Following the bearish divergence, price has given a breakout towards downside, first lower low is printed, and if the momentum continues, we can further expect slide in price action as per Dow theory. Targets are mentioned on the chart.
Price has given a good breakout, after the appearance of bullish RSI divergence on daily time frame. First higher high is printed successfully, and once the price defines a higher ow, it will move upwards as per Dow theory. Targets are mentioned on the chart.
Price was in a strong uptrend, however a bearish divergence appeared on the daily time frame, and now seems to be playing out too. Previous higher low is broken a lower low is printed instead, now price will move up a bit to define a lower high before journeying downwards again as per Dow theory. Targets are mentioned on the chart.
Price was in a strong downtrend, but it has given a good breakout and is consistently printing higher highs followed by higher lows, if the trend continues we can expect good bullish rally in coming months. Targets are mentioned on the chart. P.S This analysis is conducted on weekly time frame, and could take months to play out
Price has given a good breakout after a matured bullish divergence on daily time frame. First higher high is printed successfully, now the price is likely to define a higher low before moving to higher targets. Entry point, Stop Loss and Take Profit are mentioned on the chart.
Price has given a good breakout following the bullish RSI divergence, first higher high is printed successfully, now the price would define a higher low before moving to new highs as per Dow theory. Targets are mentioned on the chart.
Price was in a strong uptrend, however a bearish divergence led to the break of previous higher low and it seems that bears have taken control of the price action. first lower low is printed successfully, and if that is broken we can expect more downside movement as per Dow theory. Targets are mentioned on the chart.
Price was in a strong uptrend and respecting an ascending trendline, however the bullish RSI divergence on four hourly time frame, not only led to the break of trendline but also previous higher low. Now the price has printed a lower low and once it defines a lower high it would continue its movement downside. Targets are mentioned on the chart.
Price is in a strong uptrend, consistently printing higher highs and higher lows. Since there is no divergence yet on the daily time frame, hence more upside movement is expected as per Dow theory. Currently, the price is trying to define a higher low, which could potentially be at 0.382 of the fib retracement level and is also a support in form of higher low....
Price has given a good breakout following the bullish RSI divergence on daily time frame, first higher high is printed successfully, and if the momentum sustains we can expect new highs. Targets are mentioned on the chart.
Price has given a good breakout, and the bullish RSI divergence seems to be playing out well on the chart. First higher high is printed smashing the previous lower high, price would dip a bit define a higher low before moving to new highs as per Dow theory. Targets are mentioned on the chart.
Price has given a good breakout and bulls seem to be in control of the price action. If the bullish momentum sustains like this we can expect new highs for the price. Targets are mentioned on the chart.
Price was in a strong downtrend, however now the bullish RSI divergence seems to playing out, as the trendline is broken successfully followed by a higher high, which according to Dow theory marks the beginning of a bullish rally. Targets are mentioned on the chart.
Price has broken the ascending trendline after bearish RSI divergence appeared on four hourly time frame, and has also defined a lower low, which according to Dow theory marks the beginning of a bearish rally. Targets are mentioned on the chart.
Price has been in a downtrend for quite some time, however a big bullish RSI divergence has appeared on the four hourly time frame, indicating that bulls might be in control of the price action. Previous lower high is broken, and if the momentum sustains we can expect a bullish rally as per the Dow theory.
Bearish RSI divergence seems to be at play as previous lower highs is broken and as soon as the trendline breaks we can expect more downside movement as per Dow theory. Targets are mentioned on the chart.
Price has given a good breakout after bullish RSI divergence appeared on daily time frame, previous lower high is broken successfully and if the same momentum continues, we can expect a bullish rally from here. Targets are mentioned on the chart.
Price was in a strong downtrend printing lower highs and lower lows. However, the bullish RSI divergence on daily time frame suggested that bulls are waking up to the calling, and have managed to break the descending trendline and print a higher high. Price would now most likely define a higher low, before moving upwards to new highs. Targets are mentioned on the chart.