ProTradeProfessor

ProTradeProfessor 3 hours ago

Story : Market was making series of HH and HL, and then market consolidated. However, bullish rectangular pattern can be formed which indicates market will most likely continue bullish pattern with an upside breakout. we anticipate market to give breakout on either side, with most chances of breakout on upside as the trend previously remained bullish. We plan...

ProTradeProfessor 8 hours ago

Story: Strong Bullish rally from previous - Market make a corrective move till 0.382 level of FIB and followed by Bullish Flag pattern. Anticipate : we anticipate market to continue the bullish trend and we plan our entry on the breakout of flag neck line. PLAN : entry point is break of neckline level, TPs will be as projected through Pole of FLAG.

ProTradeProfessor 8 hours ago

Story : Market has broken the consolidation zone (previous Support) and then moved with strong bear rally. market took a corrective move uptil a FIB level of 0.382 and then retraced back for the bearish rally again. Futher market has also formed Bearish Continuation pattern which is a good confluence for bears to hold. Anticipate : we anticipate market to...

ProTradeProfessor 12 hours ago

story : Market is making series of HH and HL. However the market has formed minor divergence which made the market to take corrective move uptil 0.382 level of FIb. further market is overall in bull trend with the formation of Bullish continuation pattern. anticipate: Bulls will take control of market and we anticipate that it will rise further after breaking...

ProTradeProfessor Jun 17

Story : We can see Bearish divergence on 1H time frame, which seems to be diluted followed by the consolidation region. however, if we look for the Bullish continuation signals we have Dow theory (HH and HLs) and bullish rectangular pattern which most likely shows upside control of Bulls. However, we also expect the market to break the rectangular pattern and thus...

ProTradeProfessor Jun 17

Story : Market has broken the strong support level of 1.35141 with good bearish momentum candle. This is a good sign of trend continuation. we plan our entry simply at the 0.382 level of fib once the market retraces which is 1.35279. Anticipate : we anticipate market to remain bearish as it has broken the support level Plan : we place our stoploss before the...

ProTradeProfessor Jun 16

Story : Market formed a BEARISH DIVERGENCE on 1H time frame and then divergence played well as we can see market broke the neckline (HL) and then continued series of LH and LL (Dow Theory) TRIPLE TOP kind of formation can also be seen before it continued bearish divergence Anticipate : I anticipate that market will continue series of LH and LL as there is no...

ProTradeProfessor Jun 16

STORY : Bearish Indications : 1- LH and LL 2- No Divergence 3- Symmetrical pattern 4- Seasonal Show USDCHF Bearish in June for last 15 years Bullish Indications: 1- SXF on 1H time frame make a bearish Divergence which indicates a strong corrective move in the index. if that happens market will make breakout above 0.81565 Anticipation : I anticipate in...

ProTradeProfessor Jun 16

Story : Market is making series of HH and HL with a trendline support respect. Market has respected Fib level of 50% on HL at 1.14747 level. Currently there is no divergence therefore we are ignoring any reversal or Harmonic pattern. however, Bullish Flag pattern can be seen on the chart. Also the Seasonal of this pair is Bullish in the month of June based on last...

ProTradeProfessor Jun 16

Story : USDJPY is forming a series of LH and LL (Bearish Trend). market has retraced to a Fib level of 50 Percent of long rally - thus forming a Bearish Flag Pattern. There is no divergence on the chart therefore we are not looking for any Harmonic or trend reversal patterns. Anticipate : It is anticipated that market will follow a bearish trend Plan: we plan...

ProTradeProfessor Updated  Jun 16

Hi Guyz, welcome to other episode of analysis for GBPUSD. From our 1H chat, it is seen that as per DOW Theory, the market has broken the HL and it seems like market has entered into the bearish trend However, the catch is there is no divergence followed by the break of HL. It implies that market is taking a corrective move, which is 50 percent of FIB level. Thus,...

ProTradeProfessor Updated  Jun 13

AUDUSD has completed AB=CD pattern and it seems like market will take a reversal from here, we need to check if there is divergence. if YES, we can take entry on the 1st LH and LL followed by the break of HL. entry and TP is planned / mentioned accordingly.

ProTradeProfessor Updated  Jun 13

Bullish Indications: 1- Market Broke the LH and formed 1st HH 2- Market Broke the trend line resistance 3- Bullish Divergence on 4H time Frame Entry Plan: Waiting for the market to retrace to the 38% of Fib Level which Coincides with the Trend Line Support and Support Level

ProTradeProfessor Jun 12

Hello Guyz, Based on my research, I am projecting price to rise high, making new HH, after that, there would be bearish divergence followed by any reversal pattern like a rising wedge, H&S or a double top (most likely). After that, it will break the HL and we can instant Buy (sell stop pending order) with a projected TP and Stoploss placed slightly above the HH....

ProTradeProfessor Jun 12

Hello Friends, Market after making series of HH and HLs, have finally made a fantastic Bearish Divergence on 1H time frame which is clear sign of correction. Further market has almost completed AB=CD harmonic pattern, which is suggesting Potential Reversal Point as marked. these confluences suggest a bearish trend to start We are waiting for the neckline (HL)...

ProTradeProfessor Jun 7

Bitcoin is in bullish trend making series of HH and HL, Market is making perfect AB=CD pattern and therefore we can project our TP at "D" point which could be a potential reversal zone. Entry at Breakout of "B" and SL below HL.

ProTradeProfessor Jun 6

Bearish Indications: 1- Bearish Divergence 2- Formation of Bearish BAT pattern 3- Rising Wedge Pattern Trade Plan 1- Sell Stop order on LL 2- TPs as defined

ProTradeProfessor Jun 6

Microsoft - Lets explore the magic of Technical Analysis / Price action. Microsoft is currently testing the daily resistance level and it will be more matured once the bearish candle / rejection candle is formed. We see a bearish divergence at this level which is a strong confluence for the bearish trend a head. forgot to mention, a perfect bookish - Bearish...