AbdullahAljohani

AbdullahAljohani

minor bullish move

AbdullahAljohani

Elliott cycle would finish around 1.3918

AbdullahAljohani

These rules can not be change or fixed at any circumstances.

AbdullahAljohani

Long , 200 ema + 50% Fib

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Double bottom with bullish divergence on daily chart.

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Bearish move expected

AbdullahAljohani Updated 

price getting out of the box!

AbdullahAljohani Updated 

Is it the time to continue the down trend? - price couldn't break .38 fib level, - price are bushing to break out of the box. - respected 25EMA - bearish sign on momentum, (double-top)

AbdullahAljohani

porential short setup

AbdullahAljohani

If price hold above the broken down trend, Go long with the force of the market. For more conservative trade, wait for a good rejection.

AbdullahAljohani Updated 

bearish move

AbdullahAljohani Updated 

price hit minor support on the monthly chart, price near 200EMA in 4hr chart. break of 200EMA on 4hr chart need huge force, definitely we want to be part of that!.

AbdullahAljohani

on the monthly chart, price rejected old resistance. weekly chart shows sell force. Daily chart, price broke 25EMA and still pressure.

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Price came to support area of the monthly chart, still bearish until a reversal sign comes up.

AbdullahAljohani

Weekly chart shows good rejection, which in place shows good double bottom on Daily chart.

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Any close under 2.0952 will trigger a short position! first target 2.0765 second target 2.0626 area

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level 1.61 reached, correction to level 100 is possible!

AbdullahAljohani

price couldn't break 50% of last wave, bullish move expected, shorts could be risky. keep an eye on this 4hr candle close.