Mahtab_Tradia

Mahtab_Tradia Updated 

XAUUSD is facing a strong downside pressure these days and as you see in the daily time frame, price has made a lower high. Currently, price is approaching to the yellow support zone around 1890-1888 which has pushed it to the upside in the past. But, since we are facing a bearish pressure and we have a downside structure, there is a high probability of the...

Mahtab_Tradia

As you see in the 4H time frame, USDJPY has been moving in a strong uptrend for a while and broke the prior highs since Jun 2015. After an upside move, price started a correction phase and rest. It has approached to the yellow support zone and pushed to the upside. Currently, price is moving sideways inside the triangle pattern. But we can see there is an upside...

Mahtab_Tradia

We have seen a significant sharp drop on XAUUSD right now. Price is in a strong downtrend. Currently, price is approaching to the support level at 1915 which has pushed the price to the upside in the past. Price is facing a bearish pressure and If it breaks 1915 and closes a bearish 4H candle below this level, I expect a drop on XAUUSD towards the next major...

Mahtab_Tradia

As you see in the 4H time frame, GJ has been moving in an uptrend for a long time and is still bullish. Currently, price is pushing to the downside and has made a lower high. It is also approaching to the yellow support level. Since we still don’t know if price is retracing or reversing, we should wait for a breakout on the support or resistance level...

Mahtab_Tradia

After a sharp drop, price reached to the yellow support level around 0.67 and was pushed to the upside. Currently, price has been rejected from the red resistance level around 0.6765 and is moving sideways between the support and resistance levels. Since, price is in a downtrend, if it breaks the yellow support level at 0.67, I expect a drop around 0.6660 On...

Mahtab_Tradia Updated 

We have seen a significant growth on XAUUSD in the past few weeks. Price grew to 1998 which is very close to the strong resistance and supply zone at $2000. Currently, we can see the strong bearish push from the resistance level. The ascending trend line has been broken and price has broken the last low either. If the current 4H candle pass the low of the...

Mahtab_Tradia

After a sharp significant drop, we can see the weakness of bears and strength of bullish moves. Currently, the descending corrective trend line has been broken out to the upside with a large bullish candle and price has been fixed above it. But, there is a resistance zone around 41400 which has pushed the price to the downside. If price breaks this resistance...

Mahtab_Tradia

As it’s clear on the chart, US dollar index has mad higher highs and broken out the resistance levels. Price is in a strong uptrend. Currently, Price is facing a strong bullish pressure and currently, has broken the bullish pennant pattern to the upside and closed a bullish 4H candle above the pattern. I expect a rise on DXY around 101.600 which is as the same...

Mahtab_Tradia

Price is bouncing in a descending parallel channel in the 4H time frame and has formed a bearish structure. Currently, as you see on the chart, price is approaching to the yellow support zone around 1.2990 which has pushed the price to the upside for several times in the past. Since the price structure is bearish and it is in a downtrend, I expect a drop on...

Mahtab_Tradia

As you see in the 4H time frame, price was in an uptrend and then has entered to the bearish correction phase to retrace the previous uptrend. Currently, we can see the bullish pressure and an upside push from the yellow support level, but price is still bouncing below a descending trend line. If price breaks the descending trend line and closes a bullish 4H...

Mahtab_Tradia

As you see in the 4H chart, price has made a reversal double top pattern after an upside retrace move. Currently, the downside breakout on the pattern’s neckline has occurred, but price has approached to the yellow support zone and we should wait to see if it can break it or not. Since we are facing a strong bearish pressure, if price breaks the yellow support...

Mahtab_Tradia

As you see in the 4H time frame, price is in an uptrend and facing a bullish pressure. Currently, price has made a continuation bullish flag pattern and has broken the pattern but hasn’t been fixed and closed outside the pattern yet. If price closes a bullish 4H candle above the flag and also breaks the resistance point around 163.630, I expect a rise on GJ...

Mahtab_Tradia Updated 

As we saw today, price broke the resistance at 1950 and grew towards1969 which is also a resistance level and pushed the price to the downside after touching it. If we take a look at the price structure, we can see the formation of higher highs and higher lows which indicates the bullish pressure. If price breaks the resistance level at 1970 and closes a bullish...

Mahtab_Tradia

As you see in the 4H time frame, we are facing a strong downtrend and bearish pressure. Currently, price is in a correction phase and is bouncing between support and resistance levels. There is a strong support zone (yellow colour) around 1.84 which has pushed the price to the upside in the past, and price is approaching to this zone right now: If price breaks...

Mahtab_Tradia

As you see in the 4H time frame, there was a sharp downside move and after that price started a correction phase and made a reversal H&S pattern with making a higher low. Currently, we can see bullish pressure, but on the other side, price has approached to the red resistance zone around 1950, which has pushed the price to the downside for several times in the...

Mahtab_Tradia

Although price is in an uptrend and is bouncing on the ascending trend line, we can see bearish strong candles formations which indicate downside signals. Currently, price is facing bearish pressure and has made a bearish reversal pattern. There is a yellow support level around 6.100, and if price breaks this level, I expect a drop at least to retest the trend...

Mahtab_Tradia

As you see in the 4H time frame, the ascending parallel channel was broken to the downside and price has closed a bearish 4H candle below the channel. Currently, price is facing a strong downside pressure. If price pulls back to the broken channel, there would be a good opportunity to sell. I expect more drop on NZDUSD around green levels which are the support...

Mahtab_Tradia

As you see in the 4H time frame, there is a downtrend and price is bouncing in the sideways zone between SR levels after a big drop. Currently price is in the congestion area and has been rejected from the red resistance level and was pushed to the downside. Since we are in a bearish trend, if price breaks the yellow support level and closes a bearish 4H candle...