Timonrosso

Timonrosso

Trades don't always work out. The trick is to prepare for not only the stop loss to be hit but also the counter action immediately afterwards at times. So in this case, the false break below lead to a rounding bottom and following another higher rounding bottom If it breaks above, we will be stopped but the next trade will be imminent for a long position....

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W Formation & Falling Wedge has formed on City Lodge. We haven't had a strong breakout so the consolidation range will continue as it is... We need an imminent breakout before we jump on this one. Target R5.35

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Nampak W Formation broke above the neckline and rallied in a few short days to the first target at R271.81. Now there is no breakout pattern emerged but there is a Regression channel showing a trend. With an uptrend line. Below the uptrend line is the safety like which means, we can expect the price to continue up for now until it hits the target at...

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Stop Watching Your Trades All Day Have you ever found yourself glued to your screens, watching every tick of the market, and feeling the stress levels rise? If so, you’re not alone. You might find it productive and what is essential but it’s actually a more dangerous habit than you might think. Watching every tick will rise your cortisol (stress) levels. It...

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When you use longer time frames, more patience is required for the play. We've seen since Early 2022, the price started forming a Rounding Bottom. It completed on 7 March 2024. Then was the consolidation period where traders are freaking out and calling it the next Crypto winter. But in the bigger scheme of things it's just where demand and supply is...

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Potential Inv H and S has been forming since September 2021. Mr Price, has tested its lows at R125.00 multiple times, and the price continues to rocket up. It now needs to form one more shoulder, higher low and cross above. And we could see Mr Price at R305.37 by 2025. NATURE of the analysis: High Probability Price>20 Price>200 Target R305.37

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Cup and Handle formed on Northam and the momentum is looking good for upside. As many brokers and market maker in SA don't allow trading PLatinum, the only next options we have are platinum stocks. So this one is one that is almost mimicking the precious metal. We are seeing price above 20 and 200MA. And this means it's a High probability analysis... Target R167.75

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Patience isn’t just a virtue. Patience is your portfolio’s best friend. Now you might think that patience is just sitting on your hands and doing nothing. It’s not! It’s about taking the time to prepare, analyse and wait for when the moment arrives. And that’s why you have to keep your eyes peeled and ready to take on the big bad market. So here are 5...

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Broadening Pattern has formed with Capitec. When this pattern forms it bounces between ranges. Right now it bounced off the top of the range, and is most likely to come down 50% from the most recent rally. Once it comes down to a target of R2,400 then it could consolidate move sideways and then breakup to the next target at R2,900. This is a little...

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EUR/CAD has been forming a large Symmetrical Triangel since April 2023. And now, the price is moving towards the apex. Once we get a strong breakout above we could see the EUR/CAD rally big time up to EUR 1.5810 First we wait then it breaks!

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Regression Channel (Trend traders) This is a channel that picks up the support and resistance of any trend. Clearly the trend is up, and the contination trend's momentum is strong. We can expect Netflix to rally further. Nature: High Probability Price>20 Price>200 Target $764.80

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Regression Channel is more for Trend traders and it's looking great. The price continues to move on the uptrend and as long as it does this, it will continue. Nature: High Probability Price>20 Price>200 Target $215.51

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W Formation formed on Microsoft. The price broke up and out of the formation and now it's heading on up. We see a similar trend with Apple and the Nasdaq so they are all following suites. NATURE: High Probability Price>20 Price>200 Target $571.86

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W Formation formed on Apple and the breakout was strong and confirmed. With the momentum up and the strong demand and buying, we can expect this market to rally up. Nature: HIGH Probability Target $301.56

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Inverse Cup and Handle formed on Anerican Airlines since 27 July 2020. The price still needs to break below the brim level, but it's looking really bad. Nature: High Probability Price<20 Price<200 Target $6.04

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M Formation is potentially forming on GBP/AUD It has been shown a sideways notion with a consolidation range more than a trend. But if the price does break below and strongly, we could see the GBP tank against the Ozzie. First target will be around 1.8173

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M Formation is now turning into a W Formation We never had the break down and now it is looking up, along with the platinum price. So we need to adjust course. Now we are waiting for a breakout above the Neckline of the W Formation then the next target will be around R126.27 Nature: High Probability Price>20 Price>200

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Platinum analysis is looking great for a (Long) Buy And I am sure many platinum companies will follow with it. Pattern: Cup and Handle - Broken above Falling Wedge - Broken above Entry 1,019 Stop loss 971 Take profit 1,117 NATURE: HPT (High Probability Trade) Price>20 Price>200