USD / ZAR 16.24355 +1.79 % LONG IDEA * CONTINUATION PATTERNHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR / ZAR.
- We saw the pair rally with the bulls in this past trading week.
--- here's what we had
- We closed the week with strong momentum to the upside.
- 50 % fib level tested and saw a rejection at this level.
- Looking for continuation on the pair for a completion of the impulse.
- The new found covid-19 variant might also affect the pair fundamentally.
* lets see how it goes.
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____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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Pulemokhothu
US100 16045.8 - 2.21% SHORT IDEA * CONTINUATION & PRICE ACTIONHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON NAS100 / NASDAQ.
- The index has possibly formed a not so perfect H&S pattern and currently respecting the larger scale ascending channel.
- looking for the bears to take control within this structure short on this index.
A look of where we where in the past week.
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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EUR/USD 1.13063 +0.9% SHORT IDEA * PRICE ACTION & CONTINUATION HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR / EURO.
- Here's where we where in the past week in the pair
- looking for continuation as we saw a test of the 61.8% FIB closing the week with a hanging man towards this level signaling rejection towards the upside.
- looking for some selling pressure as one form of confirmation & some momentum shift.
lets see how it goes.
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____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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DXY 96.07 - 0.74% SHORT IDEA * PRICE ACTION & REVERSAL PTTNS HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON THE DOLLAR INDEX .
- The index is currectly showing signs of exhastion at the recent high.
- price action is currectly possibly forming a not so perfect H&S at the roof of the rally.
- looking for a retracement to FIB LEVEL 0.618 % AS THE overall target.
lets see how the week goes.
here's what we had on the in the index in the past week.
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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USDJPY 114.23 0.2% LONG IDEA * CONTINUATION PATTERNSHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON THE USD/JPY.
* looking for trend continuation on this pair.
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____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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EURGBP 0.83829 +0.02 % LONG IDEA * & CONTINUATION HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON THE EUR/GBP.
* looking for trend continuation on this pair.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
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____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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GBPUSD 1.344437 +0.001% SHORT IDEA * CONTINUATIONHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON THE POUND / DOLLAR
* looking for trend continuation on this pair.
- Trend continuation , break below looking for continuation pttns with the bears.
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ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
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GBPCAD 1.69890 +0.02 LONG IDEA * REVERSAL PATTERNSHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON THE POUND CAD.
* Looking at a couple of scenarios on the GBP/CAD
- completion of the INVERSE H&S ON higher time frames
- reversal at 61.8% fib level
- LOOKIMG FOR REVERSAL CONFIRMATIONS ON THE PAIR.
* looking for trend continuation on this pair.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
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ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
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USDCAD 1.26362 + 0.31 % LONG IDEA * PRICE ACTION HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR / CAD
* looking for trend continuation on this pair.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
USDZAR 15.72020 + 0.5 % LONG IDEA * CONTINUATION PATTERNSHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR / ZAR.
Looking for continuation on the pair for a completion of the impulse.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
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ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
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US100 16591.0 + 0.5% LONG IDEA * TREND CONTINUATIONHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON NASDAQ, US100.
Will we see a bullish continuation to - 61.6 % fib ( 16933.00) level in the coming week.
* The index is still strongly bullish
* Tested and rejected 61.8 % Fibonacci level signaling continuation
* Broke above of structure.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
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ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
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EURUSD 1.12809 - 0.8 % SHORT IDEA * TREND CONTINUATION HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE EUR/USD PAIR
* The DOLLAR has had a good week gaining strength against the EURO in this past week now the pair created a bera flag pushed up for a retest of the 61.8 % fib level, a shift of momentum with the bears signals continuation of the trend.
* Or a break below of the doble bottom formed at the bottom of structure.
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____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
DXY 96.06 + 0.57 LONG IDEA * TREND CONTINUATION HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR INDEX.
* The DOLLAR INDEX is in a clear bullish trend that rejected at resistance level 96.238 creating a double top at this structure, but momentum to the down side is not so convincing of a reversal, the BULL FLAG and the the retest of this structure also confirms this.
* Now entering FIBONNACI LEVELS in the mix we see the index just tested 61.8 % fib rejection at this level with the bulls possibly signaling continuation.
break above of resistance level 96.238 signals continuation with the bulls a 3rd rejection might bring about momentum needed for reversals lets see how it goes...
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____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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XAU/USD 1847.08 +0.61% LONG IDEA * CONTINUATION PATTERNSHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT ON GOLD THIS WEEK.
> Despite hot US inflation bringing back rate hike expectations on the table from the Fed and the ECB, gold price continues to benefit from its increased demand as an inflation hedge.
> The metal has been trading in an ascending triangle possibly signaling continuation with the bulls a break above and a retest of the structure signals continuation with the bulls.
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____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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XAU/USD 1861.035 SHORT IDEA * PRICE ACTION AND STRUCTUREHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT ON THE METAL IN THE COMING WEEK.
> From the daily time frame we see gold struggling with the descending channel resistance that has already been tested multiple times in the
past period.
> Should the metal give a patterns at this level reversal pattern at that will be looking for short on the metal as the BEARS will control the market for a bit again as will be looking for a rejection.
> Should we break above of this structure looking for confirmations with the bulls for continuation targeting resistance level 2075.00
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____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
GBP/JPY , EUR/CAD , GBP/USD, USD/JPY, GBP/CAD, GBPJPY, GBPJPY, HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, READY FOR THE MARKET THIS WEEK, HERE'S A LOOK AT SOME MULTIPLE CHARTS FROM THE MARKET THIS WEEK.
1. GBP / JPY
2. EUR / USD
3. GBP / USD
4. USD / JPY
5. GBP / CAD
6. GBP / JPY
7. EUR / JPY
1. THE GBP / JPY
The pair has been trading in an descending channel within an ascending structure that just saw a test of the base of the structure, currently rangining in a bull flag on lower time frames. looking for a break above of the structure to see continuation with the bulls.
2. EUR / JPY
The pair just broke out of a bear flag saw a retest currently ranging within the newly forming descending structure looking for a push down with the bears on the pair.
3. GBP / USD
The pair saw a rejection at a resistnce level on the monthly currently looking for a correction with the bears.
4. USD / JPY
The pair is currently trading in an ascending channel that saw a test of the roof of structure rallied down with the bears looking for a continuation of this move.
5. GBP / CAD
The pair just broke out of the ascending channel looking for a retetst of the structure befor continuation
6. GBP / JPY
The pair is currently forming a possible H&S signalling a possible move with the bulls to go test the roof of structure.
7. EUR / JPY
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____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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DJI 3413.99 - 0.23 % SHORT IDEA * PRICE ACTION & STRUCTUREHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, READY FOR THE MARKET THIS WEEK, HERE'S A LOOK AT THE DJI INDEX FROM THE MONTHLY CHART.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
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DJI 34269 - 0.36% SHORT IDEA * MONTHLY OVERVIEWHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, READY FOR THE MARKET THIS WEEK, HERE'S A LOOK AT THE DJI INDEX FROM THE MONTHLY CHART.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
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BTCUSD 40199.2 _ 0.74 % LONG IDEA * PRICE ACTION & STRUCTUREHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, READY FOR THE MARKET THIS WEEK, HERE'S A LOOK AT THE BITCOIN / U.S DOLLAR FROM THE 4 HOURLY CHART.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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SPX 4244.28 - 0.25% SHORT IDEA * PRICE ACTION & STRUCTUREHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, READY FOR THE MARKET THIS WEEK, HERE'S A LOOK AT THE SPX 500 INDEX FROM THE 4 HOURLY CHART.
The index is currently at a significant resistance level, will be watching price for reversal patterns and or breakout patterns.
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____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
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USDCAD 1.21507 + 0.47 % SHORT IDEA * PRICE ACTION + STRUCTUREHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, READY FOR THE MARKET THIS WEEK, HERE'S A LOOK AT THE U.S DOLLAR / CANADIAN DOLLAR FROM THE 4 HOURLY CHART.
The pair has been trading in a falling wedge which saw a break above of this continuation structure, looking at the not so fa historic data the pair is definitely no stranger to fake-outs, so looking for a reversal on this one, should structure hold targets 2 & 3 come into play as this will signal continuation.
below is what i had last week on the pair, never triggered.
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____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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EURUSD 1.21209 + 0.11% MONTHLY OVERVIEW * PRICE ACTIONHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, READY FOR THE MARKET THIS WEEK, HERE'S A LOOK AT THE EURO / U.S DOLLAR FROM THE MONTHLY CHART.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - INTRA-DAY TRADE
EURUSD 1.21215 + 0.11 % LONG IDEA * PRICE ACTION & STRUCTUREHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, READY FOR THE MARKET THIS WEEK, HERE'S A LOOK AT THE EURO / U.S DOLLAR FROM THE 4 HOURLY CHART.
The pair is currently testing the base of the descending channel structure looking for this structure to hold to see a push up with the bulls before we see continuation to the down side.
here's what we have on the monthly
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____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - INTRA-DAY TRADE