malhibi

malhibi

It's in rounding bottom and broke downtrend channel

malhibi

Generally it in Bearish downtrend: 1-Broked daily trend 2-Broked triangle pattern 3-Having a daily liquidity should be taken Profit 0.92129 Stop loss 0.93920

malhibi

In general the price in uptrend, in short time it will correction to 1.7932 which is OB then retracement because it rebound two times from current resistance and didn't brook previous high. Yo can sell from current price and stop loss 1.80879 Keep on mind if hit stop loss and then return and close under resistance sell it again with same stop loss.

malhibi

My 2 reasons: -Dubell bottoms (butterfly patterns) - Brook the downtrade channal befor touch the lowe channal side it's mean the power for buyers

malhibi

My 3 reasons to expect bearish: -Tweezer top pattern on daily which is strong pattern, -It's rebound from OB area also on daily -It's rebound from previous resistance Technically all condition is available to support bearish but the dollar index is still bullish. If index not close over 103.36 this will support my idea.

malhibi

USDCHF pullback to 1H order block to continuing upward after consolidation , target next resistance. Also RSI support upward because it above 70

malhibi

EURUSD in retracement mode to FVG to start bearish to daily order block to complete harmonic pattern .

malhibi

My 4 reasons for the Idea : 1- The price already in uptrend 2- Bounced from strong support area 3- Create double bottom pattern 4- On 4H there was a liquidity that should be take, so the price should revisit that area

malhibi

My 4 reasons (Always are 3 but today 4): 1- It's in uptrend 2- Return from strong support area wich was a strong resistance 3-return from Order block 4-Previous liquidity should take it

malhibi

My Reasons to confirm this: -RSI trend 4H brooked and retest so the inner trend of the price will brook soon . -Price rejected 4 time from resistance -We are in bullish channel which already price rejected from it's upper level.

malhibi Updated 

Reasons of Idea: CADCHF bullish -It broke the trend, retested it and move up, -Triple bottom -The RSI not touch level 70, so it's not on oversold. After get profit will monitor RSI if it broke level 70 we can expect profit 2

malhibi

It's in bullish mode because: -Brook down trend -Liquidity taken -Dos not touch the lower channel line

malhibi

Pair will have opportunities to be in uptrend because: -Have daily liquidity have been taken -Have 4H liquidity have been taken - RSI down trend has BEEN BROKEN (It's mean the price trend will broke) Buy now and take profit at the next Resistance

malhibi

Regarding to my previous post The pair moved to expected direction and you can re enter in area between 1.49899 and 1.49830 .

malhibi

The pair have a strong bullish opportunity Because of : 1- Price rejected from FVG 2- Price range in flag patterns 3- shark Harmonic pattern So you can enter it now and use risk management for SL.

malhibi

In higher frame the pair is bullish . Buy limit at price 1.49322 where the liquidity has been taken. TP: 1.50543 where high liquidity. SL: 1.49101 where previous low liquidity

malhibi

Head and shoulders pattern

malhibi

GBPJPY continue to complete head and shoulder patterns to approach 140.36