TheGreatestMarketAnalyst

TheGreatestMarketAnalyst

Bearish Impulse complete, 3 wave correction hit the 61.8 Fib Level of Retracement, we are good to sell this and target equal leg to the previous impulse.

TheGreatestMarketAnalyst

I am foreseeing a bullish impulse here so currently the wave 3 is equal to wave 1 so I anticipate the pullback to give wave 4 then wave 5 which I assume will be a Double Tops pattern to correction of ABC.

TheGreatestMarketAnalyst

We are currently about to shoot up to the supply zone at QML then the equal drop will follow as per the chart.

TheGreatestMarketAnalyst

I am foreseeing a bullish pullback as Massmart might try save their selves but the further drop will still come in lter

TheGreatestMarketAnalyst

Here we are having a pullback of 50% of the Fibonacci Retracement and we can either place Buy Limits at that level or wait for the resistance breakout and buy towards QML

TheGreatestMarketAnalyst

Anticipating a bullish breakout to introduce buyers to the market

TheGreatestMarketAnalyst

Head and Shoulders

TheGreatestMarketAnalyst

Looking to sell this at breakout of that diagonal.

TheGreatestMarketAnalyst

I am buying here based on the previous demand, where buyers came in, which also is a shoulder for upside down head and shoulders pattern. Also based on Fibonacci retracement levels, we have just hit the 61.8% Fib Retracement zone. Target is 61.80 zone

TheGreatestMarketAnalyst

I am looking for this to go bullish towards "e" then drop from there to the lowest low it has.

TheGreatestMarketAnalyst

Currently trending within the bullish continuation flag, I am foreseeing more bulls coming in towards supply zone.

TheGreatestMarketAnalyst

This is currently on the demand zone where buyers came in previously, we looking for the supporting candlestick and we go bullish

TheGreatestMarketAnalyst

Im looking to sell the drop based on this pattern

TheGreatestMarketAnalyst

Looking for the next high to be a lower high than the previous significant high, then we drop as it shows more strength on sellers

TheGreatestMarketAnalyst

Once this draws below 3320 level, we are in with sellers as it responds to the supply zone at QML.

TheGreatestMarketAnalyst

I am looking at this as a buy, theres a flag, but as buyers gain momentum, I need to wait until they break the previous strong supply level then I buy to my target.

TheGreatestMarketAnalyst

We have a Head And Shoulders unfolding, currently around the Neckline, thus we looking for selling entries to the QML or the S/R Flip

TheGreatestMarketAnalyst

Bullish weekly