AMA4FX

AMA4FX

We can sell now after breaking the uptrend line and closing below the volume zone.

AMA4FX

After breaking the volume zone and retesting the zone, we will buy now.

AMA4FX

After breaking the downtrend line and the volume zone and closing above the moving averages, we will start buying.

AMA4FX

Time to sell now After penetrating the volume area

AMA4FX

After the uptrend line is breached, we will wait for a close below the orange volume area for sell

AMA4FX

We will monitor the price action and wait for the moving averages and the orange volume zone to break through and close above them to buy.

AMA4FX

The uptrend line has been breached and we will wait for a close below the moving average lines and the green zone, which is a high volume area, to start selling.

AMA4FX

We will wait for the area to be retested to buy again.

AMA4FX

Reasons for sell : - Price Action Candle on Daily Time Frame -A bounce from the 50 moving average line

AMA4FX

The currency is now in the buying phase, there is a price action candle rebounding from the 50 Fibonacci level and the 50 moving average line and rebounding from the order block area.

AMA4FX

Now the price will head down after breaking the ascending trend line strongly and retesting the yellow zone

AMA4FX

The time to buy is after the breakout of the downtrend line and we will wait for a retest of the uptrend line to buy

AMA4FX

We will wait for the price to reach the resistance area and the 60 Fibonacci level to sell again

AMA4FX

We will wait for the decline and touch the golden Fibonacci area, the high volume, and the ascending trend line to buy with a first goal, as shown in the picture, and a second, distant goal.

AMA4FX

As is clear on the chart, there is a penny harmonic pattern at a display area, and also on the Relative Strength Index there is a regular divergence. With the market opening we will enter direct selling

AMA4FX

We may see this scenario and a rebound from the rising trend line and the resistance area, but it is better to follow the small time frames as well to confirm the purchase.

AMA4FX

If the price falls to the specified area, we can buy again

AMA4FX

The rising trend line and resistance level have been broken, and we will wait for a candle to close below the level to confirm the sale