1)5 wave move complete (ellitots wave) ,Impulse move. 2)RSI over bought showing signs of weakness coming. 3) Mitigation zone for rejection Zone 4)Monthly Pivot Level at its highest zone.
1) Double top on weekly is always been turning point (also shown in previous market structure price. 2 )Monthly pivots at extreme highs 3)us30 has same structure and they twins therefore only manipulation due to high amount of sellers on zone stopping the drop.
-5th wave on it way of elliots wave to complete DXY Bearish movement -it will retest on previous resistance now support.
1)Key Supply Zone We have reached highest point ,we are no at key resistance. 2)Resistance on All Pivots Monthly, Weekly, Daily= confluence. 3)ABC pullback
1)we are in the key retracement zone of 61.8-50. 2)Very key Supply Zone NB: Drop expected from here on which correlates with our indices.
1)retest previous resistance that is now support 2)Bullish Indices for bearish USDZAR
1)US30 breakeout of trend and need to come back to retest the breakout zone before creating higher highs 2)Key resistance zone also supported by Weekly Pivots(resistance zone)
1) Fibzone level and 50-61 level retracement 2) confluence with retest of breakout on trendline.
Retracement done, bullish move coming. ABC bottom of trentline
retested of breakout of down trend USD Weak 5 impulse move coming
1) Breakout retest currently happening 2)retracement 50% happening 3)USD(DXY getting weak after long bullish momentum
1) 5 wave impulse has been completed 2)Expecting the ABC Elliot's wave retracement move 3)monthly and weekly pivots resistance zones
1)Double Bottom 2)5 wave move 3)Month end 90% of time Indices are bullish
Price broke out of consolidation zone and had come back to retest the zone which will push price up with bullish momentum. (mitigation Zone Strategy)
Supply Zone key area Trend line key resistance zone Concluding Confluence both showing resistance to force price to drop.
-Weekly Resistance of Pivots -Mitigations Zone -Took out high that was attracting sellers at double top (Bears taken out now it can drop)
1)61.8 Zone 2)Weekly pivots Resistance Zone 3)Order block Zone