Mohamadyaser

Mohamadyaser

İf its normal conditions we can say that there is possibility that the price will be reflected by the upper line of the canal, but its more near to pass it and teach fare goals those i determined by fib retracementc

Mohamadyaser

there are a lot of tools and indicators to help us to determine our goals fib retracement and moving average for example

Mohamadyaser

after doing retest for the trend K it started to go up again

Mohamadyaser

simple technique that shoes how the price started to loss its strength

Mohamadyaser

the price reaches to so narrow area of that triangle< no one can be sure that the price will go up . no one can be sure that it will go down . just observing

Mohamadyaser

the price is going to the resistant at 2 then 3 lets observe

Mohamadyaser

so simple so effective < triangles that all of us know it

Mohamadyaser

if that so important pattern continue to its goal that means it will reach to 2.8 % the currency of emerging markets of course will be affected . even the gold

Mohamadyaser

that head and shoulder is already done and it should go to its goal

Mohamadyaser Updated 

ABCD pattern is known for all of us

Mohamadyaser

The price now at strong supporting, by the both of uptrend and moving average 100

Mohamadyaser

when we kook to the weekly frame , MACD says its going down

Mohamadyaser

the price is trying to break out the yellow line that showed so important area a lot of times before, if it successes to do , it will continue to 1840ish

Mohamadyaser

now the price is retesting the uptrend> just observe and be ready

Mohamadyaser

it means the price will go down

Mohamadyaser

the pin bar give positive hope

Mohamadyaser

1560 is the strongest support

Mohamadyaser

maybe a new high point will be achieved