Kgaugelo97

Kgaugelo97

USDCAD HAS PROVIDED US WITH A FALLING WEDGE AND IS CURRENTLY RETESTING PREVIOUS LOWS HENCE WE LOOKING FOR MRE MOVEMENT TO THE UPSIDE

Kgaugelo97

PRICE IS CURRENTLY AT A SIGNIFICANT DAILY ZONE WHERE WE EXPETING TO GO SHORT AS PRICE HAS BROKE OUT OF THE ASCENDING CHANNEL HENCE WE LOOKNG TO GO SHORT

Kgaugelo97

WE HAVE A TRENDLINE BREAKOUT AND PRICE IS CURRENTLY FORMING A RIGHT SHOULDER SO WE LOOKING FOR MORE MOVEMENT TO THE DOWNSIDE ON USDZAR

Kgaugelo97

PRICE HAS BEEN MOVING IN A DESCENDING CHANNEL AND HAS FINALLY BROKEN NOW WE CAN SEE THAT WE FORMING A CLEAR INVERSE HEAD AND SHOULDER PATTERN GIVING US MORE CONFIDENCE TO GO TO THE UPSIDE

Kgaugelo97

ANTICIPATING UPSIDE MOVEMENT TO THE ASCENDING CHANNEL TRENDLINE BOUNCE.

Kgaugelo97

Once we break the correction flag pattern we will be going short till the next anticipated trendline bounce.

Kgaugelo97

We have two scenarios for both buyers and sellers , we expecting upside movement to the anticipated double top area as shown on the on the chart and sellers to come in exactly on the double top or push a bit higher to test the anticipated 3rd touch for sellers to come. #GameOfProbabilities

Kgaugelo97

WE HAVE A TRENDLINE BREAKOUT AND A PULLBACK HENCE WE LOOKING FOR LONG OPPPORTUNITIES

Kgaugelo97

PRICE IS APPROACHING A HIGHLY REACTIVE LEVEL WHERE WE WILL BE LOOKING TO GO SHORT

Kgaugelo97

PRICE HAS BEEN MOVING IN A ASCENDING CHANNEL AND BROKE OUT AND RETESTED HENCE WE LOOKING FOR SHORT OPPORTUNITIES SUPPORTED BY THE TRENDLINE ACTING AS A KEY LEVEL

Kgaugelo97

PRICE HAS BEEN CONSOLIDATING AND BROKE THE STRUCTURE TO COME BACK A RETEST HENCE WE LOOKING FOR SHORT OPPORTUNITIES

Kgaugelo97

PRICE HAS BEEN MOVING IN A DESCENDING CHANNEL AND HAD PREVIOUSLY TOUCHED A SENSITIVE LEVEL THAT IS VERY REACTIVE HENCE WE LOOKING TO GO LONG

Kgaugelo97

PRICE HAS BROKEN OUT OF THE DESCENDING CHANNEL AND HAS RETESTED ON THE 61.8 FIB LEVEL AND IT IS NOW CURRENTLY CONSOLIDATING TO GAIN ENOUGH TO PUSH TO THE UPSIDE

Kgaugelo97

WE HAVE AN INVERSE HEAD&SHOULDER AND ALSO A CONTINUATION PATTERN SO WE LOOKING TO GO LONG FOR A SHORTWHILE BEFORE LOOKING AT GOING SHORT

Kgaugelo97

PRICE HAS BEEN IN THE DESCENDING CHANNEL AND IS HEADED FOR A PREVIOUS AREA THAT IS VERY REACTIVE AS SEEN IN THE PAST

Kgaugelo97

BUY LOW SELL HIGH SETUP WE WILL BETAKING ADVANTAGE ON BOTH BULLS AND BEARS .. BUYING AND DEMAND (PROJECTED RIGHT SHOULDER BOUNCE) AND SELLING ON OUR SUPPLY AREA.

Kgaugelo97

SIMPLE AND STRAIGHT FORWARD SUPPLY AND DEMAND

Kgaugelo97

WE WILL BE LOOKING FOR SELL AT OUR SELL AREA WHICH HAS A DOUBLE TOP FORMATION TO FORM + SUPPLY AREA THAT IS FRESH NOT TESTED YET WHICH MAKES US MORE CONFIDENT ABOUT THE TRADE WE WILL BE LOOKING FOR SELLS, APPLY GOOD RISK TO REWARD RATIO AND LET IT RUN TILL OUR TARGET ONCE TRIGGERERD