WaelHaz

WaelHaz

Bitcoin is in an uptrend channel and looks to be in correction phase back to the lower channel and heading to a major support (demand) zone at area 52K, which will be confirmed with a daily break below 60K.

WaelHaz

OILUSD is an uptrend channel and the next target is at area 90-95 which is the neckline of the double bottom pattern forming and a break above this level will confirm its bullish movement to the previous high at 130 level and to the longer target at the upper range of the channel at 150-160.

WaelHaz

GOLD is bullish and in its uptrend channel. Next target is the upper channel at level 2500-2600. A retest to the previous resistance area and currently the major support level at 2000 after reaching the upper channel of the uptrend.

WaelHaz

EURUSD is bearish on the weekly timeframe and in a downtrend channel. The next target is 1.05 and with a break of 1.05 would lead to parity and below parity to the lower channel of the downtrend at major demand (support zone) at level 0.85.

WaelHaz

BITCOIN is still bearish and the correction to the downside is not yet over. It is in a descending channel and retested the upper level and heading to the lower channel, and possibly forming a head and shoulders on the 4H timeframe with the neckline being at a strong major support (Demand zone) at level 60k-61k and a break below will confirm its fall to next...

WaelHaz

EURUSD is still in its downtrend channel on the weekly and monthly timeframes. On the weekly timeframe, a retest of the double top neckline was established at the resistance area and a reach of the upper channel of the downtrend and a triple top at smaller scale was formed and retested, which all possibly confirms its downtrend continuation with a break of area...

WaelHaz

EURUSD is bearish on the daily, weekly and monthly timeframes. EURUSD failed once again to break above the resistance (supply zone) area 1.09-1.10. On the weekly timeframe, a retest of the double top neckline was established at the resistance area and a reach of the upper channel of the downtrend and a possible formation of a triple top (H&S) at smaller scale,...

WaelHaz

EURUSD on the monthly timeframe is bearish and its downtrend channel and heading back to parity or below parity levels. The current month's close will form a bearish engulfing pattern, a retest of the double top neckline, and a failure to close above the resistance (supply zone) at area 1.09-1.10. which confirms its next possible leg down movement continuation...

WaelHaz

GOLD is in correction phase after reaching the upper channel at level 2050 and closing on the weekly at level 2003 signaling a reversal to the down side. Next correction is possibility at bottom of level 1900 - 1920 and if the current level holds we may see a bullish movement continuation to new high, and if it breaks the support area at that area, we may see it...

WaelHaz

Ethereum is still in its uptrend channel on the daily and weekly timeframe after previously rebounding from its lower channel, support and demand zone at bottom of 1k. Next target if the resistance and supply zone at area 2k break and with a close above, is at the resistance and supply zone at mid 3k.

WaelHaz

Bitcoin is still in its uptrend channel on the daily and weekly timeframes and previously rebounded from its down channel at level 15k. Bitcoin recently broke and rebounded from its support demand zone at area 20K and if level 30k breaks and a close above, next target is to next resistance and supply zone at area 50k.

WaelHaz

Oil looks in correction phase after reaching the support demand zone at area 64 and currenting heading back up to the downtrend upper channel possibly at area 75. Oil is still in its downtrend channel and possibly next target, if the support breaks, into next support and demand zone at area 50.

WaelHaz

Following on my idea on the daily and weekly timeframes below: EURUSD looks like have completed its pullback before uptrend continuation. EURUSD retested the support (demand) zone and tipple bottom neckline at the bottom of area 1.07 on the 4H timeframe with failing to break below. Possibly a sub uptrend channel is forming, which next target is into the...

WaelHaz

GOLD is in a bullish uptrend on the monthly timeframe (sub and main uptrend channels). Gold is heading to new highs above area 2000 and possibly to the upper channel of the sub uptrend at area 2300 as next target, if it succeeds to break and close above the strong resistance (supply zone) at area 2000. If this month, closes at this level a monthly engulfing...

WaelHaz

Following up on my previous post below and zooming in thru the daily timeframe: EURUSD is at the resistance area (supply zone) 1.08 and holding on. A break above may be confirmed today after FOMC and Fed rate decision. A break above, will lead to the upper channel of the correction uptrend (ABC) and to the next resistance and supply area at level 1.15 as...

WaelHaz

Bitcoin looks bullish after rebounding from the down channel of its uptrend on the monthly timeframe.

WaelHaz

EURUSD is possibly forming an uptrend correction phase with possible target to the upper down channel on the weekly timeframe to area 1.18-1.20. Currently EURUSD is below the resistance area at level 1.08 and a break will confirm its next leg up movement.

WaelHaz

Oil looks bearish on the weekly timeframe and next month looks bearish with possible new lows to bottom area 60. Oil on the weekly timeframe is in a descending downtrend channel and currently rebounding back from the upper channel of the downtrend at the resistance and supply zone at area 82 and already this week broke previous two weeks lows.