KatlegoKing

KatlegoKing

Firstly I would like to highlight the 1.00000 price level! This is a significant level in my analysis because it's a psychological price level and this level was rejected for 9 consecutive days, (these rejects are in the form of pin bars). Due to this, I have a bearish sentiment and as I further analysed the chart I realized that the general prominent trend is...

KatlegoKing Updated 

If this indeed this is a correction the break of it would lead to the 3rd leg up since the reversal at the 1.46375 zone, so I wouldn't expect this to go too high. Hence I'm targeting the 1.80000 zone where price, back in 2015, retraced and lead to the 2016 down trend. This 1.80000 zone is also the 3 year high, if we exclude the candle that shot up to the 1.90000...

KatlegoKing

Check chart

KatlegoKing

Break of correction i 1hr as daily entry

KatlegoKing

Last week close above strong psychological zone, retrace at 0.5 fib level.

KatlegoKing Updated 

..

KatlegoKing Updated 

I first thought it was a swing but the inability to pass the 0.382 fib gives me the impression we might just correcting! Right now I'm pretty neutral there isn't too much to say but, I'll update the idea when something comes up.. Stay tuned

KatlegoKing

After comparing a handful of ZAR pairs I saw that the South African Rand is really killing it! Each pair however showed a break in the ZAR strength, solely due to a 0.9+ correlation in each of them. I picked this pair because of the psychological level; 15.00000, where price has managed to close below hence i believe price will continue to drop. Despite this I...

KatlegoKing Updated 

I don't know haha pure speculation

KatlegoKing

where to tp idk, will comment

KatlegoKing

idk

KatlegoKing Updated 

TP is eminent though

KatlegoKing Updated 

not clear where it'll end but I'll comment

KatlegoKing

idk

KatlegoKing Updated 

IDK

KatlegoKing

sell sell sell

KatlegoKing

This guy is basically the dollar index/ DXY

KatlegoKing

Let's see where it breaks