Mahtab_Tradia

Mahtab_Tradia

After a significant big drop, GBPUSD was held by the weekly support level (yellow colour) and was pushed to the upside. In the daily time frame we can see that the yesterday’s candle was a strong bullish one, and today’s candle has been opened above the yesterday’s one. Currently, price is facing an upside pressure in 4H time frame as well. There is a resistance...

Mahtab_Tradia

EUR is very weak and GBP is very strong this week among other assets, and as you see in the 1H time frame, price has started a sharp downside move and has made a lower low. Currently, price has approached to the support level at 0.8573 and has been pushed to the upside. There is a probability of some retrace and rest for price and then a continuation to the...

Mahtab_Tradia

As you see in the 1H time frame, price has been pushed to the upside after touching the yellow support area. Currently, price is facing a strong bullish pressure has made a higher high and broke the resistance level. Wait for some retracement in lower time frames like m15 and then we can expect a good rise to the next resistance level at 162.400 What is your...

Mahtab_Tradia Updated 

As I expected in my previous analysis of XAUUSD, price had a rise after touching the daily support level and grew to 1711 and 1717, but it failed to break 1717.50 resistance level and got rejected. Currently, price has made a lower high and is facing bearish pressure. There is a support level at 1707.65 which has hold the price for now. We should wait to see if...

Mahtab_Tradia

After a significant big drop, price approached to the daily support level and was pushed to the upside. Currently, in the daily time frame, we can see a bullish candle for today with an upside pressure, but the main trend and the price structure are obviously still bearish. For now, we should wait to see if the daily support level will hold and push the price to...

Mahtab_Tradia

As it’s shown in the daily time frame, we have a strong downtrend which has started to drop again after a correction. Price started to drop sharply after breaking the correction ascending trend line and has been fixed below it. Currently, we expect more drop on BTC towards the next support level around 18800 and in the case of a downside breakout on this level,...

Mahtab_Tradia

We can see the main trend is bearish and after a significant drop, price has started to retrace in the form of an ascending parallel channel in 1H time frame. Currently, price is bouncing in the 1H parallel channel and doesn’t face enough downside push. We should wait for the downside breakout on the channel and if price closed a bearish candle below this...

Mahtab_Tradia

As you see in the 4H time frame, GBPUSD is in a downtrend and is making lower lows and lower highs. Currently, price has broken the yellow support level and is trying to make a new lower low, but we should wait for the current 4H candle closure first to see if price can be closed below the yellow support level or not. If price closed the bearish candle below the...

Mahtab_Tradia

In the 4H time frame, we can see a strong downtrend which has started to retrace in the form of an ascending triangle. Price has been moving sideways in the triangle for a long time. If we take a deeper look at the last structure of price, we can see that it could not reach the upper level of the triangle in its last upside move. Moreover, the previous trend was...

Mahtab_Tradia

We have seen a significant drop on XAUUSD in the past few weeks to 1720 which was very close to my expectation in my previous analysis of gold, a drop to 1715. But, currently, we can see a bullish pressure and a higher low structure in the 1H time frame. If we take a look at the last movement of price, it had a strong upside move and then a weak downside...

Mahtab_Tradia

As you see in the 1H time frame, after a significant rise, price could not make higher highs and started to drop. Currently, price has broken the support level at 1.2990 and is making a lower low. We can see there is a strong bearish pressure and if this current 1 H candle will be closed below the yellow support level, I expect a continuation on downside move to 1.29

Mahtab_Tradia Updated 

XAUUSD had a significant drop in the past few days and price is still decreasing. Currently, we can see that the red support area has been broken in the 4H time frame and price has closed a bearish candle below this zone. In the Daily chart we can see a bearish structure and pressure in the candles. I expect a drop continuation on XAUUSD towards the next support...

Mahtab_Tradia

As you see in the 4H time frame, price has started a strong bullish move, but it is approaching to the red resistance area which has pushed the price to the downside for several times in the past. Since, price has made a higher low and we can see strong bullish candles with a good potential to rise, there is a chance for an upside breakout on the resistance zone...

Mahtab_Tradia

Although US Dollar Index had a good growth last week, it is still in a downtrend. If we take a look at the price structure, we can see that the number of bearish candles is much less than the bullish ones, which means that the bearish pressure is more than the bullish pressure. Currently, price has been rejected from the red resistance zone and it seems like it...

Mahtab_Tradia

As you see in the 4H time frame, after a significant drop, price entered to a consolidation area in the form of a rectangle pattern. Currently, the rectangle pattern has been broken to the upside and a strong 4H bullish candle has been closed above it. The current candle has broken the previous candle’s high and that’s where I entered a buy position. I expect a...

Mahtab_Tradia

As you see in the 4H chart, XAUUSD was moving in an ascending parallel channel and after rising to 1807 which was the highest price for it in the past few days, price could not grow more and failed to reach the the channel’s upper band in its last upside move and dropped sharply. Currently, we can see the downside pressure on price and it is trying to break the...

Mahtab_Tradia

As you see in the 4H timeframe, GJ has been rejected from the red resistance zone for several times and currently, it is facing a strong bearish pressure and pushing to the downside. The main trend is a downtrend, and price has started to drop after an upside retrace. The first target for GJ is the last low at 161.300 which is almost 50 pips, and in the case of...

Mahtab_Tradia

After a good significant growth, price has started to do some rest in the form of a descending parallel channel which also part of the bullish flag. Currently, price is still in the channel and we should wait for the upside breakout first, then after candle closure above the structure, we can expect a continuation on price growth to the next resistance level around 0.7043