Akz21

Akz21 Updated 

On the weekly price made a double top and is on its way down. On the daily chart we can see that price is now testing previous resistance as support. If price breaks through its current support then price should continue its downwards movement. The 4 hour chart has given me a clear wave pattern and weekly fib. 50% as well as 4hr 78.6% levels are being rejected...

Akz21

The monthly and weekly chart has shown a w formation that has been mad. On both charts, price has now reached the previous area of resistance and is now acting as support. I am expecting price to reject the area and rise to the 124.200 area, however, because on the daily and 4hr chart price is consolidating, I will wait for a breakout as confirmation. The weekly...

Akz21 Updated 

Price should continue its course to the 1.60000 area, on the daily we can see a clear retest of the zone (purple rectangle). On the 4 hour price is rejecting the zone as well as the 38.2 fib. level which could mean price will continue to dump. I will continue to hold since the structure hasn't changed on the daily. Please do not take this as financial advice this...

Akz21

May be a short if price rejects my zone

Akz21

Price could either reject the weekly trendline or break through to hit support before flying

Akz21

Short based on COT Report and Technical Analysis

Akz21

short

Akz21

Short

Akz21

There may be a false breakout at the 1.80000 level. If so, the bearish structure will not be broken on higher time frames. Price should continue its bearish leg down to the 1.78000 area

Akz21

Possible short with entry @ 122.448

Akz21

Entry @1.79853 where there will be a pullback judging from the 4hr chart. This chart also shows the entry area, 0.382 is also potentially a 'stop hunting' area. If price doesn't pullback to my initial entry area. On the smaller timeframes, it shows a possibility of entry being @ 1.79621. My overrall target, TP3 is @1.77960 however I understand that price can still...

Akz21

With my fib. retracement tested on many timeframes, the 0.382 level looks like the most accurate area to enter as on smaller time frames the area looks like a 'stop hunting' zone and a good pullback area on larger timeframes. Price may rise for an almost 300 pip bull run.

Akz21

Price may fall more than 90 pips

Akz21

Bullish signal. Once 135.400 level is broken, price should rise to the 139.000 level

Akz21

Price to fall this week

Akz21

Short

Akz21

Bearish

Akz21

Bearish. Price should go to the 1.90 area