h-manzalawy

h-manzalawy

It's just starting a downtrend inside a big Correction Major Res. @ 114,000 Major Support @ 43,000 My decision is to go short @ spot price / Take profits @ 73,000 - 43,000 / Stoploss @ 114,000 - 116,000 This recommendation is to 3 - 6 months investors.

h-manzalawy Updated 

EUR-USD is trading near the lower boundary of a sideway ranging between (1.1720 - 1.1900), which means that change in hands is taking place to be in the bull's side. Bollinger Bands showing that prices are hitting its lower boundary, which tends to go to the upside while its in a sideway. MACD is showing strengthening to the upside. Stochastic Oscillator is in...

h-manzalawy

Aussie was in a daily Downtrend started from 0.8000 at tops, made the first obvious bottom @ 0.7140, then a higher low @ 0.7235, which is confirmed by a Weekly doji after a down-move. It should have finished Elliott's corrective A wave and its in the weekly Corrective B wave after an up-trend, which should be bullish targeting (0.7800 - 0 8000)...

h-manzalawy Updated 

My analysis showing that gold is in a Down-trend since Aug. 2020 and about to finish its Elliott's corrective wave C targeting (1,680 - 1,500). Stochastic showing downtrend strengthening and continuation. Recommendation: Medium-term Investors (1-3 Months) Seek for Selling opportunities Stop loss @ 1,791.00 TP for 1st position @ 1,692.00 TP for 2nd position @...

h-manzalawy

Oil price is in Elliott's B corrective wave, would not break Elliott's 5th wave at 77, should go to the downside hitting min. 62, Target for Elliott's C corrective wave is (52-42). While MACD has made a negative divergence, which showing change in hands should take place between bulls to bears. Bollinger Bands showing that the price is becoming weaker than...