AhmadMo1

AhmadMo1

Everything is clear om the chard, This is a Clear Chart analysis based on ElliotWave Theory, its not any short/long Signal

AhmadMo1 Updated 

if you have deep look in H4 chart, you find out we have 2 upward leg which is in same degree and 2 downside correction phase in same degree too. there is 2 deferent scenario in black and red arrows Red: If price can touch or break 1661$ then I follow Red plan Black: if price can not move beyond 1661 I expect that gold jump to red box and then revers to...

AhmadMo1

I used another Alternative When price move beyond blue box Ive been updated USCDCHF from Triangle to an ABC pattern. clearly we are in a valid ABC and price move to complete Wave c(blue) if u look at RSI we have a Hidden Divergence in Wave A & B in Red but, if the Wave C in Blue finish right here? I suppose we need a valid MACD/RSI Divergence (RD) Ito Confirm the...

AhmadMo1

all patterns are clear enough to understand what going on in near future most possible reversal zone to Bullish was shown in the chart by Blue Box and minimum target for Bullish movement was shown in RedBox You need 2 valid confirmation(at least) to enter long ...

AhmadMo1

2 scenario plot in chart 1. the Red: I think the upward correction was ended and we enter in new bearish move(most possible ) 2. Blue: in this scenario I suppose in worst-case the upward correction will continue as complex correction note: I agree with first scenario(red) because the upward correction has been took enough time to be a valid correction phase for...