HishamMahrous

HishamMahrous

As we are approaching the having and we broke the 100MA on the daily chart I just wanted to remind you of previous patterns happened in the past before the parabolic bull run started. As you can see here when it broke the 100 MA in 2013 and in 2017 and as we have seen lately, it retraced and touched the 100 MA. This is actually a healthy sign for the bulls, not to...

HishamMahrous

BITMEX:XBTUSD As I described with my previous analysis it is perfectly following the channel as you can see I predicted this behaviour around a week ago. I think it will only go only up from here till at least 8K, expect some few down days but it should follow the channel as shown. Now it is sitting at the bottom of the channel I expect a long for the next...

HishamMahrous Updated 

Since the beginning of the year, notice if you connect the higher highs and the lower lows together they form these triangles of different sizes. The bigger the triangle the more volatility in the market, and vice versa. As you can see every bearish triangle is formed a bullish triangle emerge at the end, but only for a small period of time then followed by a...