Hossam_Khalid

Hossam_Khalid

FX:GBPJPY GBPJPY Targeting 38 % Fibonacci for Scalping Trade

Hossam_Khalid

FX:GBPUSD GBPUSD Targeting the Liquidity area shown on the chart after reach 61% Fibonacci. expected to drop below 50 % to getting into demand area and will be a push to rally again

Hossam_Khalid

price form positive break on down trend line up above 38 Fib level with conjunction with 200 & 100 MA X-over. confirmation seems also from RSI diversion for Strenghing the decision

Hossam_Khalid Updated 

CHFJPY in potential of sell ... go direct for short support the decision the price play on channel and RSI showing diversion on over bought level

Hossam_Khalid

USDJPY Waiting Key area to Buy

Hossam_Khalid

Still waiting for who will be on control Sellers or buyers as we are a retail traders we have to set back and watch who will be the winner and will go with him. The picture showing the area we will enter our position either sell or buy. for now just wait and looking for whos the winner.

Hossam_Khalid

Price re test point "B" at price 0.92837 , expected to break it to form head & 2x Shoulder pattern by re test the down trend line. if that happen it will strengthening Sell pressure opportunity

Hossam_Khalid

after price break the down channel , price can't continue above 50% Fibonacci level since the Kijon Sen on flat direction not impowering the price to go up. we can go for sell position after break the Kijon sen at price 0.72390 which break also 61% Fib level. if the price gives a positive candle at 61% Fib level or Kijon sen we will go for Buy again

Hossam_Khalid

Prince reach demand area and still struggling between buyers and sellers volume strength but still the buyers on control. price still supported by 100 MA on 4 HRs Frame which gives some peace towards buying. to be on safe side , we should wait till break 38% Fibonacci level at price 1.67739 to open buy position. or take the trade now with small Lot size. Buy...

Hossam_Khalid

USDCHF failed to break daily down trend & fall down under the trend again. price forming GARTLEY Harmonic pattern and reverse on expected point. will wait till break price level 0.92848 with Negative big candle and retest the same level will strengthening the sell opportunity. Recommended to monitor Gold move as for now GOLD in Neutral mode and may continue...

Hossam_Khalid

as last we i predict the sell pressure on GOLD by reaching the Supply area and confirmed today by forming head & 2 shoulder. 1st target achieved and Still i insisting to keep continue to next target.

Hossam_Khalid Updated 

Gold forming shark pattern retest again the supply area with conjunction with down trend line.... if you are risk taker open sell position once it touch the area as shown ... but it would better to wait for candle pattern signal ( engulfing or pin bar )

Hossam_Khalid

EURNZD on going to test Demand area at 1.67040 to 1.66504 , waiting for closing the current candle to enter buy position. price forming CRAB harmonic pattern.

Hossam_Khalid

Price on Down trend channel , which strengthen the continuation for the down the price to end of channel boarder. confirm by forming harmonic stage BAT pattern after break point "B" and retested now with Daily uptrend breakout. form all prove the pair still under selling pressure till complete the pattern.

Hossam_Khalid

AUDUSD sell opportunity as the prince re test the up Trend channel ... overall trend is down and the price is on retracement phase

Hossam_Khalid

EURGBP break downtrend channel after make head & 2 shoulder pattern. still under sell pressure and good opportunity to continue selling.