wealth2riches

wealth2riches

tHIS PAIR IS DEFINITELY IN A DOWNTREND. I expect a possible fall into the optimal trading zone(OTZ) of 104.106 but before that, an expected pullback at 23.60 to the fibinotti and fall down to that zone. The reason for this statement I made it gives me lower lows in a downtrend position.

wealth2riches Updated 

If you look at the Daily chart this pair is definitely in a downtrend.As you see it hit the previous support at 136.766 pullback to 138.236 break through the OTZ 135.615 A HAMMER IS VISIBLE FOR A POSSIBLE UPTREND BUT IT HIT AGAIN THE otz at 136.777 resistance.I expect a possible doewntrend to hit support at 130.969

wealth2riches

There IS A SECOND BOUNCE OF RESISTANCE ON THE TRENDLINE BUT THEN SHOWS LOWER LOWS AND AS YOU SEE THREE SUPPORT HITS WE ASPECT A DOWNTREND WITH A PULLBACK TO HIT THE RESISTANCE FOR THE MARKET TO GO DOWN.

wealth2riches Updated 

As I predicted it break the support and is still in a downtrend

wealth2riches

expect to down it already hit the support OTZONE

wealth2riches

It already hit the support in the OTZ so I exspect a reverse that it could go into resistance and I will expect it to go short.

wealth2riches

THIRD BOUNCE TO BE REACHED THAN IT WILL GO SHORT DUE TO A STRONG BEARISH TREND

wealth2riches

LONG BEARISH MISSED ON THIS OPPOTUNITY

wealth2riches

iTS IN A DOWNTREND