AbdullahTech

AbdullahTech Updated 

Short XAUUSD Trading Position on 30 min timeframe Initial Take Profit: 2303.45 SL: 2340.50 Gold shows a possibility of a bearish movement after breaking an ascending trendline. The price has fluctuated just underneath a 4-hour structure break. It is expected to continue below the shown trendline and reach the previous day’s bottom again. The trend lines drawn on...

AbdullahTech Updated 

Short XAUUSD Trading Position on 30 min timeframe Initial Take Profit: 2310 SL: 2345.67 Gold shows a possibility of breaking down an ascending channel, where the price has fluctuated just underneath a 4h structure break. It is expected to break the showed trendline and reach the 1h parallel channel's bottom. Traders should be cautious and monitor key levels of...

AbdullahTech Updated 

Short-Day XAUUSD Trading Position on 1 Hr timeframe Initial Take Profit: 2036 (return to the channel) TP2: 2020 (Second Higher Low) SL: 2051.5 (Breaking the daily structure) Gold shows a descending channel pattern, where the price has been fluctuating between two parallels in a downtrend movement overall, downward-sloping trend lines. It is expected to continue...

AbdullahTech

Timeframe: 4 Hours Long Day Trading Position Initial Take Profit : 1.6183 to the channel middle point 2nd TP: 1.6238 (to the high volume node of the volume profile) SL: 1.593 (breaking the trend channel) The pair is in a bearish tunnel for more than a month, and now in the trend channel's bottom, and has a high potential to go up again during the next few...

AbdullahTech Updated 

EURAUD Timeframe: 1 Hr Short Day Trading Position Initial Take Profit : 1.602 (to the nearest Higher Low) TP2: 1.595 (Second Higher Low) SL: 1.62 (Breaking the structure) The pair is in an upward trendline since the beginning of the week. It broke the small trendline on the 30 minutes timeframe, then broke the 1 hour trend, and it is showing a potential downside...

AbdullahTech Updated 

EURUSD Timeframe: 1Hr Short Day Trading Position Initial Take Profit : 1.068 (Uptrend channel correction = Pivot Point) TP2: 1.062 (If break the pivot) TP3: 1.056 or 1.053 SL: 1.077 (strong downtrend break upward) The pair was in a bullish tunnel last week. At the end of the week, it touched the 4H downtrend and seems to test the upper side of the tunnel within...

AbdullahTech Updated 

GBPJPY Timeframe: 4Hrs Long Swing Trading Position Initial Take Profit : 167.74 TP2: 168.42 SL: 164.0 (back to the tunnel) The pair was in a bearish tunnel for almost 3 months, but that tunnel has broken up on 6th September around a price of 164.22, which will eventually start a long bullish trend/tunnel while MACD and stochastic indicators are up ↑. This...

AbdullahTech Updated 

Short Day Trading Position Take Profit 86.300 (Completion of the pattern) SL: 89.1 (If breaking the pattern up) The AUDYPY pair has been showing signs of bearish divergence on the 4 hour chart, and a potential creation of ABCD Pattern while the Bearish big trend continues. The pair has started the downtrend since September 13th last year on the Daily chart and it...

AbdullahTech Updated 

Timeframe: 15 Minutes Long Day Trading Position Take Profit 159.355 SL: 158.805 (Breaking the trend) The GBPJPY pair has been showing signs of bullish divergence on the 15 minutes and 30 minutes chart , with ADX and DI indicator and trend continuing potential. The trend up has started two days ago, and it has just bounced back after hitting the support line (the...

AbdullahTech Updated 

Timeframe: 4 hours Short Day Trading Position Take Profit 1.08040 or @ 1.073 on the long run SL: 1.093 (Reaching Upper resistance) The EURUSD pair has been showing signs of bearish divergence on the daily chart, with MACD indicator and trend breaking pointing towards potential downside movement. The pair has been trading within an uptrend channel for almost a...

AbdullahTech Updated 

USDJPY Timeframe: 1 hour Short Day Trading Position Take Profit @ 143.633 SL: 144.203 (continue the bullish trend) The pair was in a sideway tunnel for a week, and broke the tunnel up yesterday. But because of the long wick few candles before, it is more likely to go back down for a correction to the last tunnel support that has broke it up recently, which is our...