Mahtab_Tradia

Mahtab_Tradia

As you see in the 4H time frame, price is in an uptrend and has made a higher high and a higher low. Currently, price is moving in a rising wedge and is moving towards the resistance level at 1795. If price breaks the resistance level and closes a bullish confirmation candle in lower time frame (1H) above this level, I expect more rise on XAUUSD towards the next...

Mahtab_Tradia Updated 

After a big long growth, US dollar started to retrace the uptrend and dropped more than half of it. If we take a look at the price structure, we can see the uptrend is stronger than the current downtrend. Currently, price is moving inside an ascending triangle. As we know, ascending triangles usually make price to grow. So, if price breaks the triangle pattern...

Mahtab_Tradia

As you see in the 4H time frame, the ascending trend line was broken to the downside and price has been fixed below it. We can see there is more bearish pressure. Moreover, price is making a descending parallel channel and currently, it is moving upward towards the channel’s upper band and if it gets rejected from it, the channel will be valid. Wait for price to...

Mahtab_Tradia Updated 

We have seen a big drop on XAUUSD in the last month. Currently, price is in a bullish correction phase and is retracing the previous downside move. In the 4H time frame, price is approaching to the resistance level around 1768 and we should wait to see if it breaks the resistance or not. Since price has started a strong bullish move, if it breaks the resistance...

Mahtab_Tradia

All traders know that trading is a stressful full time job. Even in your free time, It is so hard to make your mind empty of market and other things related to it. Although I was very busy with my wedding process and I could not post any ideas in the past three weeks, I never stopped thinking about the market for one second, even on my wedding day! 👰 This post...

Mahtab_Tradia

As you see in the 4H time frame, price is moving in a rising wedge and currently is approaching to the yellow resistance zone. On the other hand hand, we can see a reversal double bottom pattern in the wedge. We should wait for the price to see if it breaks the resistance or not: If price breaks the resistance and closes a bullish candle above it, we can expect...

Mahtab_Tradia

As you see in the 4H time frame, after an uptrend, price has made a symmetrical triangle which can be broken to both sides. The pattern was broken to the downside and price has been fixed below it. Currently, price is approaching to the support level around 103.850 which has pushed the price to the upside in the past. If price breaks this support level and...

Mahtab_Tradia

EURUSD is in a downtrend in higher time frame (Daily). In the 1H time frame, we see a very strong bearish pressure on EURUSD at this moment. Price is bouncing in the correction ascending channel and has been rejected from the upper level and is dropping sharply. Currently, price is approaching to the lower band of channel and also to the support level at...

Mahtab_Tradia

As you see in the 4H time frame, after an upside move, price failed to make a higher high and made a descending triangle pattern which is broken to the downside. Moreover, price has approached to the Daily resistance level too. Currently, we can see the downside pressure on price. There is a support level around 164.480 which is the current target for price...

Mahtab_Tradia

XAUUSD has been moving sideways in the past days and currently, it is in a daily consolidation zone. If we take a look at the price structure, we can see after price approached to the support level at 1786, it was pushed to the upside and made a higher low in the consolidation zone. But, since price is in the No Trade Zone and hasn’t made a higher high yet, we...

Mahtab_Tradia

As you see in the Daily time frame, price has approached to the red resistance zone and got rejected. We can see the bullish pressure on price. Moreover, the number of bullish candles is less than the bearish ones in the previous downside move which shows the power of bullish side. I expect a retrace for USDCAD around the yellow support level near 1.29 and then...

Mahtab_Tradia

As you see in the daily time frame, price has approached to the resistance level and has pushed back to the downside. Since price is in an uptrend, there is a probability of an upside breakout on the resistance level, but, on the other hand, price is pushing to the downside and there is also a probability of forming a reversal double top pattern. If today’s...

Mahtab_Tradia

After a significant drop, price has approached to the yellow support zone and failed to break it. Currently, we can see the upside push from the support zone and the last 4H candles have been closed strongly bullish. But, price is still in the downtrend and hasn’t given any additional bullish signals. If price breaks the last high at 0.6970 and closes a bullish...

Mahtab_Tradia

We have seen a significant strength on US Dollar in the past few weeks. Price is in an uptrend and as you see in the Daily time frame, it is moving on a daily ascending trend line. The last major high at 105.00 has broken to the upside and although price has closed the past two days candles as bullish candles above this resistance level, we can see the bearish...

Mahtab_Tradia

After consolidating in a rectangle pattern for a while, price broke the consolidation zone to the downside and had a big drop. The main trend fir EURUSD is a downtrend and we can see the bearish pressure. Currently, price has approached to the support level at 1.046 and we should wait to see if it can break this level or not. Since we are in a downtrend and we...

Mahtab_Tradia

As you see in the 4H chart, price is moving in a consolidation area between the support and resistance levels (1828-1870). Price has touched the resistance area in a big upside move only in one candle which shows there was an upside pressure and bulls were trying to keep price high, but they failed to break the resistance and pushed to the downside. Currently,...

Mahtab_Tradia

As you see in the 4H chart, price is in the uptrend and is moving on ascending trend lines. Currently, price has approached to the red resistance level which has pushed it to the downside once in the past and it got rejected from it again. But, since price is still on the ascending trend line, we should wait for the downside breakout on the first trend line, and...

Mahtab_Tradia

As you see in the chart, the main trend is a bearish downside move and price has started to retrace on the ascending correction trend line. Currently, we can see a downside breakout on the trend line and a pressure on price. Moreover, price failed to break the last minor high and was pushed to the downside but it is still in a consolidation area. If price breaks...