itshamzajaved

itshamzajaved

The CHFJPY has hit an all-time high, however, a divergence has been identified at 1 day and there is a possibility it may occur at 4 hours, with a double top emerging at 1 hour. Technical analysis indicates that a reversal of the trend is expected.

itshamzajaved

From our analysis, it's evident that EURJPY is forming a Double Top pattern, which strongly suggests a potential downward trend.

itshamzajaved

A Bullish Divergence has been identified following the commencement of a new trend. To ensure a legitimate bullish trend, it is recommended to enter the market upon the breakout of the green line.

itshamzajaved

There is significant resistance, which may cause the price to decrease after being rejected from resistance.

itshamzajaved

NZDCHF | Forming ABCD Harmonic Pattern so we can enter on the breakout of the resistance.

itshamzajaved

USDCAD Ascending Triangle. We can take our entry of breakout of above resistance.

itshamzajaved

The AUDUSD is currently showing a Bearish Flag Pattern.

itshamzajaved

I'm seeing an ascending triangle pattern on GBPNZD. So it should go down from here.

itshamzajaved

If it breaks the current Lower high due to its resistance we can enter the market as it would be a big sign of trend reversal.

itshamzajaved Updated 

The trend is bullish with no divergence and the currency index strength of CAD is strong against the JPY. So it could go up from here. Trade: Entry Price: 108.46 Stop loss: 107.55 Take Profit: 109.414 Lot Size: Set according to your account size with 2% Risk Reward

itshamzajaved Updated 

As it is following a good bullish trend and the strength of the EUR indices is very strong against AUD. So this could go up.

itshamzajaved Updated 

This could go up as the EUR Indice is strong against NZD, and no divergence is found.

itshamzajaved

Divergence was found with a double top so the chances are it would break the bullish trend and go down.

itshamzajaved

This could go up as it has created double bottom with divergence.

itshamzajaved Updated 

We can see a divergence as it matures. We can expect a correction in the trend and take short positions.

itshamzajaved

We can see a clear divergence, and we can expect a reversal from here.

itshamzajaved

USDCNH is making higher highs and seems very bullish without any divergence. So it could hit out TP!!!

itshamzajaved

This pair looks pretty bullish as it follows higher highs and higher lows with no divergence or reversal pattern. So the chances are high. It will rise from here and hit the TP.