SthembisoPhokane

SthembisoPhokane

am not that good in elliot wave just know some basics but this looks like a proper wave count ticks all the rules after the 5th wave you get your abc. looking at the monthly graph there is a triangle trying to break. july is alost closed so this pair is 1 to watch

SthembisoPhokane

made a channel usually it means we will see selling pressure. keep an eye on 4hour time frame , if it doesnt give sell signal then il just leave it be

SthembisoPhokane

is this a small flag read to go up? lets keep an eye on this

SthembisoPhokane

it looks like a channel is playing out. keep watching this pair

SthembisoPhokane

the highlighted zone is were trend traders normally look for buys if they see price action

SthembisoPhokane

something to keep your eyes on, last week it really got my attention o shorts but this week its been bullish so lets wait for price action

SthembisoPhokane

i know some people dont like trading this pair but truly speaking its worth a look when you can make some thing out of it

SthembisoPhokane

this is a long channel thats been playing out since last year so it might be helpful to draw it on your screen to guide yourself

SthembisoPhokane Updated 

with strong buyers coming in yesterday, i would say i would be looking to buy this tomorrow but this is not investment advise. i use my own stratergy

SthembisoPhokane

just showing some levels to look out for if this current level doesnt hold. this is a weely TF

SthembisoPhokane

is the market trying to make a small head & shoulders pattern up to 13309 before down movement? is it still gonna rocket high after that down movement or carry on down? ill keep you updated follow me

SthembisoPhokane

will it make a falls breakout downwards 1st before it rockets up? lets keep our eye on this

SthembisoPhokane

areas that you should be looking at for S&R

SthembisoPhokane

markets have been range bound since the start of the year so will we be looking at a bounce at support? lets wait and see

SthembisoPhokane

are we near breakout point we should keep an eye this one

SthembisoPhokane

is this making a flag so we can short?

SthembisoPhokane

i think if the daily candle closes bullish we will be looking at hitting resistance

SthembisoPhokane

ON RESISTANCE WITH PIN BAR