PonziCandle

PonziCandle

🚨 Temporary suspension in trading on the JSE as MUR’s South African operations enter business rescue. Liquidity crunch, major contract losses, and debt restructuring are in focus. Big moves ahead. #MUR. Opportunity?

PonziCandle

There are specific price levels back in 2020 that have been hit. After that we see some sort of achievement which results in a trade setup as we now have to come back to test another specific area. This all has to happen in a specific sequence too... and all this despite news. If we do execute this sequence and reach 200 we should then hold 160ish to possibly push...

PonziCandle

This stock is in a good position to give us some healthy gains. First we need to gain the internal structure going higher than 8400 at least, then hold 7700 to continue the move to 12000, else it will fail and create a new low, local to a higher time frame. But this spot is key at the moment, keep a close eye from tomorrow morning open...

PonziCandle

Let's observe how price action unfolds over the weekend. I've diligently identified key levels that, in my analysis, appear poised to be touched in the sequence I've indicated with arrows. With experience, you'll come to appreciate the recurrent nature of these sequences – they're like the timeless rhythms of the market. Understanding these sequences grants you...

PonziCandle Updated 

My previous level still stands, if we close the next 1hr candle up here, expect a possible entry on an untested level lower down, believe it or not. This may be the last level before moving much further up to the next area.

PonziCandle Updated 

Yes, just a little lower, then take profits, don't have to be greedy! Don't take this as financial advice, I am still working on my setup's and can still get things wrong.

PonziCandle

Let's see if this trade setup works out, we have to close some sort of candle in the area circled, before the setup becomes vaild. This should apply to most other coins too.

PonziCandle Updated 

Take care here, if this rejects, expect a new local low.

PonziCandle

Let's grab some liquidity uptop and send it down shall we?

PonziCandle

We have made the high we needed to and closed where we needed to, now we should see a retracement to certain levels before continuation, I see the whole weekend being "chop" as some call it, teasing further longs, before another needed test before continuation. Let's see and good luck.

PonziCandle

Retail traders got rekt unfortunately. I think we will be seeing way lower, but first retest, this is where you can get entries for slightly longer term moves. Let's see.

PonziCandle Updated 

Looking at price action you require certain things to happen before other things will happen, this give you a slight edge which is always good. Let's see how this plays you today!

PonziCandle

Just want to save this here, as its beautiful price action working as intended. I had drawn the yellow lines of destiny beforehand, and came back to this, let's see if it follows through and finishes of the idea.

PonziCandle

This is were I think the price will be going to today, I believe there is volatility today because of news people, but regardless this is the areas we should visit to collect the news peoples liquidity. They have moved their stops up as we have "broken out". then we should see an impulsive reaction in the market to the next area.

PonziCandle

Looking for some recovery on the rand soon, give it a couple days and weeks. Would like the following action to play out, or similar.

PonziCandle

This is my rough overview of the next few weeks for Bitcoin. Good luck.

PonziCandle

If we fail on the 1 minute here, we should see the target reached.

PonziCandle

Let's retest a little lower here and then send it for a nice birthday pump XD, ok. I have partial TP's along the way, and a slightly wider stop. It's still 3:1 risk reward which should be a minimum to open a trade. I'm willing to go against the majority for this trade, it will be good when it happens. Not financial advice. Please use risk management, its the...