mahmad01

mahmad01

Hello Traders!! Weekly timeframe: Gold is in trading in a range and here we can anticipate trading on support and resistance zones. Because it is moving from resistance we can easily anticipate that on daily timeframe market is in a lower trend where we can find some nice opportunities of selling gold. Daily timeframe: On daily timeframe market has made...

mahmad01

USDJPY is currently in a longer uptrend on weekly and monthly timeframes. I only believe in multiple timeframe analysis because trends are more obvious on bigger timeframes and we can anticipate the market conditions on 4 to 6-factor lower timeframes than what will be the next move of the market in the next one or two weeks probably. On weekly timeframe there is...

mahmad01

Weekly Timeframe: On weekly timeframe market is in an clear uptrend and it has retraced in last month from the height of 1.10192 to 1.05502 that means in February the pair was in downtrend on lower timeframes On daily timeframe market is in a downtrend and on last day a red candle is formed and it touched 20 SMA. From this information I can easily anticipate...

mahmad01

As it is evident that on weekly timeframe market is in an uptrend. It has taken breath in some weeks. On the daily timeframe the market has come to clear support. If we further come down lower on the 4H timeframe we can expect a break of structure to go longer having 1:1 to 1:1.5 Risk to reward ratio.

mahmad01

If we see the market structure of EURUSD it seems like an uptrend on a daily timeframe. If you see that black dark line is the strong support level respected many times. Here we are looking for the trend continuation because on 4h time frame the trend is also shifted from one downward to upward recently and making higher highs and higher lows. As the price...