U.S.Dollar Currency Index

Technical breakdown on this pair is needed for everyone that is or have been confused about what i see or what i think, most times i do not think i just follow price action using past events. Over the past few years, from 2008, every pattern price made over the years can be analyzed and brokendown into different technical pattern..

Mentors and Students have been lost in price actions lately, Ever since the COVID19 plandemic started last year March, we have seen alot of failed pattern.. i will be sharing some of my views down here for everyone to analyze with me and correct me anywhere i am wrong, i normally do not use this pair as a determinant but since most of my students use it for whatever reason, i have decided to include it in the journal..

Here is a full picture of what we have on DXY since the great drop from early 2000-2002. price action have been trading on a bearish trend and we have been seeing alot of rejections, patterns and weird candlestick pattern, to the upside we have Double top so visible we can not ignore the impact on the market and also to the downside we have the trendline, price action have respected the trend line for years, since early 2012 we have been seeing the ascending wedge on DXY and this trendline just got broken to the downside again!!
With proper breakout seen on the weekly trendline accompanied with the bearish flags we have been taking the drop for a year now, and this moment celebrates a year of a perfect running analysis, but for the past few weeks, price has not really respected our support and resistance zone and we have been getting stopped out on different occassions, this analysis proved me wrong to some students but my explanation was fully based on what i see not what i think…
Ignore the bullshit, this pattern is so glaring not to identify, we are currently looking at the letter M pattern, for the record this pattern have showed up on many charts on different Tf and this time we are seeing it so wild on DXY with proper structure formation and just price stopping out short sellers… Perfect break and retest done, we are currently on a bearish flag formation that stopped out twice but we still bearish on our bias until price shows otherwise.
I will continue to watch price action until we have a failed pattern, and if not? we have all the priviledge to bag for the rest of the year as dollar strength weakens.. EU should be back to Bullish in no time. Focus to get #stuckinprofit
Short Analysis Re-model
Patience with Price Action, Wave 2 COVID19 could be coming up, most nations will be back on lockdown while we bag, focus.

GBP-CHF BULLS ON RALLY

This journey started last year 3rd OF AUGUST 2020, with my overall target on monthly TF with about 4,900 pips in projection.. with several updates dropped over the last few months, i will like to document and journalize our journey with a proper insght and view of how much we have bagged and how far we have to go, today after initial signal was dropped, price finally smash 1st Target without so much complications, with the last fundamental and techcnical update dropped on the 5th of FEB this month, we have withnessed a 20 days of massive bull run in the market with over 800 pips now stuck in profit…

‼️BUY STOP‼️
GBPCHF
ENTRY: 1.20000
TP1: 1.28000 (800)
TP2: 1.36000 (1,600)
TP3: 1.45000 (2,500)
TOTAL PIPS: 4,900
TRADE WITH PROPER RISK
MANAGEMENT.. BAG LIKE PRO🐐
1ST TARGET SMASHED

MARCH 29th 2021

GBP-CHF Price action continues North, after smashing our 1st target price made a bullisg flag in the zone and now with the current bull momentum we are looking for a breakout on the Daily TF.. with further analysis given below, we are stuck in massive profit.

GBP-CHF moved in an impressive manner towards our 1st target, breakout zone played out perfectly and now price is stuck in profit.. partial profits taken and now awaiting price reaction in the current consolidation zone..

Akoin ‘Live from Mwale’ pilot program successfully deploys throughout Mwale Medical and Technology City

AKOIN  (AKN), the digital asset platform and cryptocurrency developed by legendary artist, philanthropist and global visionary Akon, will be fully adopted in the $2bn Mwale Medical and Technology City (MMTC) starting in July, after the success of its recent pilot program. “The rollout of the Akon Wallet in Mwale was received with great enthusiasm…” where residents can receive payroll in AKN (Akoin), make merchant purchases, conduct Peer2Peer transfers, manage their financial assets by converting into other crypto and fiat assets, execute bank transfers and make mobile airtime topups fast and seamlessly “…with expanding services rolling out at an exciting pace” says Jon Karas, Akoin President and Co-Founder, and as seen in the below ‘Live from Mwale’ video

Starting in July 2021, 5,000 hospital workers, as well as 2,000 merchants and 35,000 residents in the Kenyan facility, will push Akoin transactions worth at least $5m each month. The MMTC is a $2bn metropolis centered around a 5,000-bed medical and technology complex located in Kakamega county, and is expected to be fully completed before the year-end.By December 2021, AKN is expected to serve 20,000 workers at MMTC and be the primary settlement platform for retail stores, worker payroll, airport purchases, and 50% of utility payments estimated at a value of $280m.  Akoin will fully be the exclusive platform at MMTC by the end of 2022 performing transactions of between $ 1.7 billion and $ 2 billion per annum.

With an Akoin Card rolling out next starting in MMTC and then Africa-wide, people will be able to pay for goods and services in AKN across 40 million global merchants. The card is connected directly to the user’s Akoin wallet and powered by the Baanx platform which operates behind the scenes to settle with merchants in their national fiat currency. 

Julius Mwale, who is also an investor in the smart crypto Akon City project in Senegal, stated that “this is the test ground for Akoin before it moves into the Akon City, as we start building there next year to literally turn Africa into a cryptocurrency ecosystem within the next decade”.

About Akoin

Akoin is a landmark cryptocurrency and digital marketplace led by global visionary Akon. 

The Akoin (AKN) token is a trusted and interoperable digital currency for the rising economies of Africa and beyond, providing users access to Akoin’s ecosystem of decentralized apps (dApps) and apps, where entrepreneurs can build and scale their businesses with ease.  

Through the Akoin Utility Token, Multi-Currency Wallet and Marketplace, users are able to ‘learn, earn, spend and save’ through their mobile phone as they connect and transact with the digital global economy, offering both stored value and local fiat conversion.

For more information about Akoin, visit: www.akoin.io