karim-alpan

karim-alpan

Two simple trend lines, 200 ema indicating downward potential on XAUUSD. Reaching it's 4h support, the extended trend line is no where to be seen. The Dynamic trendline is being respected massively, if price pushes below this yellow line we're going to see a retest and then an impulse downwards to the next key area

karim-alpan

Price broke tl, created resistance, broke resistance rose to meet the double top should see a fall :)

karim-alpan

White TL = Overall trend line Black TL = Dynamic trend line Price was pushing down, broke the trend line, held at the support rejected the support then pushed up wards. My aim is @ 1.12397

karim-alpan

Confluence 1: Formation of LH's Confluence 2: Downtrend Confluence 3: 200ema pointing down

karim-alpan

Price seems to have fallen really hard, again with this analysis nothing is 100% certain due to fundamentals being a key decider of which way the markets are going at the moment. I can clearly see a down trend at the moment, one thing that really interested me is that price has broke back into it's mean value area, where it previously consolidating and struggled...

karim-alpan

Messy Graph, I won't be taking this trade due to price previously bouncing off of this strong support area. I do believe that due to fundamentals we will see a further drop. The markets are very unclear at this point in time and mainly everything is being controlled by the spread of the Corona Virus, for my ideal short set up, this is what I would like to see....

karim-alpan

Price moved down for a long period of time before a trend break happened. Price returned to the structure to validate a break and retest to indicate a buy. Price broke through a major area of resistance, for our strategy to work, price must come back to the old resistance/new support zone, or push deeper down to the trend line before resuming upwards momentum,...

karim-alpan

The graph is messy but to clarify the confluences what we see is: Price is clearly moving down, it's also respecting the trend line creating structure lows the reason why price doesn't need to respect the structure low/dynamic resistance is because the trend line in itself is some form of resistance for price action. what i'm seeing is a clear break and retest...

karim-alpan

The graph is messy but to clarify the confluences what we see is: Price is clearly moving down, it's also respecting the trend line creating structure lows the reason why price doesn't need to respect the structure low/dynamic resistance is because the trend line in itself is some form of resistance for price action. what i'm seeing is a clear break and retest...

karim-alpan

So now the retracement to structure has happened, the yellow arrow, is my new designated trend line that i believe price will follow for the time being. for a buy i'd expect price to create a new high but until then my bias is sell

karim-alpan

Retracement back to the trend line or the previous structure low and a drop

karim-alpan

BUY BIAS

karim-alpan

At the moment in time, price is in consolidation phase, given the confluence of a break of the trend line on the 1D i think this consolidation is nothing more than a break, hold, retest and away we go on a SELL tp1 = 77 pips at (119.43) tp2 = 195 pips at (118.29)

karim-alpan

Possible sell entry! Daily Resistance - 9536.43. I personally don't think price will break above this. Price has broken the 4h trend line after previously respecting it several times. I'm expecting price to come back to the VERY top (roughly 9506.77) to confirm a double top OR price to retest the broken structure level at (roughly 9422.37) and show confirmation...

karim-alpan

FOR A BUY = Break above 1585-1586 and hold WITH a retest of structure or formation of a new structure high. Lower time frames for confirmation of this after the clear breakthrough FOR A SELL = Price has hugely rejected a major area in the market, this dynamic resistance is proving to strong to be able to breakthrough the structure and hold. Because of this i...

karim-alpan

Here i am SELL biased. Price has been following the 4h trend line accordingly and respecting on each occasion. It has created a new structure low, I'm expecting either a pull back to the previous low OR an even further pull back to tap the trend line again. Before resuming the downward continuation.

karim-alpan

EURPY

karim-alpan

Overall trend patern broken. Possible continuation of the down trend movement, will settle for 80+ pips.