David_Perk

David_Perk

by volume analysis

David_Perk

Strong sell of from the top and possible continuation of the downtrend

David_Perk

Potential reenter to short positions after begining of downtrend. CAD is strongly weakening and JPY strengtening. Volume is supporting this analysis.

David_Perk

I see stoping volume on the tops which tells me bulls are closing positions. COT reports says comercialas are shorting AUD. So it shoud drop

David_Perk

Short to POC possible

David_Perk

I expect EUR to drop to 1.150

David_Perk

JPY is strenghtening, will wait for correction to re enter again.

David_Perk

Bears in control

David_Perk

Description on the chart

David_Perk

Nice downtrend chanel, but what is happening in that accumulation on then top of channel? High volume activity on lows indcates me that market makers are filling long orders. I expect that boys will break this chanel and will go test high from past.

David_Perk

Description on the chart

David_Perk

Description on the chart

David_Perk

Description on the chart

David_Perk

Description on the chart

David_Perk

Description on the chart

David_Perk

Acumulated area has sighnes of bearish volume. Im expection go market a bit higher before they start proper sell of.

David_Perk

Description on the chart

David_Perk

Expectiong to break accumulation phase with two possible sceanarios. Obviously its gonna happend with scenario C or D :) But by structure of market and volume analysis. Direction should be up.