siya_south

siya_south

just by using fibonacci we can see that the market broke above and found support on the 38.2 fibb level i will use the 1h chart for confirmation if i cannot get a bullish breakout i will consider the setup as invalid ...

siya_south

buy zone is confirmed through a breakout of the support ...be sure to check my previous analysis of this pair on the link below

siya_south

the market has returned back into the ascending pattern my plan ; 1 wait for daily close above the trendline to confirm 2.go on smaller time frame 1h and look for counter trendline breaks bullish 3 practice good R/R and equity management

siya_south Updated 

i will make an update on this stock when either bulls or bears take the cup...note in the weekly chart the market broke the trendline which we are testing ...so my bias is bearish...but thats not how trading works...we trade what we see not what we think

siya_south

counter trendline break on h4

siya_south

i have marked the area where i am planning to look for short positions i will use the 1h chart for counter trendline breaks bearish

siya_south

since last week silver market was moving sideways and finally we have a bullish break and now we have to wait for a low price to buy

siya_south

on this pair we have broken a triangle pattern to confirm bears in control we need a break of support and turn support into resistance...i am expecting the market to fall and close the gap

siya_south

in this asset we are in an acending channel do not buy high prices rather wait for pullback and use daily chart for accurate entry

siya_south

After a huge sell off the asset found itself testing 2005 highs and now decision time has come , the market is in consolidation...a break and close above support would be good news but break below will send us to ipo 2004 lows

siya_south

greetings ...it seems like we are entering another wave of selling ...the market opened with a limit down and from this point im looking for the close of the gap an then we short the market with good equity management of course

siya_south

my plan 1.I will Wait for the daily candle to close 2. I will go on the 1h chart and draw a counter trendline break above it would mean buyers are in control 3 .keep risk to a minimum you can also just buy equities break below would mean sellers are in control

siya_south

greetings as i have pointed out on my previous analysis of this stock the break of our first support would bring trouble and as the market has broken the uptrendline and keeps leaving gaps i foresee trouble ..i marked out possible supply levels with a blue broken line

siya_south

afrter the massive market selloff due to the increasing casualties of the coronavirus outbreak crude oil just kept falling ...now as we are a previously strong support we can expect buyers to come in a give some push prices higher ...we cannot be sure of anything just yet as there still is not cure for the virus a close above the supply line could indicate bullishness

siya_south

its bad thats all i can say i tried looking for support and marked possible reversals (support) but im expecting it to test the lower end of the channel the best thing is to sit on our hands

siya_south

we will wait for the market to make a low on the lower end of the channel or a counter trendline break and then enter

siya_south

greetings in this chart we have two possible scenarios if the weekly candle closes above the marked support i would take this market as bullish and draw a counter trendline on the daily chart but if the market breaks the support and turns it into a resistance i would sell the market to the lower trendline

siya_south

greetings i decided to do my analysis of this pair after walking these streets and saw this beautiful ascending channel with near perfect lows and highs