MohamedMagdy

MohamedMagdy Updated 

Oscillator Divergence showing price may move down with VSA showing sign of weakness in a rising market There is also a Bearish Alt. AB=CD

MohamedMagdy

Bearish wave IV is in progress as an ABC ZigZag , Currently The bullish AB labelled by red box Wave is forming

MohamedMagdy Updated 

Wait for the retest of the entry zone and go long with a oscillator divergence signal conformation

MohamedMagdy Updated 

Bearish Wave 5 is forming to the targets shown by the red arrows

MohamedMagdy

wait for the close of the current bar ; an up bar with a narrow spread and volume lower than the previous two candles is a good sign of weakness for the market to go up . Just be patient ,

MohamedMagdy Updated 

According to VSA , sign of weakness appearing by the two no supply bars which give indication to coming bullish move on the breakout after a successful test

MohamedMagdy Updated 

Bearish Gartley Emerging

MohamedMagdy Updated 

Seems to be a Reasonable Buying Setup

MohamedMagdy Updated 

Bearish Anti Alt. Shark with An Ideal Bullish AB=CD equal in both length and time An oscillator divergence should confirm the coming up correction According to VSA we have a strong sign of strength signal which is climax sell . This indicates the market is about to rise and there is a professional buying at the current low .. That climax sell bar must be tested...

MohamedMagdy Updated 

Wait for the close of the current 1 hr bar , it must close up VSA Show sign of weakness with the no supply bars 1 & 2 The down break of those two bars with high volume invalidates that bullish possibility

MohamedMagdy Updated 

Bearish AB=CD WITH Negative RSI Divergence and VSA showing a climatic action with is a sign of weakness , an up test bars with low volumes such as no demand bar or any other sign of weakness is needed to confirm the coming bearish move , i.e. upthrust , higher highs with low volumes and narrow spreads , squats , etc

MohamedMagdy Updated 

Sell the breakout According to VSA , there are signs of weakness showing the market may go down further

MohamedMagdy

Sell the breakout after test

MohamedMagdy Updated 

Bearish move maybe coming after the formation of one of the two harmonic patterns which are gartley and if it failed there will be a bearish anti alt. shark which I think will be a strong bearish pattern Any oscillator Divergence should confirm the bearish coming move The red boxes are potential reversal zones to the down direction There is a down correction...

MohamedMagdy

Your long entry must be confirmed by any oscillator divergence or price action reversal

MohamedMagdy Updated 

bearish bat

MohamedMagdy Updated 

Bearish Anti Shark with bearish divergence

MohamedMagdy Updated 

This is not an ideal Gartley . However , The pattern includes an ideal AB=CD with positive divergence indicating a possible buy signal