Ali_MannochehrTayebi

Ali_MannochehrTayebi

Analysis of supply area failure and price rise in the range of price compression. Pay attention to the chart ***Best Of Luck***

Ali_MannochehrTayebi Updated 

With the decrease in the strength of the bearish candles and the triangle, we can expect a fake decline and then an increase in the price. Also, the pin bars in the triangle (price rest range) indicate a breac from above. ***Best Of Luck***

Ali_MannochehrTayebi Updated 

By collecting sell orders at the price of 1951, we expect correction up to 0.5 Fibonacci. Therefore, according to the support of 1920(CHOCH), we expect an upward trend until the first target of 1932 and the second target of 1948. *** Best Of Luck ***

Ali_MannochehrTayebi

With the price being in the range of local support and strong main support, the price is expected to increase by at least 0.5 fibo. According to the Today's Unemployment Claims news, it can be entered in two steps at the prices of 1.24590 and 1.24323 . In the final part of the trend, we see buyers gaining strength. *** Best Of Luck ***

Ali_MannochehrTayebi

Touch local support and correction to 0.5 we can find expired divergence. In the first goal, we can expect the price will rise up to 2046.05 dollars. * Red lines are Ichimoku benchmarks, CHOCH, and main resistant. Best Of Luck

Ali_MannochehrTayebi

It seems that the price in the downward trend has finished its correction and we will see a minimal drop to the price of 1800-17500 dollars. concluded according to: * Touched CHOCH area * Retracement above Fibonacci 0.7 * Extremely forceful divergence with RSI * Due to the analysis in a shorter time frame Best Of Luck

Ali_MannochehrTayebi

According to double top reversal & main resistance with attention to low trading volume & poor divergence It is estimated that the price will drop to at least 57,500. best of luck.