akhena10fx

akhena10fx

POIs for potential sells in US30. Overall Bearish bias.

akhena10fx

NAS Providing POIs for the week for potential buys and sells based on structure and liquidity

akhena10fx

Gigantic Risk to reward possibility here. If prices are expected to continue bearish, this could be a turning point.

akhena10fx

NAS 1/9 Weekly Outlook Lots of bearish moves with Omicron, should be an interesting week

akhena10fx

NAS 1/7 Outlook (NFP) Looking for NAS to grab liquidity on both ends of the "triangle" before a big push up fueled by news.

akhena10fx

At this point bitcoin has proven that it shall not be tamed. Any smart short seller is keeping his money out unless he hates having it. Short term resistance expected at current levels of $55,800 OR She pushes straight through to $68,000 In anycase Bitcoin is coming for 68,000. the question is simply how long it takes to get there. At this point,...

akhena10fx

a 4hr breakdown of NAS100 rising channel

akhena10fx

Nasdaq's daily outlook is pretty straightfoward. Currently trading in an ascending channel. Watch for the bottom bound of channel for reversal patterns for a long. Watch for a breakout of the bottom bound, as well as a daily candle close outside of the bottom bound. At this point analysis turns bearish. with reversal targets at previous resistance levels.

akhena10fx

Dow possible contraction of upwards of 40% is possible according to technical analysis. Perhaps the divergence between the stock market and job market in America will finally consolidate. Perhaps the road to vaccination becomes less clear and causes panic. Idk. not really my job to predict the future. But the chart says this is a possibility.

akhena10fx

CADJPY is currently in a large rising triangle structure on the 4hr chart. Price has the potential to break out of structure. should this happen, we would be looking for bullish opportunities after a retest of previous resistance. However I am currently bearish till this happens. Watch for break of smaller rising support within triangle for short...

akhena10fx

LONGTERM OVERVIEW: Bearish. - Price is at significant daily resistance level - Both RSI and MACD showing bearish div since April - Should price break below rising support, it will complete H&S pattern driving it down to the .61 Fib - MACD and RSI showing bearish Div since April Alternate View: Bullish should price break above and find support at 74.000...

akhena10fx

EURUSD is due for a significant correction that may already be underway. If one is not already short on the trade, a retracement after wave 1 of the larger degree completes will be an attractive point of entry. Especially if this coincides with the resistance provided by the outer band of the resistance channel that was just broken. If one is already in a...

akhena10fx

USDJPY is teetering on breaking the bottom support of a gigantic triangle that has been forming since 2014. If this plays we could see a 20% drop . The trade is simple. place stop loss above previous high.

akhena10fx

Cup and handle break. Cup provides target. Stop loss below trend-line break.

akhena10fx

The USDCHF pair is providing signs of downward price action in the coming weeks. The price has been trading in an upwards channel since early August. However, prices have recently broken the bottom support and bounced off it on a retest. A few patterns and indicators give us confidence of future downward price action. Channel support break and retest MACD...

akhena10fx Updated 

Expecting GBP to fail the current resistance level with a head and shoulders, at a retest of the rising wedge support level. This move could set up a possible cup and handle entry for a second test of the 1.256 level. This lines up well with what would be the .50 retracement level. Happy Trading.

akhena10fx Updated 

Sharing a current trade of mine. The Butterfly, Elliot wave extension and head and shoulder formation give us healthy targets at the 1.634 levels. Likely in subwave one of wave 3. For those looking to join the action, getting short at 3 might be a good trade. I do not like trading 5th waves so I rarely suggest them. Happy Trading.

akhena10fx Updated 

Been in this trade from 0.6325. Retrace just provided another entry. First Target is provided by the butterfly formation. If price breaks above 0.6449, it will confirm a cup and handle formation, this gives us a second and final target around the 0.662 level. Happy Trading.