ProTradeProfessor

ProTradeProfessor Mar 14

CADCHF Shows Bullish Weights More than Bears !!!! Bullish Confluences: 1- Bullish Divergence 2- Major Support Level Testing and Breaking 3- LH Broken 4- Bearish Wedge Pattern 5- Sentiments of Long are > 90 percent 6- Completion of AB=CD pattern TRADE PLAN : Enter into the market at Current market price and take profit on defined FIB level as TP1 TP2 and...

ProTradeProfessor Mar 14

Bearish Confluences: 1- HL broken, LL formation 2- Trend Line Broken 3- Support Level 2.04831 Broken 4- Divergence played on 4H time Frame 5- Formation of Bearish Wedge pattern 6- Sentiments of Sell are > 90 % TRADE PLAN : Entry can be made at current Market Price or wait for the Price to retest support level, Keep the STOP loss above HH and Take Profit (TP)...

ProTradeProfessor Mar 11

EURNZD has remained in strong bullish trend however, Bearish Divergence can be seen on 1H time frame, BEARS weightage are more than bulls as seen on Chart. Entry can be taken with the break of Support level, which is also a trend line support and good FIB ZONE. Once market has formed a LL and breaks the support then it will take a good corrective move. RISK /...

ProTradeProfessor Mar 11

seems like market has formed TOP and now its time to take a corrective move. As compared, Bears have got more weight than Bulls with formation of ABCD pattern, Sentiments more than 90 Percent and Inside bar candle stick pattern as mentioned on chart. WE shall wait for the Formation of 1st LL, which is also a trend line touch zone and a good support level.

ProTradeProfessor Mar 10

Market is making series of HH and HL and Bullish Weights are more. Sentiments are also toward short. however if the market break upside, it will continue Bullish trend and if the market breaks HL then possible that it would be taking a corrective move till 0.5 level of Fibonnachi.

ProTradeProfessor Feb 6

Series of HH and HL , Market has broken PRV. LH depicting trend reversal

ProTradeProfessor Feb 2

GBPUSD - Bullish Confluences. 1- HH and HL (Dow Theory) 2- Formation of Bullish Flag Pattern 3- Market tested / respected 4H Support Level 4- Market took support of 0.382 FIB level (Coinciding with 4H support Level)

ProTradeProfessor Jan 28

Market has remained been in BULLISH trend for Long. However, Market has taken corrective move uptil 0.382 of FIB level and which is also a good 4h support zone. Market has respected this level and did not break the HL with Good momentum. it indicates that market will keep continuing Bullish trend (due More weightage ) to BULLs and target are specified.

ProTradeProfessor Jan 27

Market is is consolidation phase / distribution phase : market has tested 4H strong resistance followed by formation of Shooting Star and Inverted Hammer candle stick pattern. Market sentiments are strongly in Bearish mode. Market can easily test 4H support zone before continuation of Bullish zone.

ProTradeProfessor Updated  Jan 21

Market is marking series of HH and HL , market has rejected from 4H support zone followed by Hammer candle. This support zone coincides with FIb level of 0.236. Market has formed Bullish Flag pattern which is also a strong sign of Bullish Pattern continuation. market is currently making a corrective move and its good time to buy. place stop loss below HL.

ProTradeProfessor Jan 16

1- Market has formed strong Bullish Divergence on Daily Time Frame 2- Market has tested and rejected with TWEEZER BOTTOM candle stick pattern from Weekly Support level 3- Market is approaching its LH (which is also a trend line resistance) if this gets break, market will follow a corrective move up-to FIB 0.382 level which is also a DAILY strong Resistance level....

ProTradeProfessor Jan 15

Market is in Bearish Trend, DXY is Bearish, however, BXY is taking corrective move due which market has taken correction till 0.5 FIB level which is also a strong 4H Resistance level. Currently market is testing TREND LINE resistance and FIB LEVEL and 4H RESISTANCE. if market breaks above 4H resistance it will be my first HH and entry can be taken on HL. most...

ProTradeProfessor Updated  Jan 15

Market is making Higher Low and revered from good SUPPORT level of FIB level 0.382 with formation of inverted hammer at this support. RSI Is also Synch with the chart at 1H time frame. market is forming Bullish Flag patter with projected target. DONT forget to put Stop LOSS below last confirmed HL. HAPPY TRADE CALL

ProTradeProfessor Updated  Jan 15

Market is making series of LH and LL. DXY is Bullish which further confluence to bearish trend. market is 4H support level. if this breaks, market will test FIB Extension Levels as mentioned. market has also rejected from trend line resistance. HAPPY TRADES and ENJOY WEEKEND CALL.

ProTradeProfessor Updated  Jan 15

Market is forming series of LH and LL. Market is Below 200 EMA on 4H time frame indicating continuation of bearish trend. Further, RSI is synch with price movement indicating Bearish trend continuation. Market has tested Trend line rejection which is also FIB 0.382 level followed by formation of Bearish Engulfing pattern on 4H time frame. Entry @ current market...

ProTradeProfessor Jan 13

Market is making series of HH and HL, however has market recently shown corrective move. FIB level rejection from 0.382 of Bullish rally is done. market has shown rejection signals followed by Formation of Bullish Hammer pattern near FIB Support level. market will Go till TP1 and TP2 once the drawn resistance level is broken. SL is below HL.

ProTradeProfessor Jan 10

Market is Making Series of LH and LL. Market has broken consolidation zone and retested Trendline resistance. Market has also rejected / tested 4H resistance level and it will most likely continue Bearish trend. Further DXY is Bullish and EXY is Bearish (which means market will take Bearish Move). TP1 and Tp2 are the FIB extension Levels market will test if it...

ProTradeProfessor Jan 10

Market is making series of LH and LL. market has been rejected from TREND LINE resistance and also tested 4H RESISTANCE LEVEL (which is also a FIB 0.382 Golden Level). There is also a chart pattern i.e. Bearish Rectangle pattern which depicts market will continue moving bearish trend. Projected TPs are specified with Stop-loss above LH. HAPPY TRADING & PROFITS.