Trader-Dan

Trader-Dan Updated 

Another JSE casualty... Targeting R153 zone

Trader-Dan Updated 

Price closed below the symmetrical triangle pattern and is currently going to retest the break. Failure at around the R15.28 zone will signal further strength for the ZAR. Stochastic on the daily has also been overbought and sloping downwards.

Trader-Dan

SHOPRITE back to lows last seen in 2015... no position

Trader-Dan Updated 

Following on from the previous analysis, bulls have come back fighting and the $11000 remains a key level to stay above. What is also developing is a symmetrical triangle which with a break tot he upside will set the stage for the next leg up.

Trader-Dan Updated 

SASOL back at 61.8 retrace level. Possible short entry here if candles confirm!

Trader-Dan Updated 

Hourly symmetrical triangle has developed on USDZAR ... The bigger picture is still LONG

Trader-Dan Updated 

TOP40 has closed under the 200ma and formed a massive double top which has a possible downside target of 5000 points. Price will likely go test the 200ma level again before continuing a move down.

Trader-Dan

Price closed below the $11000 mark yesterday, bulls needs to make some ground today else there will be further downside going forward.

Trader-Dan Updated 

Price has retested the breaklevel and targeting R265 (head & shoulders pattern and 200ma weekly level) . A close above the daily 200ma will be warning of a possible comeback by the bulls.

Trader-Dan

Bitcoin back to its important area of demand around $11000, a chance for new buyers to step in!

Trader-Dan

USD/ZAR looks set to test the R15.70 zone, momentum is strong, stochastic is overheated so expecting some corrections on the way.