Innocentmaponde

Innocentmaponde

Broke out of descending triangle chart pattern, came for a retest, rejected, and looks set for a move lower. Also have a 'death cross' of the 50 and 200 day moving averages. Short for a move to 1.3000

Innocentmaponde

The pair seem to consolidating for a move higher, on the daily timeframe. A breaks out of that flag formation targets 2.0000

Innocentmaponde

VIX breaking to the downside of a bearish descending triangle chart pattern. Short term target is gap close around 17/18. A bearish VIX supports a bullish bias/sentiment for Equities.

Innocentmaponde

Inverse head and shoulders on the AUDUSD weekly, targeting 0.8000

Innocentmaponde

EURUSD bulls managing to push the pair to a monthly close above a 12 year downtrend resistance. That should open up 1.2500 as next long term target. I would monitor the lower timeframes for entry though, as a pullback may be due on those lower timeframes.

Innocentmaponde

Gold breaking out of a consolidation range, on what looks like a potentially uninterrupted run to 1900.

Innocentmaponde

DAX breaking out of a technical ascending triangle chart pattern on the daily, on what looks like a rally to ATHs. My 'conservative' target; 15,000!

Innocentmaponde

Breaking to the downside of a H&S chart formation; short term target is R650; otherwise expecting R400/R500 in the medium-long term target.

Innocentmaponde

EURUSD seem to be over-extended around current levels, and may be due for a bull-back; but the daily chart is showing bulls may still have a case to prove. If confirmed, this bullish set up has a measured target of 1.1600. I'm using a provisional stop loss of 1.1150.

Innocentmaponde

HAR breaking out of a bearish technical set up on the daily chart. Also flirting with the psychological 'last defense line'; the 200dma. If confirmed, 1st target will be 45 followed by 40

Innocentmaponde

Bearish bear flag on the daily chart. Short for a target of 2700.

Innocentmaponde

Price breaking out of bear flag chart formation in early trade today. Downside target is R190.

Innocentmaponde

Bullish set up on Platinum daily chart, targeting 950.

Innocentmaponde

Price breaking out of incline resistance on daily chart. If current risk-on sentiment sustains, we may see 120, followed by 130.

Innocentmaponde

Bear flag developing on the daily chart; if confirmed, measured target is R191.

Innocentmaponde

Bull flag developing on Implats daily chart, if triggered, measured target is around R155.

Innocentmaponde

Bullish looking ascending triangle chart pattern on Exxaro daily chart; provisional levels on chart.

Innocentmaponde

Inverse H&S on the VOD daily; if confirmed, the measured target is around R147.