OfentseRamalope

OfentseRamalope

i see that it is at a pullback area for a continuation of the downward movement so it can do a full downward pullback to the previous resistance (now support area) - also see a head and shoulder on a smaller timeframe indicating a possibility for a downward movement.

OfentseRamalope

same as the nzdusd i see a pullback to a strong buy level before it goes up

OfentseRamalope

I see the market pullback to a strong support level before going upward to reach the next level

OfentseRamalope

This is a possible short to the downside level 15000 where it should retest the continuation flag is broke.

OfentseRamalope

Early morning practice analysis

OfentseRamalope Updated 

There is a clear upward movement exaustion on the resistance of the channel. On M15 the is a pullback to the neckline of the double top. Uncertain about outcome however i assume a short.

OfentseRamalope

just an idea

OfentseRamalope

Here is a layout of 2 possible entries.

OfentseRamalope

Long after the retracement to the previous broken zone. Only enter after confirmation.

OfentseRamalope

just observe

OfentseRamalope

Based on the analysis done over the weekend, On the 4H timeframe it has pulled back to a previous level that is now a support. Now it left a Pinbar Candlestick on the timeframe. Adding to that there is a morning star confirmation on H1 and a pullback to the double bottom neckline.

OfentseRamalope

short

OfentseRamalope

not a short

OfentseRamalope

another short trade

OfentseRamalope

not a short trade

OfentseRamalope

not a short trade

OfentseRamalope

not a short trade

OfentseRamalope

a long position