Jamal92

Jamal92 Updated 

If it respects the long term Support trend line ( Purple ) I can see it potentially going on the upside and breaking through the resistance trend line ( Orange ) which I will close this position aroud the 50% Fibonnaci line . If it does break through (With no fake breakouts) the long term Trend line ( Purple ) I see a free fall of around 100 + pips on the...

Jamal92 Updated 

It has a hit a LT trend line with a LT resistance ( 4HR ) and the opportunity could be a big one on either the down or upside. Keep a good look at it.

Jamal92 Updated 

It can go both ways but if it doesn't breakthrough the support line (Purple) then a buy will be in order around the 0.80116 levels till 0.80468 but if it breaks through the support. I will leave an order around 0.79873 levels and close around 0.79509.

Jamal92 Updated 

Selling Opportunity - If it breaks through the trend line which has been around for 3 weeks. I will put a sell order around 0.9421 levels and hold it till it reaches the 0.618 Fibonacci levels.

Jamal92

Buying Opportunity - A reversal hammer has formed and closed exactly on the on the former resistance. I will leave my order 10 pips above the support but if that fails. I will prepare my order for a sell as it the support has been around since 7th of October.

Jamal92

Buying Potential - The 78.6% Fibonacci line is nearing the Long term trend line and if it respects the support from both of them expect a long sale to the upside. Take note - Due to the whole situation with the US election , keep an eye on it with great focus.

Jamal92

Buying Opportunity - It broke through the 23.6% Fibonacci Line and its heading towards a Long term trend line and if it doesn't breakthrough set up an order for a buy. Take note - Due to the whole situation with the US election, keep an eye on it with great focus.

Jamal92 Updated 

Selling Potential - Its been struggling to break through the 23.6 Fibonacci levels for more then a month . If that level gets tested and broken I can expect it to rally & hit the trend line. Keep a good look at it to check if the breakout is not fake when alert occurs.

Jamal92

Selling/Buying Potential - I have left an alert to asses the quality of the previous resistance line (Dotted line), I want to check if it tests it and gets back on the upside or break on the down side to set an entry. P.S - Keep an eye if its breaks or tests in either the 0.50% / 0.618% Fibonacci line for a close or to still hold unto the move.

Jamal92 Updated 

On the daily you can see an M formation being formed which is an indication that a downside will be in order. I have left an order a bit more aggressively but hopefully the reward outweighs the chances of a loss. I will take my profits around the 23.6 % levels. If it breaks that level. I will change my SL to a profit margin to scoop up whatever pips is left. WIN/WIN

Jamal92

Buying Potential - If this alert activates it means my order has also activated. The reason for this order is that for the past few days it has struggled to hit the resistance and it has tested the long term support already and its on the way up.

Jamal92

Buying Potential - You can see a consolation being formed which was around for about 3 days. If it breaks through it on the upside it could rally to around the resistance (Red colored) If it breaks the support (Orange Colored) expect it to hit around the 1 month + old support (Blue Colored).

Jamal92

It has hit the lowest level in recent years and the last time it hit those levels it was in 2013 and there was a rally on the upside. The trend line is also showing evidence that its getting tighter if it breaks that trend line expect a huge rally on the upside. I will leave my order above the current bar and hold this position till it reaches the 61.8% ...

Jamal92

You can see from this chart that its getting tighter and the chances for it going on the up or down in a big way is highly likely but from my perspective, I can see it go on the down side.

Jamal92

I have left a horizontal support (Purple) for about a 2-3 months and you can see whenever its tested there was a rally to the upside. It has been tested again so a long order will be placed on my part in which I will close around the 38.2% or the 50% Range.