FarhanZidan

FarhanZidan

Hello Guys, The price had tested three times at the strong Supply and Resistance area at 0.58631-0.58705 and make the Triple Top chart Pattern, it is mean the price will go down, so we suggest to focus on SELL Position when the price make a pullback or corrective structure to the resistance at 0.58423

FarhanZidan

Hello Guys, AUDUSD had made the "BOS" in the market closing time last week, Because of that situation we can focus to look for the SELL position for next move price. and now the price make the corrective structure to retest the supply zone around 0.64238-0.64347 one more. after reach the supply we expect that the market will go down to support to make the new lower low.

FarhanZidan

Hello Guys, Based on the 1 H time frame chart for EURUSD we can see that price was failed to make the lower low and stopped at the demand zone around 0.99384-0.99503. for that situation we can see the double bottom pattern at that area so we expect that the price want to go higher to find the supply above. Guys, If we look to the awesome oscilator also we can see...

FarhanZidan

Hello Guys, the price of GBPUSD last week closed after making BOS "Break Of Structure" after finding the resistance at 1.16473 then the price went down to get more support and more power to be able to break that resistance. if we look the detail the price is on going to head the resistance again, and we see for this time the price will reach the supply zone area...

FarhanZidan

Hello Guys, the price of XAUUSD last week was closed at the strong demand zone around 1638.660 - 1644.385. if we use the Fibonacci retracement we can know that demand zone is in 0.6 level fibonacci which one of the golden level of fibonacci retracement, it is mean the retracement action for the price move higher from that level is still possible. Regarding the...

FarhanZidan Updated 

The price going up to 145.876 as the resisstance after break the triangle Pattern

FarhanZidan Updated 

Hello Guys after the impulse Bullish during a time GBPUSD in corrective situation based on the chart I show you to retrace and making the new higher (if not fail). if the price fail to retrace the level it is mean the corrective will change to the impulse bearish, but at least for a moment I think the price will go to the 50 fibonacci before it gives the new...

FarhanZidan Updated 

After reach the 50 fibonacci level the price of GBPUSD confirmed to retrace in Bullish situation, so the next move is to retest the resistance at 1.14792, if the price break the resistance, then the price is ready to make the new higher high at 1.20948.

FarhanZidan

Hello Guys, last week we got the DXY price last week was in big fall even on friday it can comeback a half price of falling. based on "smart money concept" DXY has made the "CHOCH" Change of character based which is mean the price potentially will change the direction of trend, in this situation from bearish to bullish. so we can focus to BUY position. where...

FarhanZidan Updated 

Hello Guys, Last week we got reached the target on "SELL" Position for XAUUSD to 1626.899 then just a moment after reaching the target the price got big rejected and make the new impulse bullish. so the question now is, what will the price behave next ? Technically I see the price will make the corrective structure first before its continue upward. as yo can...

FarhanZidan

Hello Guys, before the price of USDCAD had made the double bottom which the price got rejected from that area untill make the "CHOCH" (change of the charecter) based on smart money concept it is mean the price ptentially will change the direction of trend, from the bearish to bullish. The last candle in 1 h timeframe shown the red as a corrective after getting...

FarhanZidan Updated 

Hello guys, the price for XAUUSD has broke the 50 & 61 fibonacci level, technically it s mean the lose bullish momentum which the price is fail to retrace, so we look for the short position in the supply zone at 1660.00 or around the zone area I drew in chart

FarhanZidan Updated 

Hello Guys, Last week we knew that the price of gold was closed by the bearish candle based on the daily timeframe, it is mean the seller was dominant because of the good news for USD in NFP data released and also related to the decision of the FED about increasing interest rate still has the impact for the strong of USD. Based on technical analytic I see that the...

FarhanZidan

Hello Guys, After NFP news which is good news for USD Investors response to sell their BTC we can know it if we look to the majority of cryptocurrency market especially BTCUSDT. Based on technical analysis BTCUSDT still in the big bearish trend and will continue to find the support area at 19056.42 and potentially to 18696.95, it is also related to the strong of...

FarhanZidan

The Pulllback price for LUNCUSDT to the support at 0.00027165 as shown the market is in bearish trend with the drop base drop structure

FarhanZidan

The price is on the way to pullback to 159.525 after break the demand area also if we look to the ichimoku indicator the red cloud has appeared it is mean changing trend direction from bullish to bearish and now the price is below the blue conversion line

FarhanZidan

DXY will continue Bullish as a major trend after reach 0.61 Fibonacci level which the golden level for retracement and already broke the bearish trendline as shown in chart