mohammadsomeaneshin

mohammadsomeaneshin Updated 

Buy at 1.24290 Stoploss : 1.23900 Take Profit : 1.26000 dont forget to place stoploss

mohammadsomeaneshin Updated 

I think all of the indicators are showing WRONG DATA for this chart now. here are some reasons why I say it may go down !!!! 1-as you see, there is a very nice resistance area at top. 2- Double top pattern shows that the price is not strong enough to go high. 3- last high is not higher than previous high 4-its also a shoulder pattern 5-the Fibonacci retracement...

mohammadsomeaneshin

Hi guys, wish you a profitable week! as you see, the hidden resistance line#1 is working properly and it stopped the price action several times, so its valid and we can count on it. the distance of both trend lines ( Trend #1 & #2) are getting closer together, showing that the main bullish trend wasn't powerful enough to continue and it is ending its long...

mohammadsomeaneshin Updated 

dont forget to place stoploss. wish you luck

mohammadsomeaneshin

the GBP USD is going donwtrend, here is why: 1- the uptrend Momentum is getting lower and lower, shows that the uptrend movement is near to the end. 2- the slope of the uptrend is getting lower. 3- the last higher high is not higher than the previous high, 4- the horizontal line ( previous resistant line is working powerful 5- the present uptrend could not...

mohammadsomeaneshin

i am still insist on my previous forecast, GBP CHF will start a huge downtrend movement next 5 days! its my idea and none of the technical analysis is for investing. dont forget to place stoploss.

mohammadsomeaneshin Updated 

USD JPY will start downtrend

mohammadsomeaneshin Updated 

as you see, then resistance and support trend lines are getting closer to each other, so it means that the price action is reaching its endpoint and its going to stop the uptrend movement, now, if uptrend movement stop, it may goes to a neutral direction ( uo and down slowly ) or it may start the downtrend with high movements, but from the last downtrend trend...

mohammadsomeaneshin

dont forget to place stoploss.

mohammadsomeaneshin

please dont forget to place a stoploss.

mohammadsomeaneshin

as you see the resistant line at the 6th March til 9th March stopped the uptrend from raising up, it shows that its a real resistant line. so if you pay attention at the channel, the higher highs went upper than the previous higher highs, until the last high. it shows that the trend slope is getting lower and it may stop the uptrend and changes the direction to...

mohammadsomeaneshin

as you can see at the chart, the market is going uptrend and after a while the uptrend slope is getting lower than previous candles, shows that the movement is tired and market is getting ready for a simple retracement. so after hitting the horiz line, it will start a downtrend i guess. dot forget to place stoploss. have a great night.

mohammadsomeaneshin

only short positions are predictable in this market for now. but it seems to continue on an uptrend channel, be careful to place a stoploss higher than your sell order, because of Corona virus the market is not exactly predictable and everything can change in 1 minute or after one single news. this position is very risky, be aware !

mohammadsomeaneshin Updated 

CAD CHF will continue short downtrend at first movement, then it will rais upward and goes uptrend. So if you decide to take short position at the beginning of movement, just start selling with putting STOP LOSS at the top of the resistant line, But if you prefer a long position use buying after it moved to the bottom of the movement at the near place of support...

mohammadsomeaneshin Updated 

GBP CAD may go downtrend, because it broke the support line, after that its had last good bye kiss ( going back and touching support line again), now its ready to fall very down. dont forget to take Stoploss and take profit. using this kind of analyzes are more safe in long positions.

mohammadsomeaneshin Updated 

my idea is that the trend lines of resistant and support are getting closer together, it means that the market is tired of going down, and it is willing to change the trend direction , so the best part is short positions when it is going to touch the support line ( candles go down ) you may buy at that situation, after all, if the market continiues going upward (...

mohammadsomeaneshin Updated 

because of breaking the support line, and double top reaching , and the Higher High wasn't higher than the previous high, and also the MACD and RSI movement , my idea is a Downtrend movement. please dont use this technical Analyze for short positions, its long, and dont forget to take a Stop loss for 1% of wrong movement.

mohammadsomeaneshin

pitchfork shows us exactly the channels of movement, despite of the united concerns of Corona virus, this market will continue its ordinary and predictable moves. dont forget to use stoploss and take profits for this analyze.