lahrach_01

lahrach_01

yesterday a big price rejection occure at resistance area so it's a signal for an opportunity to go short ,and now a retracement occure and price will continue his way down LIKE, FOLLOW and SHARE for more ideas

lahrach_01

price did a retracement at this support level and will continue up to touch the resistance level for the 3th time LIKE, FOLLOW and SHARE for more

lahrach_01

in a downtrend a price rejection (engulfing pattern) occur when price touch 200EMA , and RSI shows oversold to buy so it's an opportunity to go short LIKE and FOLLOW

lahrach_01

in an uptrend price touch 200EMA at 4h timeframe with RSI line shows an overbought to buy, and at daily timeframe price respect 50EMA so i see an opportunity to go long LIKE and FOLLOW

lahrach_01

price touch support area and a price rejection occur at this level , MACD histogram shows a clean move to this support level and area it's a previous resistance turned to support, with RSI line shows overbought to buy , so it's an opportunity for go long FOLLOW and LIKE

lahrach_01

price touch the down trendline and 50EMA for the 5th time and found a rejection at 4h timeframe and with 1h time price respect 200EMA so i see opportunity to short the market FOLLOW and LIKE to get more

lahrach_01

after the pullback in a up trend price found a rejection for the 2th time when he touch 50EMA so he respect 50EMA and it's an opportunity to go long LIKE and FOLLOW for more

lahrach_01

so a price rejection (engulfing pattern) occur near uptrendline level with 200EMA supporting the price , i see an opportunity to go long LIKE and FOLLOW

lahrach_01

in a channel price will continue his clean and momentum (MACD histogram) move near the uptrend line and touch the 200EMA for the 4th time and go up again , so we need wait for price rejection at this level and go long

lahrach_01

with a clean move price touch a channel line and found a rejection at this level , and RSI shows oversold to sell with a bad expectation from composite PMI and services PMI so you can go short

lahrach_01

GBPUSD touch support area with 200EMA supporting the price, RSI line near an overbought level, and i think the BoE Gov Bailey Speaks at 14:00 AM will push the price higher FOLLOW and LIKE for more ideas

lahrach_01

price found another rejection at the resistance area and if we zoom out the chart or use the daily timeframe we can see a continuation triangle pattern so i guess EURAUD will continue his way (down) ,and RSI shows an oversold to sell