BULLISH REASONS: .Break its last LH .Already make HH .Bullish Engulfing in HL
Bearish indications: .After RSI divergence price action already break its last HL.....First sign of reversal .Make Head n Shoulder pattern on H1 tf .On daily tf price action is on ranging and right now its on resistance area of range.
Bullish Indication: .no any bearish divergence or signs .trendline already respect 2 times
REASONS FOR BULLISH: 1.SENTIMENTS are 93% long 2.BULLISH DIVERGENCE on RSI 3.Reveral pattern occur DOUBLE BOTTOM. 4.Already break its last LH N Make HH Drive with the trend
BULLISH SCENARIO: .AB=CD pattern formed .Already break its B point
TREND CONTINUATION: .Price action respect TRENDLINE .Making HHs n HLs .No any bearish divergence signs.
BEARISH SCENARIO: .After a divergence on H4 n H1 time frame market change its direction .Already break its last HL .Reversal pattern HEAD N SHOULDER making .drive its projection.
BULLISH SCENARIO 1.flag projection will be tp. 2.No any signs of divergence 3.bullish continuation flag pattern occur. 4.drive with the trend. 5.Resistance become support.
After break its last HIGHER LOW gold will in declining phase..... REASONS: 1.RSI divergence on H1 and H4 tf 2.bearish engulfing on daily tf 3.Already make breaker block 4.Enter in market on sell position when 5 mins chart make divergence.
.price exactly reverse on PRZ zone .Bullish DIVERGENCE on RSI .Already break its last LH n make HH
.making HHs n HLs .making continuation of FLAG PATTERN .TRENDLINE also performing well .carry projection of flag pattern
.overall trend is BULLISH .No any kind of divergence
.After divergence on RSI price break its last HL and make LL .AB=CD pattern . drive its short positions.
.price action already make FLAG PATTERN .no any bearish divergence here .lets drive with trend.
.divergence occur on H1 time frame .already make double top .wait for break its last Higher low
Lets drive the trend,there is no any divergence here on H1 and H4 timeframe.no any reversal pattern occur price action making simple HHs and HLs
After divergence,Price action already break its last LH and making HHs and HLs.price exact retrace on 0.50 levels of fibo and its expected projection of 2.0 level of fibo.
After bullish divergence on H1 AND H4, price already break its last LOWER HIGH and make HIGHER HIGH .....and sign of its continuation is BULLISH FLAG PATTERN take projection and ride.