sherifmesseha

sherifmesseha Updated 

depending on market structure the price is broken the important levels on 4H TimeFrame, when the correction occurring at level 16744 will put a position at level 16621 and the first target at 16320 with suitable stop loss level.

sherifmesseha

uptrend on 4H Timeframe, according to the 1H Time frame there is potential to break the previous peak of the uptrend this is the entry price and stop loss under the bottom.

sherifmesseha

the market is moved sideway for from sep.2023 and now is trying to break the bottom side, so it is potential to form new downtrend to 1.8600

sherifmesseha

in daily timeframe is above 20 moving average, and in 4H time frame the price reached level 50% Fibonacci. trade is long and first target at 17000.

sherifmesseha

the price came from Weekly supply zone, and broken market structure in 4H timeframe, good sell momentum on 30M timeframe.

sherifmesseha

broke support level and now is retested it, and response to market structure. on daily timeframe.

sherifmesseha Updated 

Daily: broke market structure with good momentum. 30M: forming a strong momentum and ending the pullback.

sherifmesseha Updated 

the price came from weekly supply zone and broken the uptrend on 4H timeframe, it is forming a new downtrend and now broken the market structure. so the possible target is 0.5900.

sherifmesseha

the price came from weekly demand zone and in daily time frame is above 20 and 50 moving average, in 30 timeframe broken market structure and formed a new uptrend. and i think it will reach 7650 on the long run.

sherifmesseha

D-above of MA and bullish momentum, 4H- forming uptrend, meantime is forming uptrend 30M- establish to form bullish momentum

sherifmesseha

D- price come from weekly SZ and under moving average and the momentum is high for bear market. 4H- broken market structure and high bear momentum. 30M- broken the pullback price action.

sherifmesseha

the market has broken the market structure, and under moving average on daily time frame.

sherifmesseha

market has broken market structure and on 4H demand zone, and on above 20 moving average in daily time frame.

sherifmesseha

short in Gold pullback, with the announce of FED yesterday to keep the interest rate high with potential of increase more next meeting

sherifmesseha

trade short depending on market structure on 30m timeframe. expected to reach the weekly demand zone at price 31937.

sherifmesseha

when you see the bigger timeframes the main trend is downtrend. and on 30m TF the price actions gives the market signal to keep going down so I will put a short position and the target is the support level on 4H TF with reward 1:3. that is when the price break the 30m's up trend line. be careful and wait.

sherifmesseha

when you see the bigger timeframes the main trend is downtrend. and on 30m TF the price actions gives the market signal to keep going down so I will put a short position and the target is the support level on 4H TF with reward 1:3. be careful and wait.

sherifmesseha

as a support level at 1.20456 I will take a trade with reward 3 to 1 and the target at 1.21385. 78 pips.