Mohamed-Alrashedi

Mohamed-Alrashedi

On monthly chart a confirmed symmetric triangle has been formed through the previous months ( more than 2 years ) Waiting for a breakout potentially up which lead to more than 4X = 4000% of profit from the current price Again this is a long term investment also keep in mind the also breaking down will result also in -4X from the current price To get benefit...

Mohamed-Alrashedi

This is a hypothetical BTC for long term price prediction It may sound and seems too much even for a year or two from now. But hey. We predict a fall of price from 42K to zone of 18K Zone and yes it happened and the target was at 60K. 3 years ago it took 3 years to happen since i posted the trading idea on Jan 2022. Check it from this link Now it looks crazy...

Mohamed-Alrashedi Updated 

We are setting now on 1- Previous structure historical support 2- 61.8% fib from the entire impulse leg from early March 2020 3- Potential sypher pattern may be setting there in the future from nowadays price on (B) all the way up to $87790 and the rejection to complete the harmonic pattern in the areas of $17700 to $11500 4- Long from (C) and the PRZ in the...

Mohamed-Alrashedi Updated 

To be watched for entry points These levels may be a reversal levels for long positions

Mohamed-Alrashedi Updated 

Long Long Long :) let's see if this will happen in the future

Mohamed-Alrashedi Updated 

A massive cypher pattern may be completed at the D also you may look in lower time frame for the entry point at the Potential Reversal Zone (PRZ) Have a good trading

Mohamed-Alrashedi Updated 

A pervious aggressive LONG C trade plus completion of the harmonic pattern and then SHORT with two targets at 38.2% fibs and second target at 61.8% are present up there Happy trading

Mohamed-Alrashedi Updated 

Harmonic most of time works on charts Lets see what will happen The chart is clear enough for the trading opportunity Happy Trading

Mohamed-Alrashedi

A negative divergence is now on daily chart here a short opp. is great now with very little risk compared to reward

Mohamed-Alrashedi Updated 

BTC on daily is now getting momentum as rsi now is getting a positive divergence with the price. Next price level will approached 30K zone

Mohamed-Alrashedi Updated 

- BTc on Daily looks like to be in overbought area - Positive divergence on RSI - Previous Structure support area at 25K Zone - Testing major previous structure resistance at 30K to 32K is the next target N.B Entries should be on lower time frames Trade your plan , plan your trade Happy trading

Mohamed-Alrashedi Updated 

- PRZ and previous structure support - Daily trend line in yellow could be a reversal zone - 1.27 fib extension is just on the trend line zone Happy trading

Mohamed-Alrashedi Updated 

- positive divergence on rsi - fib extension on 1.27 is likely to reverse the trend - Entry price is in the area with the lower trend line

Mohamed-Alrashedi Updated 

Descending triangle Entry at the upper range of the upper trend line of the triangle and if the price should go all the way down to the lower trendline Entry Short at : 1.5788 TP at : 1.5640 Stop loss : 1.5871

Mohamed-Alrashedi Updated 

Hello Traders Gold on the 4 HR has two setups First one is Cypher breach pattern: XAUUSD ( Gold ) a potential cypher pattern is gonna be completed soon at (D) Entry Short at : 1972 Target 1 at : 1937 Target 2 at 1917 SL: 1990 Second one is bat pattern Buy LONG at 1893 TP: 1927 SL: 1876 waiting for the market opening and lets see which limit order gonna...

Mohamed-Alrashedi Updated 

Price has breakout the trendline in yellow color and a retest has been made over the trendline Now, it is time to rally once again and approach 29K Entry, target and price are on the chart

Mohamed-Alrashedi Updated 

a harmonic pattern is groining to be formed almost 75% completed now we wait for the price to retrace up again and reach the selling area also the selling point is near the order block on hourly fram

Mohamed-Alrashedi

Gold on monthly chart has - triple top - Negative rsi divergence and it is losing momentum in a large time frame (Monthly) - Targets are 1350 Zone It is as simple as that. Also see my previous Gold forecast on May 2022 from this link which matches with the same current situation