iamkhotso

iamkhotso

Mark Zuckerberg's recent announcement that Facebook will be renamed Meta has sparked a lot of buzz around the topic. The metaverse is an iteration of the Internet portion of virtual reality often in the form of social media. The metaverse in a broader sense can refer not only to virtual worlds governed by social networks but to the entire spectrum of augmented...

iamkhotso

Palantir believes its data mining platform -- which already serves dozens of government agencies -- will become the "default operating system" for data within the U.S. government. It then expects that battle-hardened reputation to draw more enterprise customers to its platform. Palantir actively makes the strategic partnerships step by step. About the AlixPartner...

iamkhotso

What are the factors affecting the USD / ZAR this week? Risk sentiment will play a large part in the USD / ZAR . Last week saw traders pull away from safer currencies such as the USD, indicating a risk-on sentiment was prevalent in the market. Over last week, coinciding with the start of November, the USD depreciated by 1.427% against the ZAR, squeaking below...

iamkhotso

$BTC to 90k or #tothemoon? I am super bullish on #Bitcoin at 58k. China just gave what could be the ultimate #bitcoin discount of the century.

iamkhotso

GBPNZD: trade setup. Looking at shorts around 1.9650. SL will be 1.9715

iamkhotso

OIL is trading in a strong uptrend And the price broke a strong key level recently Now, we are seeing a pullback and a retest Of the level, that became support This is a classic bullish setup And I think that there is a good chance To see oil moving higher

iamkhotso Updated 

GU has created a double top with what looks to be bearish presence around the 1.365 area. 1.365 being a psychological level also favours the downside as it acts as a strong resistance.

iamkhotso Updated 

Bearish Elliot sequece in play with 5 wave bearish pattern.

iamkhotso

Lokking for potential shorts at the resistance zone . Waiting for the bulls to get exhuasted DXY gives away part of the recent gains and looks to 94.00. US 10-year yields appear consolidative above 1.50%. Challenger Job Cuts, weekly Claims next in the docket.

iamkhotso

Lokking for potential longs at the support zone. Waiting for the bears to get exhuasted. EUR/USD is trading above 1.1550, paring some of its losses as the safe-haven dollar retreats. Congress is set to delay the debt ceiling deadline and a summit between US and Chinese leaders is planned. Russia's promise to provide more gas to Europe supports the euro.

iamkhotso

Here is an example of a possible long trade. The trading idea is based on a trend reversal at the support zone . The price and RSI formed a bullish divergence . The price broke the local downtrend line. MACD is bullish . If the buyers can keep the price above the support zone , we should be ready to see an upward movement to SMAs . Buy above 1.80450 Stop below...

iamkhotso

The market should be added to a watchlist. The price is moving sideways in the borders of a triangle chart pattern. It means we can use the borders of the triangle and trading reversals. For this, we should use lower timeframes for searching for exact entry points for long and short trades. If the price breaks the resistance line, which is also a weekly downtrend...

iamkhotso

Short opportunities at the supply zone. Waiting for a proper signal.