Adam_hazouri

Adam_hazouri Updated 

Head&Shoulder pattern is forming on the hourly time frame. If the price breakout the neckline "113.510" and closes under it, it is a good selling opportunity.

Adam_hazouri Updated 

Inverted Head&Shoulder on the Hourly Time frame, the price closed above the neckline.

Adam_hazouri Updated 

The price is trying to break out upwards the resistance weekly trend line. On the 4 hours time frame, the price is forming a Head&Shoulder pattern. the price likely is going to reverse. It is a good level to go short with very good risk/reward ratio.

Adam_hazouri

On the 4 hours time frame, ascending triangle pattern formed. The price broke out upwards and closed.

Adam_hazouri Updated 

The price hit the daily tend line and bounce down. On the daily chart a doji candle formed and it gives a sign for reverse. On the other hand, if we looked at the dollar index, we can see that the USD is getting back strength.

Adam_hazouri Updated 

Last week the price break up the upper trend line of the falling wedge. But because of the Brexit news the price went back to trade under the trend line. A doji candlestick formed on the daily chart. So it is a good sign to go short.

Adam_hazouri Updated 

The USD is still weak and the price is above a support area. The price is likely going to break down trying to reach the down trend of the descending channel.

Adam_hazouri Updated 

Double top pattern formed, the price closed under the neckline.

Adam_hazouri Updated 

GBPUSD is still in the ascending channel, it reached the upper trend, and now it is in the correction.

Adam_hazouri Updated 

The Head and Shoulder pattern formed .... The right shoulder is higher than the left shoulder which gives more chances that the pattern is valid. Anyway we should til a close above the neckline and the upper trend of the falling wedge.

Adam_hazouri Updated 

Although the weakness of USD at the moment .... it seems that the CHF is more weak. The false breakout of the broadening wedge, and the price went back to trade into its lines. The inverted Head & Shoulder and break of the neckline. I think it is a good opportunity to go long with good profit/risk ratio.

Adam_hazouri Updated 

USDCAD Broke an Uptrend and Trading back in the Downtrend Channel.

Adam_hazouri Updated 

The price breakout the neckline of the Inverted Head & Shoulder.

Adam_hazouri Updated 

The price still trade in the uptrend channel ... I expect that the price will breakout the upper trend of the broadening wedge.

Adam_hazouri Updated 

the price still trade in the uptrend channel ... I expect that the price will breakout the upper trend of the broadening wedge.

Adam_hazouri Updated 

Although the USD is weak at the moment but the price is still trading in the ascending channel. I think the price is going towards the upper trend line of the channel.

Adam_hazouri Updated 

The price broke the lower trend line of the broadening wedge and retested it.