- Finding support on the 100ma and currently above 50ma (4HR) - Target a move to R16.32 - Stop Loss around R15.46 - R/R is 1.5 - Weaker dollar will aid Financials - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- Above 200ma - Break of symmetrical triangle FX:USDTRY - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
JSE:PSG - Price is looking bullish - Cup and handle pattern - First target R226 then R237 - Close below R208 zone will negate the picture - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- Possible trade lining up here, be patient and wait for the break to confirm . - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
JSE:MRP - Price is finding support at previous lows - Tendency will be a bounce to the top of the falling wedge and possible break of it... - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
JSE:TKG - Price has retraced to the 0.618 level of the last move. - Weekly trendline support / Stochastic oversold - On watchlist, will wait for price action to confirm a long entry.
-Trend is bullish -Bull flag -SL & TP on chart FX:EURAUD - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- Trend is down - Price action showing rejection on the 4hr chart - Stoploss : 82 zone - Targeting: 79.50 area MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
NYSE:DIS - Price formed a nice head & shoulders and has been rejected from the neckline - Targeting gap close - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
As per previous posting - BRAIT JSE:BAT broke out from the flat top triangle but was met with resistance at the 100ma - Trade closed by trailing S/L - Will be watching where in closes today for further clues.
As per previous analysis, BITCOIN continues to move to the downside and has closed below the 200ma on the daily which adds to the bearish outlook. COINBASE:BTCUSD - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- The $11000 zone continues to be a area of resistance while $9300 is providing support. - Last week's breakout was short lived but the trade is still relevant unless price breaks thru and closes above $11000.
- Price is approaching a strong downtrend resistance area. - Trend is still down on daily 200ma - Wait for a confirmation candle to print on the 4HR chart to confirm selling pressure - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- Daily kumo cloud providing support - bias is longs on the pair till R14.90 - R15.00 (breakzone) FX:USDZAR
FX:GBPCHF - Reversion to the mean trade / Counter trade - Weekly downtrend has been broken. - SL and TP on the chart. - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
ASSORE is lookng to close the week with bullish 'hammer' candle on a supporting trendline. JSE:ASR
- Price has re-captured the 200d ma - Flat top triangle breakout on Daily - SL below 200ma - Manage Risk - Disclaimer: This does not constitute financial advice and all trades are my opinion. LSE:VOD
FX:USDZAR Breakout of falling wedge TP & SL on chart - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.