MR_US30_ZAR

MR_US30_ZAR

We have reached a level of resistance. Trend is now bearish for restracement ABC of Elliots Wave.

MR_US30_ZAR

Resistance from Weekly time frame Breakout of uptrend to the downside Low low starting to form after the Double Top

MR_US30_ZAR

Simple break and retest strategy nothing more.

MR_US30_ZAR

Elliot's Wave expecting Final wave to the downside. ABC retracement done 1-5 wave to begin waiting for reversal candle stick formation.

MR_US30_ZAR

Day Trade Had ABC move price has to come back to retest the breakout of consolidation.

MR_US30_ZAR

Inverse Head and Shoulders right side to mirror what happened or Left Mirror

MR_US30_ZAR

Bearish Setup Retested the trendline for drops to TP.

MR_US30_ZAR

Inverse Head and Shoulders pattern Which Serves as reversal pattern Dollar strength coming

MR_US30_ZAR

Dollar Index and key support area USDJPY also on key Support Area Correlating with the analyses of weak Bearish momentum on gold coming soon. (As per Analysis)

MR_US30_ZAR

Major support level Pivots Support Level

MR_US30_ZAR

Inverse Head and Shoulders we forming right shoulder and as per Dollar index we looking for bulls

MR_US30_ZAR

Price at Fib zone(50%) and mitigation zone confluence area with privots aswell for a down trend reversal.

MR_US30_ZAR

Head and Shoulder pattern on eurjpy. reversal pattern.

MR_US30_ZAR

Elliot's wave count break retest happening now.

MR_US30_ZAR

1) Head & Shoulders pattern 2)Key resistance area of monthly pivots

MR_US30_ZAR

Fibonacci area 50-61.8 Major support area (area has been holding for months)

MR_US30_ZAR

1)Key support Area 2)5 wave count done 3)pullback in place (ABC)

MR_US30_ZAR

1)We in consolidation box expecting price to sell from the top of the consolidation box. 2)We in major Resistance Zone that has been holding. 3)expecting price to break consolidation box for NFP and retest box.