Jakh_FX

Jakh_FX

Expecting the price to fall from the supply zone to $1.247 demand zone

Jakh_FX Updated 

Expecting a strong rejection at $74-$75 supply area with the price retracing to $71. The supply area proved hard to break out from on multiple occasions before.

Jakh_FX

Looks like Natural Gas is trending in a channel and just landed on the its support area. Theres a high probability the price will reverse from this area as its been consolidating there for quite some time now.

Jakh_FX

The price is struggling to break out from the last supply zone and its probably going to reverse and fill the imbalance gap all the way down to $17200.

Jakh_FX

Gold flipped $2310 resistance to support zone after a brief break out, and it clearly shows how the price is following the trend line. Expecting the price to retest $2400 - upper limits of the triangle.

Jakh_FX

Current global events are stoking fears of oil prices reaching over $100 before autumn. In these market environments its better if we look for buying opportunities like right now. $81 demand area was strong enough to hold the falling prices and its a confirmed buy if the price breaks above $82 and retests it once again before rallying to at least $85 supply zone....

Jakh_FX

The last two times SWB:69K -$62k supply zone proved hard to break through and the rally reversed. This time seems no different as the price got rejected 3 times and is now completing a small retest of local zone of resistance at $66k. Should the price get rejected at this resistance, Im expecting a freefall to the next support area at GETTEX:52K

Jakh_FX

The price settled on the demand zone appears to confirm the trend reversal with current jump in price. Expecting the price to test $125, and if successful, to test $131

Jakh_FX

Expecting the price to break out from the triangle and retest the ATH of $1200 if $1065 supply area is successfully broken

Jakh_FX

The daily candle closed in green and appears to confirm the double bottom formation right on the convergence of two support lines - support trend line and psychological demand area at $155. Expecting with high probability to continue to follow the trend line and retest $162 zone.

Jakh_FX

The price plateaued on a daily support zone and is already giving strong trend reversal signs. Will the price retest ATH one more time or will it keep ranging between 275-285? Regardless, the price is in relatively good buy zone.

Jakh_FX

Last day's green close seems to confirm trend reversal. The price will probably spend time consolidating on a support zone before rallying to a $22 demand area. If break out is successful, the rally should continue to $30 demand zone.

Jakh_FX

Expecting the price to test $508 zone and drop even further to $490 and $484 demand areas, as the price is seemingly showing early trend reversal signs.

Jakh_FX

The price drop slowed down on a daily demand zone and we can expect a new rally from the current area to $814, $840 and $890 price points.

Jakh_FX

There are signs the price is bottoming out and appears to be forming a double bottom formation. Expecting the price to reverse from this demand zone and test previous zones of interest at $178. If the trend continues, we can expect the price to test the next zone at $188.

Jakh_FX

The price is forming a double bottom with higher lows just above the crucial demand zone. Expecting the price to test the first major supply zone of 1.0847. And if successful at breaking it, then the price should keep going up to the next supply zone of 1.09, which just happens to be at the upper limit of the descending channel the pair has been trading in.

Jakh_FX

The price landed on a support zone and appears to be slowly forming higher lows. Expecting the price to test the ATH area.

Jakh_FX

The price shows signs of bottoming out on crucial weekly support zone and appears to be forming higher highs from that point. Expecting a rally to at least $200 levels.