mohammad1372

mohammad1372

HI Traders! I'm looking at a lower oil price which is about ti happen based on the fundamentals and even the technicals of oil. There is a heavy resistance for the price of oil which is not easy to break so we try to enter a sell position when the price reaches the 64.14. Good luck

mohammad1372

Hi traders!!! I hope you're doing great, I got a lot of questions about Bitcoin's next move, so I decided to analyze this amazing symbol, although it's my first time analyzing Bitcoin, found it a bit interesting. Please take into consideration of the points I mentioned on the chart, and remember that the previous wave had almost 28% of retracement and for the...

mohammad1372

Hi Traders! As we have all seen, the yellow metal has been on a bullish mode with peaks going each time higher than the previous ones, the interesting fact here is that we all know the Gold has a negative correlation with DXY, and with the fall of DXY value, it led to the increase of this precious metal. The fed and FOMC meeting this week is also eyed by traders...

mohammad1372

Hi Traders!!! As shown in the chart, the trend line on the 4H time frame looks extremely beraish. The downfall of DXY in recent days led to the rise of this pair too. The entry, stop loss and take profit are all clearly shown on the chart. Good Luck

mohammad1372

As shown on the chart there is a chance for EUR/USD to go down, there is a possible head and shoulders being formed on the top of the daily resistance. Also on the Friday there is a meeting By ECB about monetary policies that might not end in the favor of EUR, therefore there is this possibility for this pair to go low. If the price doesn't break to the lower...

mohammad1372

Hi traders!!! As clearly shown on the chart, if the line I've drawn breaks to the downside and consolidates below it, then a short position is recommended with the TP1 and TP2 shown by the arrows. If the price doesn't break the line or doesn't consolidate below the line then this trade idea is invalid. Good Luck

mohammad1372

Hi traders....... As you can see we find a Symmetrical Triangle on this chart that can go either way up or down. Stay tuned for the price break and don't forget to place alarms on the chart to get notified. Good luck...

mohammad1372

Hi TRADERS !!!!! If you take a look at this chart you see that the daily time frame candle is a doji, and this chart shows that if the price keeps on this area and shows solid settlement of price lower than the doji's shadow, it's a good sell signal, otherwise shorting this pair is not recommended. Good Luck !!!

mohammad1372

Hi Traders, I hope that you all are doing well and staying home and safe from the Corona virus. My opinion on GBP/USD is that the price can reach the shown target on the chart, as you might know based on the impact of virus and other fundamental reasons GBP had a free fall in recent days, it also broke the strong support and up to now made it clear that it's not...

mohammad1372

Hi Traders !!! After the sharp decline from the beginig of the week, I assume that the price can hold steady on this level and make a correction, if the price shows signs of reversal on the support area we can go long for the first TP as illustrated on the chart. Remember that Gold has the potential to move even higher, History repeats itself, and this scenario...

mohammad1372

Hi Traders!!! As you see on the chart, simple head n' shoulder pattern has already shaped by the price. After breaking the neckline and completion of the pullback or further price confirmation (candlestick patterns) you can go short. The possibility of the price is to move down almost about as much as the height of the head. My recommendation is to wait until...

mohammad1372

Hi USOIL could test the support once again before jumping up, as clearly shown it couldn't break the 34$ resistance TVC:USOIL area which is crucial for upside movement of the price. Even get your eyes peeled for Saudi Arabia and Russia for further pricing of the OIL. If the price breaks above the resistance area and consolidates above it this trade idea is invalid.