First Rand (JSE_FSR) has been undergoing re-accumulation after decline which is the weakest type of re-accumulation. Price has jumped the creek and backed up to the trading range. There is now showing Signs of Strength (SOS) with lower volume. The stock has show prior leadership even thou it is not in the best performing sector. Will be looking for the breakout on...
After Capitec's (JSE_CPI) trouble at the beginning of the year the stock has been undergoing re-accumulation. It has jumped the creek and is showing Signs of Strength (SOS). The stock has shown prior leadership. Waiting for a back up to 95500 to go long.
Johannesburg Stock Exchange (JSE) Top 40 Index has undergone re-accumulation and broken out above the trading range (Jumped the creek). Now it has backed up to the creek and gone into a lower TF re-accumulation. Waiting for signs that it will break the back up range on the daily TF. For now it seems that it is still ranging.
Zen have a rebrand people thing we could smash through some resistance?
Support around 8250 may provide a small bounce (grey boxes) Main movement is probably back down to bottom and a little further. Previous bounce came at €uro support line (~6000), and there will be another small bounce here. However, the main bounce will come from the $ dollar support line at 5400. Providing an opportunity for re-entry. Other Markers The...
Here, im gonna list few places that we could take into a consideration. Both indicators appear an over-bought ( so fed up, based on 4h ) Enter(1): 0.01003189 - 0.01021294 ( If it broke, then it could lead to more than 35% due to its drop from the past ) Enter(2): 0.00748618 - 0.00802538 ( Here is my second place to re-enter ) Any comments and thoughts ? kindly...
XLMUSD is setting up for a strong follow-through breakout following a healthy pullback. The hourly chart shows a bullish double bottom candlestick pattern during accumulation phase. The Ichimoku cloud system shows price broke through the white Kijun-Sen (along with a T/K cross) and has now re-tested the line without a close below. The cloud top will act as...
Hello crypto nerds what a week! we just had the 12hr chart confirm a huge Death Cross on the moving Averages, so still looking to short Bitcoin removed the upwards Gann Fan to make thisngs clearer and added a down trend fan, will post updates with both Fans in it since they are both in play (according to me) there is some strong support still and can see it...
I think the flat begins after the re-test. Target: 115.527 Stop: 113.98 open price 114.50
Safer stops would be 1198.6 and still give a good risk/reward trade but this may do. I have already entered a short at 1188.50 (GCG7). Let's see what happens
These are a few trades we shared at the KHL chatroom, I have shared the link in my previous posts. If you're interested in learning more about the methods used by Tim West, which I learned and apply in my own trading, contact me privately. I also offer a signals service, with more setups, for FX, equities, metals and oil for the most part. It's clear the market...
Hey guys! Found a good retracement back into the resistance level inside a channel! Good short all the way down to the end of the channel maybe? Good luck guys! Let me know how it turns out! Oh yeah! There is a volume divergence on the 15 min chart! Just more info to give a clearer picture :)
New HIGH and Positive indicators seem to promise bigger things to come!
French index forming bear flag after bull channel was broken. comments on the chart. Check my previous idea in weekly chart for CAC40 and FTSE.