walidmaksoud83

walidmaksoud83 Updated 

Price now has broken the uptrend line which is touched and bounced more 3 times and the price was directing now toward 1.0815 after closing below 1.0915 which has big volume.

walidmaksoud83 Updated 

Price was moving now above EMA 100 and EMA 200 after breaking the downward line with high volume , so our expectation it will move upward toward the supply zone 1.7830-1.7850.

walidmaksoud83 Updated 

Price is now moving above the upper line of the triangle and retouching it to confirm retesting this line , and last candle in 4 hour chart was closed with high volume

walidmaksoud83 Updated 

The GBP/USD is currently moving with a bearish bias in the short term; however, the bullish trend is intact, and the weekly chart shows that the price closed before the 200-EMA. Also, the weekly chart warns of the potential for some consolidation and an extension of the move downwards. Weekly chart 4H chart in close

walidmaksoud83 Updated 

It is expectd to move in bearish trend after closing below the value area which has been tested more 3 times whether a suuport or resistence zone , and moving below EMA 200 confirms this trend especialy after forming the bearisg engulfung candle. H8 in close

walidmaksoud83 Updated 

The price is now moving below the average 200 after breaking the bullish line to the bottom with the formation of a strong selling candle with high trading volume, so all signs confirm the continuation of the decline to 67 levels after bouncing slightly higher as shown in the analysis, and also that decline appears on today’s candle in the daily timeframe.

walidmaksoud83 Updated 

The pair has now moved in an upward direction above the average of 200, and has reached a price of 1.2845, and this price area is annual, as the last time it was traded in was in April 2022, so it is expected for a temporary decline from this area to carry out some correction to the price area 1.2680, to re-test it again after breaching it on the previous Thursday

walidmaksoud83 Updated 

price now is moving above the triangle after breaking the upper line , so it is expected to retouch the upper line again to retest and continue the bullish move with stronge candle and it is supported by moving above EMA 200 and 100

walidmaksoud83 Updated 

The price today began to decline and correct after an upward wave that lasted for 18 days without any correction. Therefore, a correction is expected to the demand areas 95.8 and 95.6 that were breached on 15/6/2023, and thus we await a re-test again or a completion of the correction to the 23% Fibonacci areas that It represents 95, so we will wait for a strong...

walidmaksoud83 Updated 

The symmetrical triangle is usually a continuation pattern The minimum requirement for a triangle is four reversal points. Remember that it always takes two points to draw a trendline. Therefore, in order to draw two converging trendlines, each line must be touched at least twice As a general rule, prices should break out in the direction of the prior trend...

walidmaksoud83 Updated 

The price is now moving below the average 200 after touching the bearish line that was tested more than once, with the appearance of a strong selling candle on the four hours

walidmaksoud83 Updated 

Gold failed to penetrate the 1970-1980 area more than once in the previous weeks, to retreat again to 1950 levels, and also moved below the 200-average, with the appearance of a Price Action candle and a sell signal on the stochastics.

walidmaksoud83 Updated 

The pair is now moving in an upward direction above the 200 average, and has reached a price of 0.6880-0.6890, so it is expecting a temporary decline from this area to carry out some correction to the price area 0.6820-0.6800, to re-test it again after breaching it on the previous Thursday, and waiting for the Price Action candle

walidmaksoud83 Updated 

The price has now breached the bearish line with the double bottom area to the top, expecting to reach 27000

walidmaksoud83 Updated 

The price has now breached the bearish line after bouncing from the double bottom and volume areas, and is now moving above the 200 average.

walidmaksoud83 Updated 

The price is now moving below the average 200, after bouncing from the double top area, and the sell signal also appears on the stochastic

walidmaksoud83 Updated 

Gold is now moving above the descending line after its breach to the top, after rising from the strong buying area 1927-1937, which was tested more than once in the current month of June. Thus, if the current four-hour candle closes above the line, gold will complete the ascent to the 1970-1980 area.

walidmaksoud83 Updated 

The metal moves in a price area ranging between 1985 and 1932 within the two sides of the triangle. Thus, if the lower side of the triangle is breached, the metal will go to the price of 1932, whether by settling above this area to return to the top again, or by breaking it to the bottom, and the direction changes completely. Until then, we should be careful in...