Hishamshehata
4th trendline touch on a strong supportive trendline, the price keeps maken HH and LH. Looking at this setup.
Dear followers, After last weeks impuls wave up price might retrace to the broken resistance ( support now). i'm keeping an eye on the setup shown in the chart above, there are some confluences such as the support that's lining up nicely with the supportive trendline. when trading XRP, keep in mind that the price moves really fast so use risk management correctly
Dear followers, All technical information is shown on the chart
Dear followers, in the chart shown above we can see that gold has been losing it's bullish momentum and might retrace to certain levels mentioned on the chart. please use the correct risk management when trading gold as this commodity moves fast.
This pair broke though the support, a support that has been broken turns into resistance. so we can expect a retest of the broken support and further down PA
New leg down to come, 61.8 FIB has been respected for 3 days now.
what goes up must go down! expecting a retracement to the 61.8 fib and then continuation of the upside momentum. 57.5 as a target buy price
multiple rejections of the 61.8 fib on the H1 timeframe, new leg south to come
GBP pairs are facing incredible volatility due to the Brexit deal or no deal. Yesterday we've seen this pair drop about 240 pips, today we're retesting the previous session highs. as of now, the price seems to reject the 1.322 zone. this could lead to a huge leg south. more info on the chart
once price has reached the 1.004 level we can anticipate a new leg to the upside.
If the price rejects the grey zone on the chart we could see a sharp drop to the downside, as of now we must await a descent sell signal and sit on our hands. If price breaks through the grey zone we are in for another leg to the upside.
we expected this drop and target was reached to the T. now this target has been fulfilled it can continue its upward momentum