Alee_Kolachi

Alee_Kolachi Updated 

Putting the Fib and applying the simple DOW Theory. Taking two trades, one of TP1 and other one of TP2

Alee_Kolachi Updated 

Double Top Pattern Plus Bearish Divergence Sell as the price breaks the previous Higher Low and will start moving downwards.

Alee_Kolachi Updated 

EURCAD - Sell Stop EURCAD has a 92% short sentiments of forex factory. The chances are that when the price breaks the previous higher low, it will continue a downward trend.

Alee_Kolachi Updated 

EURNZD - Buy Stop EURNZD on a 4H timeframe has been showing a downward trend since May but we can see a falling wedge plus bullish divergence which suggests the price may go up. If the previous Lower Low is broken, we'll drag the trendline and wait for the lower high to be broken and trade accordingly.

Alee_Kolachi Updated 

NZDCAD - Sell Stop Bearish Divergence + Rising Wedge chart pattern shows signs of trend reversal and the price will continue to move down if the previous higher low is broken.

Alee_Kolachi

AUDCAD - Sell Stop AUDCAD may start a downward trend as there is a prominent bearish divergence. It's in the consolidated phase and will start to go down if the rectangular continuation pattern is broken.

Alee_Kolachi

XAUUSD - Buy Stop XAUUSD chart shows that when the price breaks through the trend line and breaks the rectangle accumulation phase, it'll start an upward trend hitting TP1 and TP2.

Alee_Kolachi

Bearish Divergence + Double Top, we'll sell if it breaks the previous HL Entry Price: 169.925 Stop Loss: 170.560 Take Profit: 169.2900

Alee_Kolachi

Double Top Pattern along with strong resistance formed at the top. Entry: 1.07586 Stop Loss: 1.07918 TP1: 1.0725 TP2: 1.0692

Alee_Kolachi Updated 

Bearish Divergence will most probably reverse the trend as it suggests the momentum of bulls is getting low

Alee_Kolachi Updated 

Bearish Divergence shows the momentum of Bulls is getting low and a possible downward trend is expected. Bearish Divergence plus an AB=CD pattern formation will reverse the trend. I have taken two trades of 0.5% each. In this case, if I lose, I'll lose 1% max and if both trades TPs are hit, I'll make 1.5% so the overall reward is higher while at the same time...

Alee_Kolachi

Bullish Divergence plus retracement from the 61% FIB level, the chances are that the price will go up if it breaks the previous lower high and then continue to go up.

Alee_Kolachi

GBPCHF has formed a head and shoulders pattern with a bearish divergence. This shows that the trend may reverse and GBPCHF may go bearish now. I was to place the sell stop order but it has already triggered so we will place instant sell.

Alee_Kolachi Updated 

As per the DOW Theory, we will sell at the break of the previous lower low and then set the stop loss and take profit accordingly.

Alee_Kolachi

NZDJPY is forming a double bottom reversal pattern with a bullish divergence which shows that there are chances that the price may go up when it breaks the previous lower high. We'll put the buy stop at the point with proper stop loss and take profit.

Alee_Kolachi Updated 

Sell EURCHF after the reversal of AB=CD Pattern and the breakout of Rising Wedge. We'll sell at 0.9537 with Stop loss as 0.95374 and TP1 and TP2 accordingly. I'll take 0.5% risk of my portfolio.

Alee_Kolachi

Rising Wedge + Bearish Divergence Price has probability to go down.

Alee_Kolachi Updated 

Following Dow Theory, selling at the 50% retracement