Panagiotis Diamantopoulos / Profile

These are the reasons that AUDJPY has a possibity to turn down or at least retrace: 1. Decreasing up volume waves 2. Hit Resistance 3. False Break on Resistance level 4. Hard time to go up to hit Resistance again which also happens to be a Fib - High Speed Index of 17.1 on Fib hit...

It does not get any easier than that to identify why GBPUSD exploded up. 1. Support comming from Daily 2. Enormous down volume wave without the respective Pip move - High Speed Index of 58.9 (nothing like that on the recent previous down waves). ***Don't forget to "Like" this post if you like***...

AUDCHF - Story 1. We have broken down a range with volume and found support on a previous support which also happens to be a Fib 2. We are going up with High Volume but not the respective pip move 3. Fib ahead 4. Another Fib a bit higher from 3...

These are the reasons why EJ should go down. 1. Hit the Fib area with a false break on 61.8 with a very fast move Low Speed index of 6.1 2. The way to the Fib was not that easy - Speed Index of 26.6 3. First Push down with volume and a High Speed Index of 27.6 4. High Speed Index of 36...

AU - This is why AU broke support. 1. First down wave with high volume at top after a false break of resistance 2. Easy down move on US news on Friday with down volume 3. Enormous up volume but without the respective pip move with 4. High Speed Index of 30...

High Impact News:USD Change in Non-farm Payrolls (JUN) - Forecast: Is USD going to strengthen more? If we have read our waves properly it looks like USD will strengthen. I will explain on this post with later charts after the news...

Is USDCAD Ready to turn Bullish? Let's read our waves. Hit Resistance coming from Daily...

Four Reasons why NZD will probably move up to Resistance Level. Hit the Fib...

Is EG keep going down? The Forecast is yes, let's read the market: 1. We have hit resistance four times 2. We have hit Support and Fib but with high down volumes 3. High Down volumes 4. Very High Down Volume wave...

Is AUDCHF ready to go down? Let's read our waves. First down wave with significant volume...

Is AUDJPY ready to turn down or at least retrace? Let's read the market: 1. Found resistance and started ranging between support and resistance 2. Many High Speed Index on the up waves 29.3, 44.6 , 23.5, 35.6. Enter short only if it breaks support...

4 Reasons why EG should go down: Resistance...

This is why EJ went up today: Very High Volume Up Wave - some retracement expected...

Will EU keep going up? Most probably yes. Let's read the market: 1. We have reached some Fib area which is also previous Resistance wich became Support . The first two down waves from the top had sellers, but the third down wave had very hard time to reach the Fib for a second time. 2...

5 reasons why US30 will go down: 1. Hit major Resistance coming from Daily + Weekly 2. First Push down with High Speed Index 79.4 3. Fake Break 4. High up volume with almost no pip move - Speed Index 153.1 - nothing like that on the entire chart...

EURCAD this is why turned bullish. 1. Hit Support from Daily 2. Enormous SI 47.3 (nothing like that on down moves on the entire chart) and volume trying to reach Support for a second time - (too much volume - small pip move) 3. Breaking 1H resistance and Fib confirms bullishness...

Is AUDUSD 1H keep going UP or Reverse on Fib? Let's read the market. 1. Highest volume wave of the last 13 days. 2. Fib Area 1 reached and found sellers SIs:21.9 and 21.8 3. First Bearish wave with volume, but 4. Fib Area 2 reached...

Is GU ready to turn bullish? Let's read the market. 1. We have approached significant resistance point coming from the Daily chart 2. High Speed Index of 26.5 on the down move - nothing like that for the last three days - therefore most probably buyers. 3...

Why USDCAD started up trending and if its going to continue or respect the Fib are and reverse? 1. First significant up volume wave. 2. Little volume down waves. 3. High Speed Index of 40.9 - which means too much volume for this pip move and since we broke up these were buyers on the down move. 4...

AUDNZD -1H These are the reasons that most probably support and fib is not going to hold and go bullish: First let's look at history: 1. We were going up until we hit resistance with a fake break and the last up wave is having the highest speed index of 35...