Mohsen_Abbassi

Mohsen_Abbassi

Salaam Here is a good setup I think. Break the trendline, waiting for a pullback. or Stochastics indicator Overbought. There is a good risk-reward ratio. I also place a long order now till pullback, you could also try it. good luck

Mohsen_Abbassi Updated 

Salaam In daily, The price breaks the descending channel but it has not enough power even to complete the double bottom pattern and again return from Fibonacci 23. So waiting for a pullback in the H1 timeframe. I use 2% risk. good luck

Mohsen_Abbassi

Salaam It's a good opportunity if price react to the trend line. Place the order after confirmation.

Mohsen_Abbassi

Salaam It seems the uptrend have enough power to complete the double bottom pattern. It sounds simple trade but should wait for market's reaction! Good luck

Mohsen_Abbassi Updated 

Salaam The trendline in the H4 chart. Now the price is near Fibo 62, waiting for price action if it could break the level or not. I'll update. good luck

Mohsen_Abbassi Updated 

Salaam The trendline in the daily chart. Now you could place an order but for a better risk-reward ratio, you should wait some more days and let the price go up to near Fibo 68. The trigger would be a pullback to the trendline after breaking it. good luck

Mohsen_Abbassi Updated 

Salaam I think it's a good opportunity. In the daily timeframe: A pullback to the trend line. Overbought in the Stochastic oscillator. Divergence Fibo 68 AB = CD pattern Good risk-reward ratio good luck!

Mohsen_Abbassi Updated 

Salaam Thanks to the Spgian The price is in a range and there is resistance in the daily timeframe that the price reacts to it several times. There is also a reversal daily candle. Overbought in the stochastic oscillator also seen. good luck

Mohsen_Abbassi

Salaam Waiting for confirmation for the direction of trade regarding the price action at the zone. I'll add more description later.

Mohsen_Abbassi

Salaam There is a trend line in the H1 timeframe and the price may back. Also, there is a divergence in the MACD indicator, oversold in RSI. Good luck

Mohsen_Abbassi Updated 

Salaam Thanks to LCFXpro , There are good support line, Divergence in MACD, Stochastic indicator. Because of good risk-reward ratio, I go for Buy now but you could wait till the Stochastic indicator break its trend line. good luck

Mohsen_Abbassi Updated 

Salaam H4 After a long bearish course, the price should rest for a while. The support line may be a good spot to return. Also, there is Hidden Divergence in the daily chart with the MACD indicator. The trigger to enter the trade is breaking the trend line. (Regarding to the much bearish force, the return amount couldn't be too much!) good luck

Mohsen_Abbassi

Salaam Triangle Trendline

Mohsen_Abbassi

Salaam The price break the support line. Get into a short trade after pullback may be a good idea. good luck

Mohsen_Abbassi Updated 

Salaam in H4 timeframe: the price breaks the trend line and waiting for a pullback. the trigger is when the price will go higher than the last high point. Also, there is a divergence in MACD in the daily timeframe. The target is 0.62 Fibo. However, please note that the price is on the daily descending channel. good luck

Mohsen_Abbassi

Salaam H1 Descending trendline Daily divergence in MACD. Do as in chart or wait for break trendline and pull back. The entry point in this case 1456.33. good luck

Mohsen_Abbassi

Salaam Descending channel and the price is at the top of the channel. also price break the trend line, waiting for pullback. good luck

Mohsen_Abbassi Updated 

Salaam Hi all Daily timeframe Descending channel resistance Double top maybe form. stochastic divergence. despite this, many believe that now is a long time for the pair