Elephant in room: To all the fake Business Development Managers in SA; claiming to have database/business they dont have, then jumping broker to broker every 3months to just get money knowing very well you cannot meet the requirement to claim you can have caused the following 1) International brokers to not hire South Africans anymore 2) Some good brokers to...
Inverse head and shoulders Restest of tredline(previous was resistance now support) Eliiots wave count (ABC done,1-5 in progress)
Price always reacts to the 50SMA on Daily,this it what it has done now as held as support. Weekly Support Pivot Level(Pivots strategy used) Reached as confirmation for a Buy.
Breakout restest has happened for continuation on Bullish momentum. price just reached continuation zone on Fibzone. Perfect entry area.
Price broke out of trendline and its time for it to come retest the breakout. We are at D1 support level
Elliots Wave Count trend line support Zone (confluence zone)
Trend resistance level Price rejecting with pin bar at resistance.
Fib retracment level extreme reached. Mitigation level price rejected there Weekly pivot level.
Break retest of down trend movement Dollar has been on down trent and till it break trendline,we to bearish.
Gold is on a downtrend after a retracment. Elliot Wave analysis.
Fib level of 50% retracement reached Head and shoulder (H1) on that level as reversal pattern
Weak dollare prediction correlate with this idea of nzdusd long. NZDUSD broke out of consolidation and came back to retest the zone of breakout. which confirm the bull move on NZDUSD.
5 wave moved completed. ABC Move about to begin. Weekly pivot Support level reached. 50SMA on Daily servers as key Support
Inverse head and Shoulder reversal pattern to go long Rule(length on head= Target from neckline to TP)
We have reached a level of resistance. Trend is now bearish for restracement ABC of Elliots Wave.
Resistance from Weekly time frame Breakout of uptrend to the downside Low low starting to form after the Double Top
Elliot's Wave expecting Final wave to the downside. ABC retracement done 1-5 wave to begin waiting for reversal candle stick formation.