Elrouby

Elrouby Updated 

Any correction towards the channel will be good for buying, and as we can see that the bottoms near the channel were equal to some extent, which supported the pair to rise and end the decline, which means that there is strong support ,I hope not to take risks as this week we have important news for the pair as we have on Tuesday will be on the AUD Monetary Policy...

Elrouby Updated 

EURJPY our last analysis achieved 600 pips now i think pair stability down 129.500 ,Supports the pair's decline to level 122,076 ;, have a look below-on our last analysis on the pair

Elrouby

gold analysis according to Elliot waves , stay safe , * Technical analysis and not a direct recommendation.

Elrouby

In a side conversation with my friend the gold trader Or in parentheses ( the person who distributes and sells gold to gold shops ) I asked him: Do you receive gold from the price of 2070 He replied and said it is impossible only if this gold is for me personally and not for my work I asked him why, he said, because this is what happened to us two years ago 1...

Elrouby

oil daily .. A negative head and shoulders reversal.. The chart was placed in the form of candles and a line to clarify the method of drawing the neck line.. * Technical analysis and not a direct recommendation.

Elrouby

round bottom model 🔹 Represents an example: a long-range model of aviation. 🔹 To have a copy of my reflection, to have a direction to reflect on Begins to make a downward movement on descending tops and bottoms There are a lot of prices available on the real, on the ground. 🔹 And when the round bottom is formed at the end, after a period of decline, the price...

Elrouby

Picture No. 1 shows the price breaching the wedge pattern and a positive candle with a positive divergence on the RSI indicator.. More than a technical indication of a rise in the price to the top. Picture 2 shows what happened next. Idea: The outcome of any transaction cannot be expected just because more than one technical signal appears. Commitment to...

Elrouby

AUDJPY - SHORT 

Why are we entering?
- Approaching major resistance level
- Expecting further AUD weakness & JPY strength = AUDJPY SHORT

 What are we waiting for to happen?
- Rejection price action of the recent support
- What is our confirmation?

- break of WFB once created

 
SAFE Entry: WFB once created , where will our Stoploss be?
- above the rejected price

Elrouby

NZDJPY - SHORT 

Why are we entering?
- Approaching major resistance level
- Expecting further NZD weakness & JPY strength = NZDJPY SHORT

 What are we waiting for to happen?
- Rejection price action of the recent support
- What is our confirmation?

- break of WFB once created

 
SAFE Entry: WFB once created , where will our Stoploss be?
- above the rejected price

Elrouby Updated 

A detailed explanation of the harmonic model SHARK 🦈 The Shark model was discovered in 2011 by Scott Carney It is somewhat similar to the CRAB model 🦀 🔹 The most important characteristic of this model is that it depends on the 88.6 Fibonacci correction ratio This model was created by combining Fibonacci numbers and Elliot Wave theory. The shark model is...

Elrouby Updated 

5-0 . Harmonic Pattern The 5-0 pattern was discovered by Scott Carney 🔹It was published in his book “Harmonic Trading, Volume Two.” It is a unique model that has accurate Fibonacci ratio corrections to validate the model. 🔹Although the 5-0 pattern is considered a reversal pattern, because the 50% retracement level is the most important in the potential reversal...

Elrouby

EURUSD FOR SHORT TO 1.04200 THEN LONG TO 1.11600 ; stay safe

Elrouby

bitcoin to 52 soon ; formed bullish deep crap pattern

Elrouby

EURCAD - LONG Why are we entering? - Approaching major support level
- Expecting EUR strength and CAD Weakness = EURCAD LONG.

What are we waiting for to happen?
- bounce off the  recent  support
- Break of WFB trendline 

What is our confirmation?
- Bounce off one of the levels mentioned
- break of WFB trendline

 Entry 
SAFE Entry: Bounce of structure and...

Elrouby

The lightning-fast pattern: The AB = CD pattern is one of the basic patterns and was first discovered by Gartley in a book he published in 1935 entitled Profits in the Stock Market (also described as the lightning fast pattern). In this pattern, the line connecting A and B represents the first price movement, and after the price makes a short correction move...

Elrouby

AUDNZD FOR SHORT expecting aud weakness and nzd strength

Elrouby

Looks like we'll see a big more drop on EURAUD ; EURAUD FOR SHORT

Elrouby

AUDJPY - SHORT 

Why are we entering?
- Approaching major resistance level
- Expecting further AUD weakness & JPY strength = AUDJPY SHORT

 What are we waiting for to happen?
- Rejection price action of the recent support
- 

Once entered, where will our Stoploss be?
- above the rejected price