NizarRahalii

NizarRahalii

as we can see , the price is in horizontal resistance level and UP canal resistance level too , so i think that we need correction to find some support form the canal for example to bring some power and fighting again the seller in the resistances :)))

NizarRahalii

SELL NZDJPY : i think that we need some correction in this stage . 2 resistance levels (green line and red dotted line ) in the fifth wave of both trend small and medium

NizarRahalii

main trend is down on the 4h time frame , after making the fourth complex correction wave , usdjpy will looking for the fifth wave to complete elliot cycle :)

NizarRahalii

EURJPY TF Daily

NizarRahalii

GBPNZD TF 1H - H&S reversal pattern formation and breakout its neckline after testing it 5 times - retest the neckline 2 times and forming other reversal pattern " flag " - price is in resistance line linked the head and the right shoulder all this indicators gives me a good SELL signal , but im waiting for breaking down the support of the flag pattern for...

NizarRahalii

SHORT USDJPY 1H TF

NizarRahalii

On the 4h time frame , the main trend is clearly DOWN , the impulsive waves was very strong (1-3) , the first corrective wave (2) was very simple , that is give a chance to second corrective wave (4) to be complex :) usually after each rally we can see reversal pattern like a flag or a pennant , in our case , here after the second rally formed the third wave we...

NizarRahalii

as we can see in the last analysis www.facebook.com the up trend was in its end , now we have a channel broken and formation of a nice reversal pattern H&S , i think that everything will be alright and the down trend will continue and its mainly path

NizarRahalii

on monthly - weekly and daily time frame , the trend is obviously UP , on 4h we find the UP channel support trying to hold the price by forming the first impulsive wave with a second for correction and the third wave breakout the resistance of the DOWN channel , and as you can see the price return to retest the old resistance and still trading inside symmetric...

NizarRahalii

GBPNZD begin to form a new UP trend at the 1h time frame , it makes the first impulsive wave and correct with the second , now it seems to look for the second impulsive wave (wave number 3 ) , any way bellow the bottom of the second wave means that this scenario is falling down , that is way i put there my stopp loss ...

NizarRahalii

happy valentine's day

NizarRahalii

UP trend at the 4h time frame which reach the resistance level of a down canal at the 1d time frame specially with a nice divergence on the RSI indicator , all this giving us a first signal to SELL NZD against $ , waiting for confirmation by breaking out the UP canal or forming a reversal pattern or even a strong red candle is a good second signal to confirm our...

NizarRahalii

EURUSD , SELLING THE RESISTANCE :)

NizarRahalii

JUST SPECULATION ...

NizarRahalii

On the daily time frame the price still climbing an up channel to , but now is on a sensible zone , support zone , then we have 2 choice , the support will hold the price again to make other higher low , or let the price falling down ... i think waiting the market decision better than taking a bad one like SHORT or LONG now :) so we are in front of two choices...

NizarRahalii

My idea is the opposite of my idea :)) If we assume that the price will go up and will draw a new upward trend,then it is supposed to find a reversal pattern at the end of the last down trend which still making LH and LL without a change in the order and And this is what prevents the appearance of a reversal pattern So I suggested 2 scenarios : 1 - falling the...

NizarRahalii

Price is on the resistance of the DOWN channel after a stong and longer corrective wave since the beginning of the down trend ... we can see also a clear hidden divergence on the MACD and the RSI which gives too overbought indication , all this indications especially in the sensible zone (channel resistance) gives us a good BEARISH signal on the 4H time frame ,...

NizarRahalii

1- FOLLOWING OUR FRIEND (THE TREND) 2- REVERSAL CANDLE AT THE RESISTANCE 3- NICE RATIO R/R = 2.31