siya_south

siya_south Updated 

the market is currently in an ascending channel...bullish confirmation would be a break above the 1h counter trendline

siya_south

on my previous analysis on clicks i identified a beautiful inverse head and shoulders which played out nicely...so what now ?..well i can see another inverse head and shoulders pattern and to confirm it we have to wait for the market to break this current neckline which could see the market rally to the upper end of the channel

siya_south Updated 

on this chart i have a bullish bias...when looking at the weekly chart we can see that the market has been in a uptrending channel of which the market broke above and turned the resistance into support.. i am now waiting for the the market to break above daily resistance and look for counter trendline break bullish on the 1h

siya_south Updated 

bear flag pattern. i am ecpecting this market to test the lower end of the daily channel and if that fails we might see a massive selloff

siya_south Updated 

greetings i have seen a beautiful confirmed inverse head and shoulder pattern...plan wait for the market to pull back and test the neckline we can use the previous shoulder as stoploss ....you pay less at clicks

siya_south Updated 

on this chart we have a triangle pattern..which was broken at first and the market failed to stay above the resistance which signified a false breakout... my plan: go to the 1 h chart and wait for the market to break below the trendline...alternatively for investors : wait for the market to test the lower end of the pattern

siya_south

what we currently have on ssw, is the market testing an important resistance of which the market has a history of falling when touching ...in order for buyers to continue with momentum price has to breach the resistance and turn it into support which is when i would start buying ...if however the market fails to break this level and closes this week/month below we...

siya_south

we trade what we see not what we see...i have been looking at this stock since last week and with what i can see from structure is : in order for the buyers to maintain control....the market must 1. close above the trendline with the weekly candle (which i believe is the line in the sand for buyer atleast in the short term ) 2 we get price action confirmation from...

siya_south

greetings...as most of us have been in denial hoping the fed will keep swooping in and pumping up the stock market but what we see every day are new lows ...if you look at the weekly candle from last week we can see a bearish engulfing candle...what i am arguing is, these are not levels to buy in just yet, i think we might see further decline... taking new...

siya_south

greetings trade setup i took this morning...i will add short positions by fading rallies

siya_south Updated 

greetings guys ..i haven't been posting because i was trading off my phone and now im back to usiing my laptop...im expectiong oil to close the 41$ gap

siya_south

my plan on ssw is to wait for a possible break of support and wait for the market to turn the support into resistance which would confirm the head and shoulders pattern, if however , the market decides to hold support, a break of trendline bullish in the lower timeframe would confirm further upside

siya_south

This is one of my favorite equities i believe the worst is over for vke afrter testing its all time lows and a hammer candle at support can be a start a good bullish run.. I prefer buying shares rather than trading it as options

siya_south

my plan on dax30

siya_south

the false breakout of the 61.8% fibb (daily chart) shows signs of the market retesting the the 50% level (daily) chart ..so my plan is to short the market using good risk reward ratio and good equity management if the market breaks out above the 61.8 my setup will be invalid I will personally trade micro cfds on this market if your broker doesn't support micro...

siya_south

the market has broken the ascending channel to the downside i will fade rallies and tp at the 50% level my sl will be above the 61,8

siya_south

my plan 1. allow the market to clearly brake the counter channel and retest in the 1h chart 2 .sell with good risk management

siya_south

This is how i am planning to trade this asset: 1 wait for the test of the previous resistance and turn it into support 2 switch over to a smaller timeframe (1h) and look for bullish confirmation before entry 3 use good risk management if the market goes lower and closes below my setup would be invalid and i will have to re evaluate the market