Fahad-Rafique

Fahad-Rafique

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.

Fahad-Rafique

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.

Fahad-Rafique

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.

Fahad-Rafique

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.

Fahad-Rafique

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.

Fahad-Rafique

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.

Fahad-Rafique

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.

Fahad-Rafique

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.

Fahad-Rafique

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.

Fahad-Rafique

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.

Fahad-Rafique

Price was in a strong uptrend, however the bearish divergence emergence on four hourly indicates the control of bears, which if further affirmed by the break of previous higher low. If the current momentum sustains then we can expect further slide in price as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

A matured bullish divergence has appeared on daily time frame, indicating the control of bulls. If the momentum sustains then we can expect a bullish rally from this support region as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a downtrend, however the matured bullish divergence indicates that bulls are assuming control of the price action. If the momentum sustains then we can expect a bullish rally as per Dow theory. Moreover, previous lower high is successfully broken and a higher high is printed instead further validating bullish control. Targets are mentioned on the chart.

Fahad-Rafique

Price was in an uptrend, however the emergence of bearish divergence indicates bearish control, the sentiment is further validated by the break of previous higher low. If the momentum sustains then we can expect further lows as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong down trend, however the bullish divergence hinted that bulls are trying to win control, this notion was confirmed by the break of previous lower high and printing of higher high. If price breaks this freshly printed higher high then we can expect a bullish rally as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in an uptrend, however a matured bearish divergence indicates that bears are trying to assume control of the price action. First lower low is printed successfully, and if that breaks then we can expect a bearish rally, as per Dow theory. Targets are mentioned on the chart.

Fahad-Rafique

Price was in a strong downtrend, however the bulls have answered the call and have managed to print a higher high, which according to Dow theory is the first indication of bullish control. If the momentum sustains then we can expect further upside in price action. Targets are mentioned on the chart.

Fahad-Rafique

Bulls seem to have assumed control of the price action, as previous lower high is broken successfully, and a higher high is printed instead indicating good grip of control of bulls on price action. If the momentum sustains then a bullish rally is on the cards, as per Dow theory. Targets are mentioned on the chart.