sanelemakhoba

sanelemakhoba

Waiting for a third bounce reaction near the recent higher low flip zone. We expect price to create a new monthly high and close of the current financial year of 2023/2024. We expect price to also complete the elliot wave count and establish a new lower high near or above new resistance point and establish a new weekly high, also a clear retest of the high.

sanelemakhoba

Lower high retracement near a high probability fib zone, with the uncertainty in the Middle East carrying on this could lead to a decline in the demand of oil and the green movement because EV vehicles are charging much quicker because of innovation which can cause the price of oil to experience a decline.

sanelemakhoba

Price are retracing to a new lower high as the CAD in good momentum at the moment , with energy prices increasing including gold all of which have a positive link towards the currency in the short term. Waiting for wave completion near Fib zone and a clear sell signal

sanelemakhoba

With the uncertainty looming around with elections happening this year in May it is best to wait until the everything settles, Pick n Pay still has customers who are or might be still loyal to the brand because of what it delivers and their smart shopper systems which people have and understand. The share price has been falling due to working conditions like heavy...

sanelemakhoba

Price is trending above the recent lower high , also above last week's high and above yesterday's high and price is near recent resistance zone. Expected TP is 1.06684. I also expected a mid week reversal during today's New York session.

sanelemakhoba

A triple top sell signal at resistance is what I what I first noticed about this pair, the resistance point near the recent higher high could be a signal for a sell for the medium term, the uptrend channel is what could be retested or a fake out could occur which would be a signal that price is still trending upwards. Our elliot wave count analyses could suggest...

sanelemakhoba

Expecting a action near 0.50 zone , with a clear bullish signal to for confirm a clear indication, near round numbers. A clear price action with clear bullish signals could be a sign of a clear continuation of the upside coming into the new month.

sanelemakhoba

Following the trend , price seems to at the lowest level where recent support was established , but waiting for a clear reversal signal with clear confluence , near 65.82 . Following wave theory price could over extend to that zone and clear price pattern structure could mean a clear reversal, with a flip in price near (@67.07, the recent lower high) in the lower...

sanelemakhoba

Waiting for a clear sell signal near resistance (98.843) in the lower timeframes , expecting price to reverse to the down side for the mid-term near last week low (@98.027) , if a they is clear breakout the next expected point for support is near the price level of (@97.048).

sanelemakhoba

Waiting for a clear sell signal near higher high price level (93.423), Clear sell signal is expected either double or triple top with clear RR , hammer or any reversal candle sticks to confirm. Price could also extend but , the Yen has been over sold while commodities prices have been steadily increasing. The Yen is also a safe haven currency but Japan has a...

sanelemakhoba

Our resistance point is the high of Q4 (R19,6282) which is also the head of the head and shoulder pattern. Looking at recently a AB=CD pattern could complete near the recent higher high which is also last weeks high, and I'm expecting a sell signal could mean a possible reversal to last week low ,which is also the recent higher low (R18,81728) however a possible...

sanelemakhoba

Expecting as continuation in this, because of a clear harmonic pattern and expecting price to to make a new lower high before expecting a down turn reversal near price of (1.09028). Stop Loss @1.07961 and t.p @ 1.09028. Expecting price to trend in direction of the pattern.

sanelemakhoba

Waiting for a possible sell signal to near recent high which is last week high, and new Lower High. A rising wedge pattern structure is a confirmation that they could be a possible reversal in play. Waiting a sell signal mid week a source of confirmation. Entry @ 1.94462 S/L @1.94762 T.P @ 1.91927

sanelemakhoba

Breakout of downtrend channel , now a retest is expected to confirm a new trend bias , for the short and mid term before the Quarter ends. Entry price @1.09945 S/L @ 1.09645 T.P @ 1.11543

sanelemakhoba

Breakout and waiting for a retest for entry as confirmation of a uptrend