As you see in the 4H time frame, after a sharp drop, price started to retrace and rest for a while. Currently, it is bouncing in a yellow sideways zone in the form of a rectangle pattern. We can see the bearish pressure pushing the price to the downside. If price breaks the sideways zone to the downside and closes a bearish candle below this area, I expect a...
We can see a sharp bearish trend in the 4H time frame, with lower lows and lower highs structure. Currently, price is retracing the downside move and is bouncing on the ascending correction trend line. If price breaks the trend line to the downside and closes a bearish 4H candle below the line, I expect more drop on USDCHF around green levels which are next...
As you see on the 4H time frame, after a downside move, price has made a higher low and is moving upwards. There is a resistance level around 1.31600 which has pushed the price to the downside for several times in the past. If price breaks the red resistance level to the upside and closes a bullish 4H candle above this level, I expect a rise on GBPUSD towards...
After a significant drop and a downside move, price approached to the yellow support zone and was pushed to the upside. Currently, we can see there is more bullish pressure and price is making a bullish reversal H&S pattern. If price breaks the red resistance level at 1.2542 and closes a bullish 4H candle above this level, I expect a rise to 1.2590 which is a...
After a significant growth, price approached to the resistance level and was pushed to the downside. Currently, price is facing a downside pressure but is bouncing in a sideways zone between SR levels. On the other hand, we can see a bearish reversal double top pattern creation. Price is approaching to the yellow support level around 0.7470, and we should wait...
The ascending trend line is broken to the downside and price has been fixed below the line. Same as GJ, price approached to the yellow support level at 121.470, but because it is facing a bearish pressure: We can expect a push to the upside and a pull back to the trend line, then if price got rejected and broke the support level at 121.470, in the case of a 4H...
As you see in the 4H time frame, price was bouncing on the ascending trend line in a bullish trend, but it has broken the trend line to the downside and has closed bearish candles below the line. Currently, price has approached the yellow support level at 160.00 which is a round number and is pushing to the upside after touching it. If price pulls back to the...
The descending trend line was broken out to the upside and price has closed bullish strong 4H candles above the line. There is a resistance zone around 0.9360 which has pushed the price to the downside for several times in the past, and currently price is pushing to the downside after retesting it. Since price is facing a bullish pressure and is trying to break...
As you see in the 4H time frame, price has broken the yellow support level and has closed bearish candles below this level. If we take a look at the price structure, we can see the downtrend with lower lows and lower highs. Currently, there is more downside pressure and it seems like price is about to retrace and pull back to the yellow broken level. If price...
The triangle pattern in the 4H pattern has been broken out to the upside and price has been closed bullish candles above the pattern. Currently, price is facing a strong bullish pressure and is about to test the next major high around 99.400 If price retests 99.400 and retraces a little bit after that, in the case of an upside breakout on 99.400, the next target...
Price is bouncing in the ascending parallel channel as a correction and retrace, and as you see in the 4H chart, it was rejected from the channel’s upper side. Currently, we can see a strong bearish push on price. The main trend is bearish and price is in the correction phase. There is a support level at 1940, and if price breaks this level, I expect a fall...
As you see in the 4H chart, the descending trend line was broken to the upside and price has made a double bottom pattern. Currently, price has reached to the red resistance zone and is struggling to break it. If price breaks the red resistance zone and closes a bullish 4H candle above this area, I expect a rise on EURUSD towards the next major high around...
After a growth we saw on ETHUSDT, price has reached to the resistance zone. Currently, price is bouncing in a rising wedge pattern. As you know, rising wedges often tends to breakout to the downside. Since price is at the resistance barrier and also has made a reversal pattern, we can expect a drop: If the wedge pattern broken out to the downside and there was...
After a big significant growth, price has been rejected and pushed to the downside from a daily supply zone. Currently, in the 4H time frame, price is facing a bearish pressure. Moreover, there is a negative regular divergence between MACD and price peaks: Although price has made a higher high, MACD has made a lower high, which indicates a bearish reversal in...
Price has started a bearish move with making a lower low and lower high. As you see in the 4H time frame, price was rejected from the red resistance zone and failed to break the last high and was pushed to the downside. Currently, price is bouncing on the ascending trend line as a retrace move: If price breaks the trend line and closes a bearish candle below...
Price is bouncing in a descending triangle pattern after a significant growth. Currently, we are facing a bearish pressure and price is rejected from the triangle’s upper side. If price breaks the yellow support level and closes a bearish 4H candle below this level, I expect more drop on DXY towards the triangle lower side around 97.800
As we saw last week, XAUUSD dropped significantly after the big growth. Currently, price is making an ascending parallel channel with two touches on the lower band and one touch on the upper side (it need the second touch on the upper level to make channel valid) We can see an upside push and rejection from the trend line: If price breaks the red resistance...
After a significant rise as a result of war, price has approached to the resistance level at 5.000 which has pushed the price for several times in the past. Currently, price is bouncing between the red resistance level at 5.000 and the yellow support zone around 4.800 which is a sideways area. We should wait for the breakout on the resistance or support level...