everything clear on the chart. waiting is required to see if the price can make a pullback to the red line or not. then bouncing for a while and an upward movement is expected. >>> confirmation from 4H good luck...
everything clear on the chart. a nice intersection between the upper line of the channel and the important green line, both acting as resistance. confirmation from 4H. Good luck...
everything clear on the chart. the elliptic zone could be a reliable reversal zone. short is expected. confirmation from 4H. Good luck...
THE GREEN LINE is a very important resistance from November 2011. the chart at this point could make an intersection with the YELLOW LINE as a reliable support. we should consider that 1800 is psychic support as well. the price is expected to move upward. don't forget the confirmation. good luck.
1. the red channel is broken from upper side and it is being retested by the prices after pullback in 4H time frame zone. 2. the green line is a broken daily trend line that after pullback, became a strong support. 3. the purple zone which the price is dancing on it, is acting as a support zone, after prices pullback. 4. yellow line is indicating the current...
1. the price formed the head & shoulder pattern exactly on our main downtrend line (the yellow line). 2. the price touched the purple line and moving under the line, tends to decrease. this line is a reliable S&R line. 3. the price made the H&S pattern on the green zone acting as resistance. If the price breaks the neckline, we should expect a further decline to...
Everything clear on the chart. monitor the price in that elliptical zone. We have to wait for the price to reach this important zone. if the price could break the zone, the Idea will be failed. confirmation from 4H timeframe.
1. The white line is the weekly support line, which the price could make a double bottom pattern on it. 2. The price could break the YELLOW LINE which is 1H downtrend line. this line has been retested too after being broken. 3. the time to get into a long position is when the price crosses the GREEN LINE as the important 4H resistance line. the more safe time is...
The intersection between the green line and the gray zone makes a great opportunity for buyers with a good risk to reward ratio. get the confirmation from 4H. don't get into the position before having a reliable confirmation which is forming in 4H. good luck...
Recently, the price has gotten rid of the triangle pattern and made its first HH, which is the sign of upward movement. on the other hand, she is at the zone acting as strong support. notice that the support zone is formed by the two important fib numbers of the wave AB (38.2 and 50). the confirmation should be given from the 4H timeframe.
everything clear on the chart. the daily confirmation is formed by an engulfing candlestick formation. if the price can cross the first target which is intersected with the red line, we can expect continued upward movement toward the second target and then the purple line. good luck.
everything clear on the chart. about the importance of the GREEN LINE, enough to know that this line is drawn from 7, Feb 2017 and it is the 4th time is being touched by the chart. the intersection between the yellow line and the green one both as a support line is a good sign of upward movement. confirmation from 4H. good luck.
everything clear on the chart. the price is an area with concentrated strong resistance which convinced us to have a fall from there. notice that it would be a big risk getting into the position without confirmation. get the confirmation from 4H. if the zone is broken, we should look for the pullback (dashed arrow). good luck.
1. THE GREEN LINES: descending channel in which the price is moving. the price is bouncing at the upper line of the channel. 2. THE YELLOW LINE: reliable horizontal support and resistance which is turned to resistance for the first time. to have a better view of the position of this line, it is better to set the chart on the linear. 3. THE WHITE LINE: this is the...
everything clear on the chart. zoom out to have better outlook. all the possible targets are marked on the lines right up.
the important intersection has been formed by the important lines, GREEN, RED and WHITE all acting as resistance. the RED LINE is not only a strong S&R line but the 61.8 fib retracement of the wave AB as well. the elliptic zone is very strong resistance and we expect to have a downward movement. if the price crosses the zone upward and reaches the yellow line, we...
if the price breaks the elliptic zone, the price can reach the yellow line then rejected from there. short is expected either from the elliptic zone or the yellow line...
the price needs to retrace in consequence of which we consider the elliptic zone as the final destination of the retracement wave. we expect the price to rise up from there. good luck...