MuneebUddin

MuneebUddin Updated 

As we can see that a clear Uptrendline have been forming on 1 hr timeframe with prominent Higher highs & Higher Lows with no any divergence on Rsi so we can ride one more Higher High from this Higher low which is forming right now giving us discount prices where we can enter to book our profits on next Higher High.

MuneebUddin Updated 

We can see the distribution Phase as its consolidating that means it may start to fall if it breaks downward. So lets wait for the breaking of this wedge and we can ride it to book our TP. Another bearish divergence have formed on RSI indicating to be fallen soon (divergence on RSI always indicates us prior to the price action).

MuneebUddin Updated 

As we can see in the chart a Rising Wedge have formed along a bearish divergence on the RSI which indicated the decreasing Volume and Price is already on the premium area which shall be corrected on the hourly timeframe soon. If this wedge breaks downwards then we can expect the price to test the Daily Trendline for a Higher Low. If this happens then we can...

MuneebUddin Updated 

Bearish divergence spotted on an ascending channel on 1hr chart of GBPNZD. We can see soon that it may start falling or may go in distribution phase (Consolidation).

MuneebUddin Updated 

It initiated the bullish rally and then went to rest making a Bullish flag pattern, Now its matured so we can enter in it for Buy prospects.

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A falling wedge along a bullish divergence on RSI Formed on Gold. It may result in breaking of this wedge and gold may start print new highs on 1hr timeframe. Currently we can see that it seems like its in accumulation phase right now. And its been observed that rally comes after accumulation phase oftenly.

MuneebUddin Updated 

As we can see a rising wedge formed on 1 hr chart in ascending phase , Right after its appearance a bearish divergence also formed on RSI and its into the distribution phase right now so we can expect a descending phase will start after this. We can play it by placing our SELL STOP if this distribution rectangle breaks downward and then we can ride it...

MuneebUddin Updated 

It initiated the bullish rally and then went to rest making a Bullish flag pattern, Now its matured so we can enter in it for Buy prospects.

MuneebUddin Updated 

As we can see that rising wedge have been formed on USDCAD 1hr chart along a bearish divergence on RSI which may result in correction in price.

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Its a Rising wedge forming on GBPJPY with a bearish divergence forming on Rsi reflects that it may break soon.

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As we can see it has marked all time low recently but it has strong support at 0.64746 from where we are seeing buying again & again, forming a descending triangle but there are higher chances of bounce back from the support and may start to print new Higher highs & Higher lows. In that case we will take ride into it once it breaks the triangle upwards & retest...

MuneebUddin

As we can see that its in accumulation zone and have also made a double bottom pattern with a bullish divergence on RSI . We will wait for its completion till the marked neckline and then if it starts making a HL & HH so we can enter for a buy trade because a bull trend will be started in it surely.

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Since it was in bearish movement for long time, now has reached to its major support zone from where we can expect strong buy volumes in it. Bullish divergence have already been reflecting on RSI. Lets wait until the break of trendline then we can enter in it for long.

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It has formed Symmetrical Triangle with a bullish divergence which clearly indicates that it will show an upward movement till the 0.382 Fib level.

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As we can see AUDUSD showing a bullish movement since several hours but in actual it seems like completing a pattern of bearish flag. It will soon continue to move downward again according to the projection of flag. So we can enter into the trade after breaking the level of Pole's end and can ride it until 0.64756.

MuneebUddin

As we are seeing bullish rally in CHFJPY since several days, Now a mature Rising wedge with a Bearish divergence on RSI have formed and soon we will it starting Reversal movement or it may go in Distribution phase from where it will fall. But Chance for continuation is almost none.

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As we saw that CADJPY rejected to move in downtrend, it started to conbtinue in uptrend depicting the previously seen distribution phase as bullish rectancle and now it seems like it will continue to make Higher Highs & Higher Lows until 109.057 level. However we can enter into the trade for long keeping SL on last Support at 107.671.

MuneebUddin

It was ascending since several days then we saw a sudden drop of downtrend. It completed the formation of a bullish flag and now it has started continuing the advancing i,e Uptrend and will continue as per the projection of the flag. You can place your trade for long keeping SL on marked Support.