ChenJunda

ChenJunda

I believe price is ready to make a downward swing. the 87.1 support was strongly broken earlier. Will expect price to revist 86.1

ChenJunda

The bounce on the support zone seems comforting to the bulls, we could see more upside should that level holds

ChenJunda

Price broke the resistance, yet fall hard 4 days straight, I believe bullish momentum is gone, the bears are in control at the moment. Take caution first, and await the next 2 US opening for further confirmation.

ChenJunda

Any upward movement will probably be just a momentarily relief.

ChenJunda

I have a small entry here as long as price is well supported. in the 145.2 area, We could see some upside. For more updates and analysis, follow us on t.me

ChenJunda

What i am seeing here is the simple Push and let go tactics big players always do. 9.5k will come, time is the onyl limiting factor.

ChenJunda

Strong bullish breakout spotted. Might revisit the resistance zone

ChenJunda

The resistance at 1.306 region has once again proven to be a very strong supply zone. USD is still in a overall bullish run. 80-90 pips should this trade goes according to plan and i am fine with it.

ChenJunda

Quite easy to make the call here.

ChenJunda

A very nice uptrend on the daily. Awaiting more bullish confirmation.

ChenJunda

The previous support/rebound point is now The resistance, I expect more downside from here.

ChenJunda

Should the double top holds, we can revisit the support level again ( Red line)

ChenJunda

The resistance at 0.744 is strong. I am am on the bear side here.

ChenJunda

As price has been hovering around the resistance zone recently, yet suspiciously holding strongly. I believe there is a good chance of a breakout towards 1.8 levels. However I will remain neutral until i see a strong price action in this region before making any trades. Join us at t.me

ChenJunda

With price seemly supported in the blue demand zone. Unless the support is broken, I am seeing a decent upside here. Join us at t.me

ChenJunda

Quite an obvious set up here, Down trend very much intact. The immediate support ( blue zone) is key. I am bearish here for a good 180 pips TP.

ChenJunda

What we are seeing here is a bearish break out on the downtrend, price retraced on the bearish break, hits the bottom of the trend channel , and got rejected. I am bearish here, and i see price going towards the blue support zone level (about 100 pips up for grabs )

ChenJunda Updated 

With the recent bullish breakout off the 6.8k level, the bulls are starting to slow down, I believe price will find support at 7070 level before making a nice run up to 9.1k level.