Time cycles, USDJPY should make a...

usamaabrar22

Price Action of USDCHF shows Tweezer Top, Three Inside Down and a Hammer, and looking at the past patterns, we see that after every bold rejection, the price falls and almost touches the starting point of Bullish rally. The Bullish trend is also pretty steep, so chances are that the Trend reversal should occur. Let's see.