usamarafique18

usamarafique18

Price has broken the current upward channel (Green lines) and approached the old daily resistance level, the MA100 level on both the daily and the 4H, a previous support level and the 0.382 Fib retracement from the impulse movement to the upside. All signs and indicators show a strong level of support here. Will be looking to see if the price holds here and...

usamarafique18

Price has reached a strong support on the monthly, weekly and daily time frame. Looking for a bounce from this point and going long, also now resting on the 0.236 Fib retracement from the highest historic point, to the lowest.

usamarafique18

Green line - Trend this year White line - Overall trend last few years One to watch closely. Price has reached a strong support level, but has been moving to this point in a downtrend for the last year. Looking for a bounce at this level on the daily to go long and a reversal. If this level breaks it may continue the current downtrend.

usamarafique18

Looking to open a short position on USD/JPY. Price has hit a strong resistance line on the down trend and has been moving in this downward channel for some time now. Watching for rejection at this level before confirmation & opening a position.

usamarafique18

Watching this one very closely over the last few weeks. Moving perfectly in-between support and resistance of the symmetrical triangle and recently settling on the 0.5 fib retracement as a resistance. Looking for a break out of the triangle to open a position, long or short? Long Target - 12.39 Short Target - 6.02

usamarafique18

Head and shoulders formed on Beyond. Looking for break of the neckline to take a short position.

usamarafique18

Wait for break and confirmation of pattern to take position.

usamarafique18 Updated 

Expanding wedge on the H1 and H4 Charts, when price breaks to the downside we expect it to fall to the baseline of the wedge for our short position.