Vuyani_I_Phuma

Vuyani_I_Phuma

Once our M15 Bearish Resistance Zone is broken our bearish move will continue.

Vuyani_I_Phuma Updated 

in play: Range Wave Count (pending) Bearish Gartley

Vuyani_I_Phuma

Rising Megaphone + Bearish Gartley. Let's see what happens here.

Vuyani_I_Phuma

Just a mini observation. Pretty much Bullish on this index. Let's see how it plays out.

Vuyani_I_Phuma

I'm neutral on this one. On the hourly chart we have a Double Top pattern which is yet to break its respective neckline and a Bullish support trendline. On the daily chart we have a bullish unified gartley which yet to complete its DC leg and we have a bearish wave count analysis which looks set enter its 5th wave. We will wait and react to whichever side the market takes.

Vuyani_I_Phuma

we are currently in a bearish M15 channel that has been in play for around 2 and a half days. on the h1 we can see a shark pattern that is yet to be completed. it would be interesting to see what will happen here.

Vuyani_I_Phuma

another worthy watch. will the Head and Shoulders pattern complete?

Vuyani_I_Phuma

Bearish Channel on the Daily chart has been broken. Will the current H1 resistance hold?

Vuyani_I_Phuma

will the pair complete the Head and Shoulders pattern, or will it fail and test the Current Low Area?

Vuyani_I_Phuma

Just thought of highlighting these points!

Vuyani_I_Phuma

Before HnS pattern is completed we might see great resistance around 1.3982 area

Vuyani_I_Phuma

Neutral on this one. Just want to see where it goes.

Vuyani_I_Phuma

Random Idea

Vuyani_I_Phuma

As we watch and wait

Vuyani_I_Phuma

Waiting for the 4th wave to be completed then we can jump in for the 5th wave. i'm expecting the pair to retrace a bit deeper to the "area of interest"

Vuyani_I_Phuma

waiting for this pair to break the 103.85 Resistance, subsequently break our Bearish Daily Channel.

Vuyani_I_Phuma

- Bullish Elliot Wave Complete - Daily Bearish Channel Upper Resistance Holding - 103.85 Acting As Resistance For Bears - 103.275 First Target For Bears

Vuyani_I_Phuma

I see it ranging for a few weeks