alifathollahi1987

alifathollahi1987

This is my prediction

alifathollahi1987

Price Action

alifathollahi1987 Updated 

As can be seen from the chart, we can see an ascending triangle. So, base on this trend I am waiting for a breakout from top.

alifathollahi1987 Updated 

It is obvious that from the illustration, there is a strong resistance area at about 1719-1723; furthermore, the price is in a downward channel for more than 3 months. So, I expect a downward trend when the price trigger the strong resistance area (1719-1723). Sell at 1719 Tp1= 1712 Tp 2= 1700 Tp 3= 1680 Sl= 1748

alifathollahi1987

As we can see from the chart, it is obvious that the trend line is working perfectly and when the price trigger the trend line an upward trend is started. So the chart speaks for itself.