lahrach_01

lahrach_01

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

lahrach_01

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

lahrach_01

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

lahrach_01

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

lahrach_01

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

lahrach_01

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

lahrach_01

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

lahrach_01

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

lahrach_01

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

lahrach_01

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

lahrach_01

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