Price was in a downtrend, however the bulls seem to have won control of the price action after the emergence of a bullish divergence which led to the break of previous lower high. If the momentum persists then we can expect a bullish reversal from here as per Dow theory. Targets are mentioned on the chart.
Price was in a strong uptrend, however a matured bearish divergence on four hourly time frame seems to be at play here as previous higher low is successfully broken. If the bears continue to asset their dominance then we can expect a bearish rally as per Dow theory. Targets are mentioned on the chart.
Price was in a good uptrend, however the bearish divergence hinted the control of bears which was further affirmed by the break of previous higher low. If the bears continue to assert similar pressure we can expect further slide in price as per Dow theory. Targets are mentioned on the chart.
Price was in a strong downtrend, however a matured bullish divergence hints that bulls are assuming control of the price action. If previous lower high is broken successfully, then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.
A strong downtrend seems to be exhausted as bullish divergence emerged on both daily and four hourly time frames. The bulls seem to be in control on the four hourly time frame as previous lower high is successfully broken and a higher high is printed instead. If the bullish momentum continues we can expect a bullish rally as per Dow theory. Targets are mentioned...
Price was in a strong uptrend, however a bearish divergence led to the break of previous higher low indicating control of bears on price action. If the momentum sustains then we can expect further drop in price as per Dow theory. Targets are mentioned on the chart.
Price was in a strong uptrend, however the bearish divergence on four hourly time frame led to the break of previous higher low, indicating bearish control. Moreover, there is also bearish divergence on daily time frame. If the freshly printed lower low is breached, then we can expect further downside in price action as per Dow theory. Targets are mentioned on the chart.
Price was in a good uptrend, however the bearish divergence on four hourly time frame hinted the bearish control, which was validated by the break of previous higher low. If the bearish momentum sustains then we can expect further downside in price action. Targets are mentioned on the chart.
Price was in a good uptrend, however the bearish divergence on four hourly indicates that bears are assuming control of the price action. The notion is further validated by the break of previous higher low. If the bears maintain their grip on price action then further downside in price is expected, as per Dow theory. Targets are mentioned on the chart.
Price was in a strong uptrend, however the bears seem to be assuming control of the price action owing to a bearish divergence on four hourly time frame. If the bearish momentum sustains then we can expect further slide in price. Targets are mentioned on the chart.
Price was in an uptrend, however a matured bearish divergence seems to be at play now on the four hourly time frame. Previous higher low is successfully broken, and instead a lower low is printed, if bears maintain their grasp on price action then we can expect further downside in price action. Targets are mentioned on the chart.
Price was in a strong uptrend, however a bearish divergence on four hourly time frame led to the break of previous higher low, signaling the control of bears on price action. If the bearish momentum persists we can expect further slide in price. Targets are mentioned on the chart.
Price was in a strong downtrend, however the bullish divergence on the four hourly time frame hinted the control of bulls, which is further validated by the break of previous lower high and printing of a higher high. If the momentum sustains then we can expect a bullish rally. Targets are mentioned on the chart.
Price was in a downtrend, however a matured bullish divergence seems to be at play on the four hourly time frame, first higher high is printed successfully, and if bulls continue to exert pressure then we can expect a bullish rally as per Dow theory. Targets are mentioned on thee chart.
Price was in a strong downtrend, however the bullish divergence on both four hourly and daily frame indicates that bulls are assuming control of the price action. If this momentum sustains then we can expect a bullish rally as per Dow theory. Targets are mentioned on the chart.
Price was in a downtrend, however a matured bullish divergence seems to be at play on thee four hourly time frame, as first higher high is printed. If bulls maintain the control then a bullish rally can be expected from here as per Dow theory. Targets are mentioned on the chart.
Price was in a downtrend, however the bullish divergence on daily time frame suggests that bulls are trying to attain control of the price action. The bullish notion is further confirmed by the break of previous lower high and printing of a higher high. If thee momentum sustains then we can expect a bullish rally as per Dow theory. Targets are mentioned on the chart.
Price was in a strong downtrend, however the emergence of bullish divergence on daily time frame, indicates that bulls are trying to assume control of the price action. If the momentum sustains then we can expect further upside in price as per Dow theory. Targets are mentioned on the chart.