Mutobo

Mutobo

We are still seeing bullish momentum in the markets as kwacha is still loosing value againt the dollar, fundamentally/ economically the kwacha isn't performing well due to lack of proper economic activities in Zambia we will continue to see kwacha depreciate as there is a debt criss in the country and the government as of now is running low on reserves as they can...

Mutobo Updated 

We might see a strong buy side liquidity on USD/ZMW, W formation formed on Monthly Time Frame after price hit our MTG at k15 which is likely to head back to k22.50 Zone, it has also broken another liquidity zone (OB) at k19.28 meaning that we still have a strong bullish run, Price might be heading back to fill the VOID from the heavy sell liquidity we had from...

Mutobo

WE will continue to see an upward trend on USD/ZMW till K22.64, Once market reaches at this price we might start to see some appreciation in kwacha as price returned to fill the void that happened in 2021 from the huge sell, So if price doesn't start to retrace at K22.64 then we will see further buys till K23.00 so that BSL can be taken then we can see further...

Mutobo

UPDATE: Another setup/view on nasdaq using trendlines this time, you can check my previous analysis and see the 100% accuracy we had, waiting for price to break market structure at 15550 so we can officially go long

Mutobo Updated 

i'm seeing a swing trade on Nasdaq long term buy from current price 15400, My target is 15700, but price can come back and retest our daily orderblock or 50% of the daily ob at 15330

Mutobo Updated 

As predicted if price breaks K17.88 we'll continue to see a further sell side liquidity to K15.44 as we can already see a break in market structure as the kwacha strengthens.