Mohamadyaser

Mohamadyaser

maybe a new high point will be achieved

Mohamadyaser

releasing of upper side of the triangle and passed the resistant at 7$

Mohamadyaser

the price now reaches to the moving average 200 its the strongest moved resistance lets see if you buy , your first target will be between 7.62-7.63 good luck

Mohamadyaser

all of you know how to act but the area ,where the arrow is , gives you a sign do you get it? good luck

Mohamadyaser

the pattern is complete we sell at or around D then : usually with that pattern the first buying will be at 61.8% fib then we support that by buying more if the price continues going down till 23.6% fib

Mohamadyaser Updated 

i was waiting the last candle to be sure it would be green , that green candle gave the credibility to that divergence. stochastic RSI is showing oversold that supports the hidden divergence . our goal is 7.4000 the same idea we can apply it to USDTRY and our goal will be 6.82

Mohamadyaser

the price is passed the upper side of the triangle so will we see retesting the last top price at 1500? its ur decisions

Mohamadyaser

the movement between the two sides of the yellow triangle will take us to a target between 1.0955 and 1.1000 signs that support this idea if the price goes above the upper side of the parallel channel this is one of three scenarios all of us know them

Mohamadyaser

its simple analysis >the target is 1.0935 that is the moving average 200 \frame 1 hour good luck

Mohamadyaser

if you want to see the hidden divergence more clearly , you can use one hour frame

Mohamadyaser

as you notice K the hidden divergence achieved on RSI and Stoch RSI, that is supported by general situation now especially the Emerging Markets

Mohamadyaser

with the first chance for eru\usd to go up < eur\try will go up also but it will be as so fast as it will not do any retest

Mohamadyaser

if the eurusd goes up again my goal will be at 7.05 as long as the try doesnt get better

Mohamadyaser Updated 

i hope i will get my goals

Mohamadyaser

just observe that beautiful pattern now > i thought we all know when we should sell

Mohamadyaser

the price breaks the upper side of the triangle . three of 4 hours candles closed upper of that side . maybe now its going to retest

Mohamadyaser

waiting for the pattern to be completed

Mohamadyaser

adding that there is a strong resistant at 5.94, also there is overbought of RSI index on the daily and 240 mins frame. but the geopolitical events make us very careful