Fahad-Rafique
@t_Fahad-Rafique
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Fahad-Rafique
Price was in a strong downtrend, however double bottom reversal pattern coupled with bullish divergence on weekly time frame hints the return of bulls. If last lower high is broken with good volume then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.
Fahad-Rafique
Price was in a downtrend, however the bullish divergence with a double bottom reversal pattern hints the control of bulls. If previous lower high is broken with good volume then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.
Fahad-Rafique
Price went down for a small retracement on hourly timeframe, however the double bottom formation coupled with bullish divergence and breaking of descending trendline hints that bulls are assuming control of the price action. This sentiment would be validated with the break of previous lower high, according to Dow theory. Targets are mentioned on the chart.
Fahad-Rafique
Price was in a downtrend on 15 min timeframe, however a mature bullish divergence coupled with trendline breakout hints the control of bulls. If previous lower high is broken then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.
Fahad-Rafique
Price was in a downtrend, however the bullish divergence on 15 min time frame hints the control of bulls, if previous lower high is broken with good volume then we can expect a bullish rebound from the levels as per Do w theory. Targets are mentioned on the chart chart.
Fahad-Rafique
Price was in a strong downtrend, however the breakout from the descending channel hints a potential reversal. If a proper higher high is defined followed by a higher low then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.
Fahad-Rafique
Price is in a strong downtrend, however the bullish divergence with double bottom hints on a reversal, if previous lower high is broken then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.
Fahad-Rafique
Price was in a downtrend, however the bulls seem to be gaining control of price action as a bullish divergence on daily time frame as emerged. Moreover, previous lower high is also broken and a higher high is printed instead, now if if freshly printed higher high is broken then we can expect a bullish breakout as per Dow theory. Targets are mentioned on the chart.
Fahad-Rafique
Price was in a strong downtrend, however the bullish divergence with a proper reversal pattern of double bottom hints the return of bulls. If previous lower high is broken with good volume then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.
Fahad-Rafique
Price was in a strong downtrend, however the bullish divergence along with a double bottom reversal pattern hints the control of bulls. If previous lower high is broken with volume then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.
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