WahidMalik

WahidMalik

3 confirmation for downmove 1. Rising wedge 2. bearish divergence 3. shooting star formed at top

WahidMalik

Two points for upside 1. inverse head n shoulder 2. bullish divergence

WahidMalik

1. cup and handle pattern trend continuation pattern

WahidMalik

bearish flag formed without any divergence which shows continuation of downtrend

WahidMalik

Cup and handle formation which shows continuation of bullish trend can be expected

WahidMalik

Three confirmation of breaking down 1. Breakout of trendline 2. Double top with bearish divergence 3. head and shoulder pattern entry - Below 1.1 stop loss - Above 1.215 Target - 0.926

WahidMalik

audusd is showing bearish flag which shows further down move is expected There is no any divergence there. so downtrend will continue

WahidMalik

The price can go down because of 2 confirmations 1. bearish divergence 2. breakout of rising wedge low open 2 trade with 1 % portfolio amount for each trade entry - previous low breakout stop loss - Above the previous high Target - look at the chart Risk reward ratio 1:1 for ist trade and 1:2 for 2nd trade Thanks

WahidMalik

Two confirmation for downmove 1. double top 2. bearish divergence

WahidMalik

some confirmation for downmove 1. bearish divergence 2. rising wedge

WahidMalik

if price break the previous high then we can predict upside move Two bullish confirmation 1. Bullish divergence. 2. falling wedge ( bullish pattern )

WahidMalik

looking for downside 1. Bearish divergence 2. rising wedge formed at the top

WahidMalik

rising wedge can cause downmove we can place sell stop at below the previous low

WahidMalik

place sell stop order at the break of previous low

WahidMalik

1.bearish divergence 2.rising wedge pattern ( bearish pattern ) we are waiting for the breakdown of trendline if previous low break we will hit the entry with sell stop order use proper risk management

WahidMalik

some confirmation for upside move 1. double bottom - Bullish reversal pattern 2. bullish divergence Entry - buy stop on neckline stop loss - below the low of double bottom Risk reward ratio 1:1 for ist trade and 1:2 for second trade risk - 1 percent of total portfolio

WahidMalik

confirmatin for downside 1. bearish divergence 2. double top Do proper risk management before taking entry

WahidMalik

Will wait to break previous lower high and form new high to confirm trend reverse