MRjamalbouskou

MRjamalbouskou

We can see on the weekly time frame that the price is inside a price channel, and previously it was rejected from the upper line by forming a double top, and we have a bearish engulfing formed two weeks ago which confirms that the price will go down to the lower line of the channel.

MRjamalbouskou

The price is in the critical area it may break to the upside or the downside but keep an eye

MRjamalbouskou

We notice that the price is respecting a bullish price channel that we are approaching its end with the fifth touch of the price, And A bearish engulfing candle is forming now means the price will break the channel dropping further.

MRjamalbouskou

After the previous rally, we can see the emergence of an important pattern, which is the pennant pattern, which means that the price will continue to rise, we can buy when we see a false breakout or a confirmation.

MRjamalbouskou

We can see that in the past, the price broke the black trend line and after that, a head and shoulder reversal pattern was formed, which means that the breakout movement was fake, so we can expect the price to drop further to the green box of the next support.

MRjamalbouskou

We can see that the price has broken the trend line, but now it seems that it was a fake movement with the appearance of a continuation pattern and it is a symmetrical triangle after a rise in the price, which means that the price will continue rising to return above this ascending trend line.

MRjamalbouskou

We can see that the price broke an important trend line and then bounced from a support area, now it goes to retest with a double bottom pattern that just broke so it is a buying opportunity but the big move will be when the price makes its third touch with the blue bearish trend line

MRjamalbouskou

We can see the triangle pattern in the chart, the uptrend line has been touched three times now, and twice for the downtrend line means that the price has a higher probability of breaking the uptrend line. Also, the price bounced from an important support area, so the best position to buy is to wait for the third touch with the downtrend line and enter your trade,...

MRjamalbouskou

We can see in the chart that the price was respecting the two black bullish trend lines, and recently the price broke through the upper line and went to the lower line by creating two descending trend lines, and creating a reversal pattern head and shoulders, now we see a Doji candle with a lower low than the previous candle that means that price has broken the...

MRjamalbouskou

We can see that the price reached for the second time an important trend line that was broken in 2012 And also to the Resistance box, creating another strong uptrend line, a bearish engulfing candle has been formed broked the Red box still now, in my opinion, if its finishes like that then it will be a high chance for selling, If also you can see a Reversal...

MRjamalbouskou

We can see in SPY a flag pattern in the weekly chart , and now the price is going for his third touch with the bearish trendline in there we can expect a high chance of selling , So we will wait for the price to get there And also to the resistance box.

MRjamalbouskou

The Price Is in important level and it seems like it broke the blue trendline , and the price create three bearish trendline Buy opportunities > if the price break two bearish trendline , Buy Cause it will go for the third one> if The price keep falling and touch the black trendline or the support Box , Great Signal for Buy .

MRjamalbouskou

we have seen in the past that the Price create a reversal pattern and now we see that it broke an important bullish trendline and create a two bearish trendline , highly chance that the price will drop to the support box to touch the following trendline then we will consider buy chance , but if the price in the future break the two bearish trendline then its great...

MRjamalbouskou

In the past, the price broke an important trend line, creating a downtrend line, so now we are looking for selling opportunities , but if the price in the future break the two blue bearish trendline then we can consider the buy opportunities

MRjamalbouskou

The price is in a support area and an important trend line , We noticed a large red candle with a high trading volume , and this indicated that the sellers are nearing the end and the buyers are ready to enter, If the price breaks the two blue bearish trendlines , this is a confirmation of the bullishness means the price will rise.

MRjamalbouskou

The price is in a support area and an important trend line, We noticed a large red candle with a high trading volume, and this indicated that the sellers are nearing the end and the buyers are ready to enter, If the price breaks the two bearish trendlines, this is a confirmation of the bullishness means the price will rise.

MRjamalbouskou

We have seen that the price has created a reversal pattern, so it will go down, but now at the fifth touch with the blue trend line, we can expect that the price will break the trend and re-teste and then drop to the support box.

MRjamalbouskou

We have seen that the price is creating a reversal pattern, so it will go down now especially when the price broke the blue trendline, we can expect that the price will reteste and then drop to the black trendline.