Daily is showing a hammer pattern at a previous structure high, a sign that price might be reversing. Will be looking for confirmation to go SHORT to target a confluence of flip zone, fib 61.8 and bullish trendline.
DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not...
Price is coming to an important structure high and last week price action is showing me that Bears are starting to show interest(the long lower wicks that cover the lower range of the previous candle) but Bulls are not giving up without a fight. Will be watching this closely for a potential SHORT trade.
DISCLAIMER:
Any opinions, analyses discussed in this...
Price been looking Bullish in the past 2 weeks. Will be looking to go LONG to target Fib 61.8 of the major down swing
DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which...
ZAR/JPY, D1 chart.
This is for Ichimoku fans :)
Today or as of this moment or time, Price is sitting at the Kijun Sen (Baseline) and basing on the last candle we can see that there is lack of movement. Kumo is predicting an upward continuation but I think it will be safer to wait before placing a trade until we see some movement. If you are already holding a...
ZARJPY on a down trend with a double top on an important resistance + Hanging man rejecting the area.
Waiting for the restest of the hanging man to get the best price
Price dipped below the support but has begun closing back above. I will zoom into the M15 MS and try to find a slightly lower entry to yield a 2+ RR to Daily resistance.
