tameralmasri

tameralmasri

the over all movement of AUCDCHF movement is going in an uptrend channel. however, the priceline is reaching a strong resistance area and we expect the price to reverse once we have a breakout. on the other side if the price broke the resistance level 64000 we will wait for a retest then we will go long.

tameralmasri

Looking at the Daily TF we can see that the priceline is reaching a strong resistance area and that it's going in a downtrend channel. now when we switch to the 4H TF we can the the ascending triangle that is forming and once we have a breakout we would place our sell order. On the other side, if we have a breakout of the resistance we will wait for the...

tameralmasri

Gold USD setup. waiting for a breakout. For more follow my IG: Forexagent007 Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;)

tameralmasri

Looking at the Daily TF we can see that the price is consolidating between 0.382 and 0.5 after a run to the downside. However, looking at the 4H TF, for us to catch the long trend we will either: 1- wait for the price to retrace to 0.382 Fibonacci level then place a long order with SL comfortably below that level. OR 2- we will wait for the resistance level of...

tameralmasri

So far I'm still shorting on EURUSD. However, this is a setup for the retracement. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;)

tameralmasri

Looking at the daily TF we can see that we started to see some Bullish momentum and since the price have been consolidation fo a while after a long run to the down side this indicates that traders have started to take profits. Now, looking at the 4 H TF we can see that the price have retraced to the 0.382 Fibonacci level plus it's at a strong resistance area. so...

tameralmasri

on the daily TF we can see that the bears are losing momentum. switching to 1 H TF we can see that we have a support level at 0.58900 and that the price is going at an uptrend channel. once the priceline hits 0.58900 it's a good entry to catch the uptrend. trade at your own risk and happy trading.

tameralmasri

Looking at Weekly time frame we can see that we have three wicks that have formed indicating a strong resistance level. the price has been going up for a while now and by switching to the 4H TF we can see that it have failed to form a Higher high. adding to that the priceline will be reaching 24.6000 resistance level and that's where I will place my short. trade...

tameralmasri

we can see that the price is moving in an uptrend channel. so we have decent opportunities to go long with the trend. however, we are waiting for the price to get rejected at 0.98600 for our short entry. trade at your own risk and happy trading.