Shameen4

Shameen4

IT is in downtrend respecting LH LL and currently rejecting from previous 4H LL level.

Shameen4

EURUSD respect daily resistance and moves in down trend direction following LHs LLs.

Shameen4

XAUUSD PAIR IS MAKING DOUBLE BOTTOM PATTERN AFTER A HUGE DOWNWARD RALLY. IT CAN BE A REVERSAL POINT. - Double Bottom - visible divergence on RSI

Shameen4

Series of Higher high higher low and made double top at 0.681 Fib level and move down and made Bearish flag pattern.

Shameen4

After making series of higher high higher low it is moving in range and break it and also breaks the trendline. on Daily time frame it is on 0.618 Fib level so expecting to move down.

Shameen4

Bullish reversal possibility as it is making bat pattern.

Shameen4

Bullish indications: making higher high higher low formation and respecting parallel channel by formatting tweezer bottom candlestick pattern.

Shameen4

Bearish Indicator 1- hanging man 2- Weekly resistence 3- reverse from trendline 4- on daily time frame it is almost at 0.618 fib level

Shameen4

uptrend started after bearish rally but did not sustain and at resistance area and made double top pattern.

Shameen4

after making bearish rally it reverse and made higher high and higher low pattern. Entry taken at 2nd higher low.

Shameen4

It made a higher high after a bearish rally and made inside bar at recent higher low.

Shameen4

after long bullish rally it is making series of lower high and lower low. the idea is to short this pair and use FIB retracement levels for targets.

Shameen4

This pair is on its weekly resistance tested twice and again it made three black crows at weekly resistance.

Shameen4

This pair is making flag formation with dow theory and also making resistance on 4 hourly frame.

Shameen4

Parallel channel drawn on 4 hourly time frame It is testing upper parallel channel and might test the previous recent resistance as support.

Shameen4

Using harmonic BAT pattern found the bullish reversal as the price is taking support at Bat pattern reversal point.

Shameen4

After making a long bullish rally it reaches to its resistance and now moving down.

Shameen4

Using harmonic pattern AB=CD combining with the dow theory of lower highs and lower lows.