ruanimmelman

ruanimmelman

Hey guys. There is a nice sell setup on USDZAR. Price has come up to important level that has been rejected twice. The Stochastic/RSI indicator is also showing as overbought. This is a longer term trade which could take up to a few weeks to complete. Good luck and remember, risk management is key. :)

ruanimmelman Updated 

Buy opportunity on AUDUSD. Price has reached an important support level that is being tested for the third time. We could see a nice bounce from here to start an uptrend. The RSI/Stochastic is oversold which is also another indicator of price that could go up. As always, use proper risk management as no trade is predictable. Good luck! :)

ruanimmelman Updated 

Price came up to a previous resistance level and formed a hammer candle indicating price is ready to head back down. RSI is overbought that is also a signal for a sell. Good luck friends. :)

ruanimmelman Updated 

Went short on USDZAR. We can see the downward trendline being respected and have yet to be broken so more bearish momentum is expected. We have also reached a nice zone of support and resistance to set up the sell. Once again, only risk what you are comfortable with as no trade is certain. Good luck! :)

ruanimmelman Updated 

Broken trendline on the 1h timeframe. Also reached an important resistance level. Finally we can see a good candle close indicating some selling pressure. I have opened a trade, will update as we go along. Good luck!

ruanimmelman Updated 

Looking good for a sell. Please use proper risk management. Good luck :)

ruanimmelman Updated 

Back again with another sell on GOLD. We have multiple signals telling us that price has the potential to go down. Fib level, trendline, resistance. As always, please use them risk management fam.

ruanimmelman

Gold failed to break the 1450 mark which has formed our support base for the trade. I am entering a long trade with a good RR ratio. PLEASE use proper risk management since we are in an extremely volatile state.

ruanimmelman Updated 

Price is looking like it has some downside potential. The bull spike from yesterday was due to the US Fed decreasing the interest rates. I think Gold will continue it's bearish run since all the noise from yesterday should have settled. Always remember to have a stop loss in place and try not to risk more than 2% per trade. Good luck!

ruanimmelman Updated 

Opening a short position on Gold. Use proper risk management if taking any positions. It's very volatile due to the Corona Virus threat.

ruanimmelman

Short @ resistance. Long term swing trade.

ruanimmelman Updated 

Short @ resistance

ruanimmelman

Triple bottom formed. Broke trendline and retesting. Bounced off the 61.8 fib. Plan: I will be waiting for the daily close and entering a long after. 1% Risk. Good Luck!

ruanimmelman

Broke and retest of trendline on the daily chart. Purely technical. Let's hope Korea does not fire any more missiles. :)

ruanimmelman

Price is in range of a sell. It is supported by resistance and Fib level.

ruanimmelman

Details on chart.

ruanimmelman

Price reached strong resistance level. Expecting price to respect resistance and go down to the 1196 level.

ruanimmelman

Thank me later. :)