Mhangwane1

Mhangwane1

We were also triggered in here, but SL was moved into profits so we were stopped out. Wen in again and fully got stopped out. Now we refine what the market is telling us. DAILY 151.97, our peak and our ceiling. Looking left what we are waiting for is a drop and a painful one. The dollar (DXY) has also given us signs of a drop. So we will plan and wait for the...

Mhangwane1

We were triggered in our sell and stop out within a few minutes. So we must sit back and wait for a better trading opportunity. DAILY We fighting to go up and candlesticks are very bullish. We will possibly see a 193.00 touch 4H Support at 192.00, if we get a rejection here at 192.70 we could get a nice sell opportunity. 1H It's a bad trade idea, we have only...

Mhangwane1

UPDATE We got into a trade to the downside but pulled out because of SL in profit but for the idea we had, we did well and we did fair. This is not your fathers market hence we put SL into profit.

Mhangwane1

DAILY Mid trend, so stay the fxxk away 4H Impulsive bearish candlestick currently forming, which will keep the drive going down to find support. 18000 will give us a point of interest for price, where we will look for patterns before using candles for confirmation. 1H Current candle is bearishly engulfing and giving more signs of bears killing momentum of the...

Mhangwane1

DAILY 151.20 this is our ceiling and we are fighting to breakthrough this price. If we do, then we having a cool time. Yet look out for the drop should the dollar index decide otherwise. 4H 151.70, we are bouncing here and this is supporting our push to the upside. It still is not enough for us to place trades (longs), we just wait for more...

Mhangwane1

I made a big error that I had not seen till it picked up. I had placed the trade on UJ instead of GJ🤣🤣🤣🤣🤣. So now I'm watching this hit my TP and holding a possible loss. DAILY We heading back up to 193.50 and we just need to watch how it goes there. 4H 191.30 was the support we needed to keep going and here we currently are. 1H 191.20 is now the support we...

Mhangwane1

DAILY High tests and slowing down candles, therefore we should stay out and wait for the touch of the bottom of the wedge (38570) 4H We still look like we are falling before and form of reversal. The trend has been bearish and is currently in a consolidation, leading us to expect an impulse. 1H We still waiting for a breakout whether up or down. 15Min Close...

Mhangwane1

DAILY 38800, our lower edge. We have a high test on the lower end of the wedge so we can zoom in to look for better information. 4H 38600, is a strong support from previous price. 1H Break of 38900 will convince me of a bull run 15Min 38815, wait for the touch / bounce or breakthrough of this price

Mhangwane1

DAILY Stay watching 4H Bearish channel in a bullish trend. So we wait for the touch of 17900 or 18500. 1H Impulsive bull candle, then a slow down (the consolidation / accumulation), now we heading back up so we can put a Buy Stop. 15Min First wait for the break of 18150 and the retest before entering this trade. Do not take it on the break, rather wait for...

Mhangwane1

DAILY 152.10 is our strong ceiling and we are playing around here so we can be looking out for possible trades. 4H NFP gave us the push we needed after being stuck for quite some time and we were forecasting in the same direction. So this week we can look out for trades. 1H We'll first wait for the 152.00 touch and rejection / breakthrough. 15Min 151.80, should...

Mhangwane1

DAILY Still expanding the current wedge we are in. Peaking at 193.50, which could either be our ceiling this week or our target before heading up to 193.60 4H We are still in a small pullback flag, so the assumption stays that long term we are bullish but no commitment as of yet. 1H We either going to bounce on 191.30 or we are going to get rejected at 192.00,...

Mhangwane1

DAILY Just had an expanding wedge and price is building more into the wedge. 38655, shows us further price movement to possibly the upside. 4H 38600 is a form of some support, look left and you will see the test / rejection and sensitivity around this price. The expanding wedges are just giving us signs that there's bearish pressure when they happen. So we are...

Mhangwane1

DAILY Still following the channel and building it further. Currently 17949, which is giving us more confirmation to the direction we are anticipating. 4H The little reversal candles don't give us enough information to go in any direction. 1H 17865 had a double bounce here, which had long wick touches to show rejection. 15Min It's bottoming out and price is...

Mhangwane1

The forecast went in the direction of the market. Which shows that we working and getting better and the edge getting sharper. DAILY We finally broke out of the consolidation and chose a direction (short). Bouncing off 150.80, with the current candle now pushing upwards. We have slight direction as to what we are doing. 4H Bull channel and we hit the bottom of...

Mhangwane1

We did well on the trade. Now rinse and repeat. DAILY Broke down below 191.24 and closed there. We are currently forming a reversal candlestick, the next candlestick will give us direction. 4H We are trying to reverse from the drop that happened. Bouncing off 190.80, and we still pushing up. We still in the middle of a bear channel reversal, so we are waiting...

Mhangwane1

DAILY 18346, is our beautiful price of interest. We peak above and just below it. There it is a point where we will determine our next move. 18000, being the bounce price and now we are heading to our price of interest. We are anticipating a high yield tomorrow but we are not certain it won't fake out few times before the certain direction. 4H Double bottom and...

Mhangwane1

DAILY All we have is consolidation and reversal candles with no definitive pattern. Yet they are pushing upwards, tomorrow we will get the correct direction. 4H Inverse H&S and we still struggling to break the neckline of the pattern, therefore we have no guarantee that we are going up. We broke it but came right back and have been struggling to break it...

Mhangwane1

We did well and got both our trades hit our exit point. Now rinse and repeat DAILY Broke through a resistance level and started creating new highs, plus our ascend was very impulsive and engulfed the bears in the market. Indicating we are pushing up and fighting bears now. 4H 191.24, the support price I will believe will give us further signs to look for longs...