Meraj-H

Meraj-H

Hello all.. as it can be seen WTI reached the resistance and fluctuating under it and could not passed it until now.. overbuy on 4H RSI and a clear divergence there show us that it seems a little weak to pass the resistance... so , I personally open a short with a small stop loss because I am waiting for a 50 dollar WTI this year... after opening this short I will...

Meraj-H

hello all... technical is just repeating the history...just look at the double bottom at RSI ... last time after creating double bottom it sky diving to the top... lets look what will happen this time.. dont forget stop loss

Meraj-H

lack of momentum can be observed in trend... instrument need to rest, and RSI in weekly timeframe show a massive divergence and if you see the history of BTC every cycle of resting of BTC continued for at least 3 years... in best scenario it can go to penetrate the top again and create a 3 derive and fall all the way back to the hell... is you open long position...

Meraj-H

after a massive crash on GBP, daily RSI is oversold and weekly RSI is about to reach its critical level which has been a good support for the instrument as it is shown at chart... it can be expected at least go to the next resistance level.. however, I open a long position with stop under the clustered support zone and wana let it grow until last high..

Meraj-H

An upward movement is inevitable, as reaching bottom of the channel and clustered support level and RSI which is in oversold level wana show that this instrument is about to change direction... open a long position with stop loss under support level would be a good idea

Meraj-H

As we know there is an inverse correlation between gold and 10Ybond, bond completed its pullback and GOLD is on its support level, can we conclude that this will push GOLD higher? lets see what is going to happen

Meraj-H

AS I anticipated before pullback is almost done, in this level I personally don't trade until price give me confirmation, firstly it can move downward to next support level due to the weakness of trend and divergence in RSI which can be clearly seen... secondly it can fluctuating between support and resistance and consolidating then move upward... keep that in...

Meraj-H

It seems EURO can go up to resistance level after breaking this trendline and it would be a good trigger line to enter a long position...as I mentioned before, in the following week we will see the reversal pattern and DXY will likely to drop as it reached the resistance and EURUSD is overly sold...

Meraj-H

It can be clearly seen that GOLD is fluctuating in a massive triangle and last time it couldn't pass the trendline resistance, now probably It will go down to absorb liquidity in support, we anticipate that level would be 1825 to 1820 zone where we want to put buy limit on that and stop loss is 1810 ,if it break next buy limit level will be 1684 the bottom of...

Meraj-H

due to the collapse in DXY as we anticipated, I expect a move to upward in USOIL at least to trend line OR EVEN HIGHER if break the trend line to up, because dollar collapse can help commodities even in this fearful atmosphere of covid variant, keep that in mind that RSI show over sold

Meraj-H

After massive falling down I think is the time to go up, just look at the volume at the bottom, is that smart money? the only thing that I am sure is that at this level there is no way for selling this instrument, its oversell, at least we can wait for a confirmation, however I open long with stop loss under the demand zone and dont wana close it until at least...

Meraj-H

lets see the respond to this massive trend line, for a better view monthly timeframe is chosen, on weekly and daily you can see the divergence and overbuy... do its the time to melt for DXY...

Meraj-H

in coming weeks JPY going to strengthened.. USDJPY reached its resistance and DXY will fall down.. hence we should pick sell JPY pairs, and RSI show a clear divergence as well ...so why not

Meraj-H

as can be seen, instrument reached supply zone and RSI show a crystal clear divergence, DXY reached its resistance and completed its pullback to broken trendline, all in all its time to die for dollar and its more logical to open long position on commodities and other pairs against dollar.. lets see if its happen or not

Meraj-H

Hello everyone, from my point of view, DXY after a long drop was fluctuating ( it seem resting) in a nice flag pattern, it seems to me it will drop to the lower edge of flag in the coming days and finally break it out and drop to next support level

Meraj-H

hello all, I think in the next few days us dollar index start to falling again, as it is clear, DXY break the long time channel in weakly time frame and it was retest it last week, however FOMC news shoot it up in the last couple of days, while I think it will not last for long as touching the EMA 50 and resistance area...

Meraj-H

as it can be clearly observed, EURUSD is fluctuating in a channel for one year and now near the bottom of the channel we can see a divergence in RSI, moreover, EURUSD broke out a long term channel which can be proof for its upward trend for this year.

Meraj-H

as it can be clearly observed, a hidden divergence is appear in MACD and RSI and we are in resistant zone, so a downward trend is possible there, and in monthly timeframe DXY is going to complete its pullback to the channel were broke it out.