rabihfx

rabihfx

GBPJPY is tradind inside an ascending channel i think it will continue up to test the upper channel arround 193.00 try to have an entry at 189.75 or direct market entry for medium risk check the chart notes for details

rabihfx

Gold has reached all times high at 2631.2 Gold is forming head and shoulders pattern Head is at 2631 Left sholder is done Neck is at 2617 Now the right shoulder will be forming with a limit at 2628 ( sell limit at this price )

rabihfx

sell gold @ 2084 with stop loss @ 2090 as double top dtectected with target 2070 you will have first target 184 pips from acutal price

rabihfx

Gbpjpt is under correction area we have to watch 38% fibo but i think it will reach 50% fibo where im waiting a sell arrount 50% fibo sell limit suggestion at 38% and 50% fibo with max stop loss of 40 pips

rabihfx

hello dear traders gold is expected to retest symestrical triangle arround 2025 then continue down so i suggest to place your sell limit orders arround 2024-2025 use only 2% of your capital per trade we are in the last month of the year where big movers search for their take profits and buy safe heaven assets as gold

rabihfx

Gold formed head and shoulders pattern on H4 and have broken the neckline and back again gold is ranging now at the right shoulder between support of 1969 and 2011-2014 depending on the news coming yesterday from usa about first republic bank we cannot confirm yet the next move whats my expctation : SMA 200 is making resistance now at 2000$ it may visit...

rabihfx

hello trders gbpchf is supported by a trend line and its hoding right now above the SMA 200 and above the kumo on h4 wich is a signal to go bullish

rabihfx

hello guys last week was amazing day Gold has finished it's down trend technically new support for me 1751 waiting a retrace to it then fly again the current trend is up and im confident that 1807-1810 is next target to gold then 1834 lets go long

rabihfx Updated 

Dowjones clear double bottom pattern on H4 neckline broken waiting correction to the neck then go long for swing trade

rabihfx

The yellow metal is shining i see a trend change on daily with bullish breakout next target 1729 -1807

rabihfx

i can see potential cup and handle pattern that tell the seller its enough buyer will be in control i; looking to test SMA200 on h4 at 1682

rabihfx Updated 

h1 chart i think gold is forming double top pattern and is ready for down side check the chart

rabihfx

what about eurusd ? my opinion with this way down it still bullish on h4 the pair is trading above the cloud of ichimoku on H4 if we draw fibonacci of last move we can see price is now @ 38% price could reject now at this level an entry is possible if stochastic go up entry confirmed but i expect a litle more drop to make 50% correction on fibo im waiting...

rabihfx

gbpjpy broke the sell zone and it will continue up check the chart

rabihfx

GBNZD and other GBP Pair lost the most of its value last monday and retrieved its loss very quickly GBPNZD moved down to 1.8133 then wen to 1.9968 thats about1800 pips Non stop loss users know now the important of stop loss feature never open a trade without stop loss never now after this big mevement gbpnzd is out of its range and at the moment we will...

rabihfx

its clear inverted Head and shoulders pattern on GBPCHF neckline has been broken and going up new comer entry price set buy stop @ 1.1050 even buy now not a problem technical target for take profit 1 is 1.1115

rabihfx

Nasdaq still in short wave i expect a small correction to the zone on the chart then a sell off toward 10785

rabihfx Updated 

nasdaq wait the resell zone on chart or sell below the green line sell limit at 12100 sell stop at 11985 Target 11500 and 11400 stop 12200 closing below 11400 we can reach 10980