Trader-Dan

Trader-Dan

- 200ma is pointing upwards and price is above - Price has returned to the trendline which coincides with horizontal support of a flat-top triangle - Stochastic is oversold - SL below 200 moving average (Daily) JSE:GLPROP

Trader-Dan Updated 

Nice move down towards our target area . - A small recovery bounce is likely at the level but shorts are still favoured. Original idea in the link COINBASE:BTCUSD COINBASE:BTCUSD

Trader-Dan

- Trend is up - Price came back to test the breakout area and consolidation zone - SL below the - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Price is above the 200ma - favouring longs on the pair - Looking at a measure move towards 150 - For a less agressive entry, wait for the hourly break of 141.53 / S: will be placed below the consolidation area FX:GBPJPY - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Just an observation - Great example of a failed pattern playing to the opposite side - Buyers stepped in above the right shoulder while shorts covered...

Trader-Dan

- Price is finding support at trendline / 100ma on the 4 hr chart - SL below R43.75 - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice. JSE:CCO

Trader-Dan Updated 

SIX:NOVN - Price has retraced to the major trendline & 200ma - A break of the daily downtrend would confirm a good entry to get on the trend - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan Updated 

- Big move this weekend by the bulls to retest the break - Opportunity to get back in on the shorts - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Price is in a solid downtrend - Broken down out of a bear flag - JSE:SAP - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- In my experience, these gaps in forex are almost always closed at some point... - Technically the picture looks good for this to happen in the short term, DBL bottom (W) has formed and price is broken out of its short term range.

Trader-Dan Updated 

- Last week ended with a nice bullish candle with volume - Possible double bottom has formed - Aggressive entry will be to go long at current price or wait till price closes above R58.75 on the daily timeframe. - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan Updated 

- US Markets are making new highs and looing very bullish. - Measured move targets the top of the channel.

Trader-Dan Updated 

- The index has formed a double bottom at the 0.618 retracement level - Continued dollar strength will target the breaklevel of the recent uptrend TVC:DXY

Trader-Dan Updated 

- ALSI hit full target - Looking overbought here - Expecting a breather for the bulls JSE:J203

Trader-Dan Updated 

- Price is at a trendline support - Divergence has appeared on the stochastic oscillatior. - Looking for a bounce to revert to the mean - SL & TP on chart - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

JSE:MSM - Reversion to the mean trade - Price is breaking out from its consolidation - SL Below R38.11 / TP R65.35 R/R 1:2 - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Bullish cup and handle playing our - 1st Target as been met (Flag breakout) - Targeting R155 zone JSE:SHP - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Always follow the charts and price structure - Price generally has news already "baked in" - Watching what we do at the R14.77 zone (0.618 retrace)