Kamo_Zelo

Kamo_Zelo

Capitec Bank share price just reached a resistance level on bigger time frames like the daily, with addition to the weaker Rand after the unemployment news release stats as well we just saw the price breaking and testing below the trendline, the share price may go down to just over a R1000 as stated on the chart analysis but it may bounce long again. Contact me...

Kamo_Zelo

Price Action Short Contact me via email for one on one financial markets consultation kamogelok(at)gmail(dot)com ;)

Kamo_Zelo

USDZAR just finished a retest for a quick short

Kamo_Zelo

Big opportunity to short

Kamo_Zelo

We see a head and shoulder developing on a USDZAR daily chart, we anticipating for a small buy before the big drop, see the targets on the chart.

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we going down

Kamo_Zelo

looks like we could be in for a small short

Kamo_Zelo

on bigger time frames; daily and weekly there is a bounce which shows that it's a major support around 1.11873, it did not break below and opened another candle stick with a bullish one on a weekly and daily. the hourly time frame also shows an opportunity for a long.

Kamo_Zelo

targets are on the chart

Kamo_Zelo

inverse head and shoulder

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Bearish head and shoulder

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on the daily and weekly it just hit the support level of the retest

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last batwing formation completed , anytime from now stock might go south.

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Head and shoulder completion

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With the local ZAR currency weakening due to political and economic uncertainties, there's an opportunity to go long in a global company like NPN.

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Targets described on the chart

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Short Opportunity just after the triangle breakout

Kamo_Zelo

Sell EUR to complete Batman's logo :)