abdelmahdilahrach1

abdelmahdilahrach1

price found rejection when he touch the down trendline, usdchf price respect the 50EMA at 4 hours and respect 20EMA at daily timeframe, RSI line touch the 70 and shows an oversold to sell, so i see an opportunity to sell

abdelmahdilahrach1

price found a rejection when he touch support level between 0.77148 and 0.76780 for the 9th time , RSI line touch 30 and shows an overbought to buy

abdelmahdilahrach1

we see a higher lows to a resistance level with a respectation to the 50 EMA and this confirm that the price will continue higher break's the resistance and research for the second resistance level

abdelmahdilahrach1

wi need to wait until price touch the uptrend line and the 50 EMA for 5th time (because the 50 EMA play's as a support to the price) and find price rejection at this level after that i see a opportunity to buy and go long

abdelmahdilahrach1

after GBPUSD price penetrate resistance area at 1.40050 and with a clean move (MACD histogram shows strong momentum) price re-test the previous resistance and turned support and shows a bullish price rejection at this support level with a support of 50EMA to the price

abdelmahdilahrach1

after the price touch an up trend and found a price rejection at this level price will go up again the 5th time and 200EMA act like a support to the price

abdelmahdilahrach1

with a clean move to resistance area price found a rejection at this level and RSI show us an oversold

abdelmahdilahrach1

after the price break resistance level and re-test with a price rejection occur at this level and 20 EMA supporting the price i suppose that the AUDUSD price will go long

abdelmahdilahrach1

with clean move to the support area AUDUSD re-test the support for the 4th time and we see a price rejection with a support from the 200 EMA

abdelmahdilahrach1

after audusd price touch a suppot area at 0.77030 with a clean move and into this level price rejection occur at this area and MACD histogram shows strong momentum to this area with a 200 EMA represent an support to the audusd price so i guess we should go long

abdelmahdilahrach1

usdchf after he touch an area of value support change to resistance and touch close to downtrend with a big price rejection i guess we should short the usdchf