Mark_Reyneke

18:05

Mark_Reyneke

View Ideas on GBPJPY, mostly looking to long this pair with main target 143.700 plus This is my own opinion and should be traded as such. Long and Short Capital starting to build nicely reach out to us and give us a follow for a lot more things to come than just this type of analysis OANDA:GBPJPY

Mark_Reyneke

More downside coming up to XAUUSD before we enter a major long one position still running and waiting for the second trade to open below the line of rejection we saw on fridays close on the daily. A retest there and we are away for more downside possibly to about 1677. OANDA:XAUUSD

Mark_Reyneke

Good Day all, It has been a while, but we are approaching my last swing ideas final Take Profit zone as we have reached TP 5 at 10700. So now I am starting to prepare for my next wave. You will see I have included my full analysis on the Daily Chart however I am still expecting some Upside into the sell zone concluding our weekly wave 3 of The Elliot cycle. We...

Mark_Reyneke

Good Day all, It has been a while, but we are approaching my last swing ideas final Take Profit zone as we have reached TP 5 at 10700. So now I am starting to prepare for my next wave. You will see I have included my full analysis on the Daily Chart however I am still expecting some Upside into the sell zone concluding our weekly wave 3 of The Elliot cycle. We...

Mark_Reyneke

Good Day all, CURRENCYCOM:US100 Currently we have finally broken the middle Support trendline and we are so far just a few days from the market mover cycle finishing again as previously mentioned. We did reach our previous major swing very fast leading to consolidation for few days. I am currently seeing more short in the form of either straight down to bottom...

Mark_Reyneke

Good Day All, FX:USDCAD I am currently seeing some bullish momentum short term finishing off an inner smaller time frame flag within a longer term bearish trend. We had a pennant brake from the top which fell to a support trendline that held creating our current major flag, I am currently looking at an Elliot correction ABC wave finishing off which I am looking...

Mark_Reyneke

Good Day all, Here is my current analysis of the FX:EURUSD going forward. Please read the entire passage to understand why I am swing trading this majorly. We still have some bearish momentum shorter term left and therefore I have already cleaned up my charts, but there was 3 short opportunities within a longer term trend that is bullish. We are currently...

Mark_Reyneke

Good day all, Chart looks a bit confusing currently with the short and long positions, however please take note we have not yet concluded our short swing. I am however starting to prep for the Long Swing again with the buy zone coming up as seen on the chart with that Blue Box. What I am currently seeing is a trendline bottom to top that concluded with failure...

Mark_Reyneke

I have just finished my analysis and should these trendlines hold true we will see the new trend still bullish between these trendlines. I have for now currently my New buy zone at 9684 - 9585 with a stop loss at 9575, However I will personally be waiting for the touch on the bottom trendline and the enter with an open stop loss, I also on the side should i miss...

Mark_Reyneke

As we can see we have hit 2 Take profit zones from the major swing trade. We started to buy from 9417 to end up at the top at 10 300 I am now looking for more long with either a bounce from the 78(9955) or 61.8(9846) fib zone. We have seen some ranging again for last day and this to me has failed to close under the 9955 zone with brief touches lower on h4 before...

Mark_Reyneke

For those that took the trade that was a massive long and a good trade in the end 500 pips up easy. Lets see how the rest plays out . I have secured profits on the way up, Major watch zone would be the 10070 -10100 zone strong break there without fail and we will be testing the 10160 highs, should we break through we will be looking at long for TP zone 10200 -...

Mark_Reyneke

Firstly, this is an trade idea and any trades taking should be considered risky as any analysis can still be wrong unless completely proven right. I Have found a pattern within the market of Nasdaq that has played out perfectly within the last couple of week which a lot of people has been calling doomsday dumps, however to me it seems to be the market movers...