Thapelo_Khubayi

Thapelo_Khubayi

Our analysis shows a price rejection at the highest resistance level which was retested last week. Gold shorts coming right up.

Thapelo_Khubayi

Although the overall direction is bullish, we have observed minor pull back to the 0.23 Fibonacci level allowing us to pick more buy entry points.

Thapelo_Khubayi

I have observed two entry points for Gold Fields, first one being the current trading price since its at a resistance level and closed the gap. Second being at the major resistance which is likely to dip to that level if it breaks the current resistance line.

Thapelo_Khubayi

After the trendline breakout , price broke down below 7585 minor support where today we observed a rejection to break the newly formed minor resistance (Above 7585). Price predicted to drop towards 7300 level.

Thapelo_Khubayi

Awaiting rejection signal at 0.38 fib level to confirm a strong buy to the next high.

Thapelo_Khubayi

Gold still the safe haven top pick. Buy momentum on gold is still more promising as we can expect prices to reach the 2080 area.

Thapelo_Khubayi

Naspers broke resistance price level at 34175. Price projected to retest previous high. BUY & HOLD!!!

Thapelo_Khubayi

Naspers joy ride continues. Like riding a bull in a rodeo, with ups and a lot of downs, we can finally rest assured that the trend continues in our upside favor. Next major resistance is our next target area.

Thapelo_Khubayi

After breaking through resistance level at 25083, Price reached new high today, However still within the same range. Waiting for next daily candle to confirm either a stronger push to the upside or we could experience a price rejection.

Thapelo_Khubayi

After confirmation of price rejection at our trend line. (also visible on D1 chart), we can short NZDCAD

Thapelo_Khubayi

We had a trend breakout and retest at resistance level. Based on The divergence breakout strategy, we can sell EURJPY to the nearest support level on H1 and H4 timeframes.

Thapelo_Khubayi

After observing the double-top on the H1 timeframe, it was safe to say we may go short. This was after US Market open.

Thapelo_Khubayi

After observing that the current price is at a major support level and candle are indicating a rejection on that level, we can initiate a strong buy position.

Thapelo_Khubayi

Talk about scuba diving. That's what I'm observing here... A good swim under the sea(support). Prosus went below our predicted rejection level and headed towards the next support area at around 10000. Will be holding positions until we reach a reversal point at that level. If price dips further down that will be our signal to exit and enter again at a lower price....

Thapelo_Khubayi

Aspen price ranging at resistance level could indicate a potential strong buy. We also have a bullish flag setup which if broken upward(resistance) will confirm a swing buy opportunity.

Thapelo_Khubayi

Prosus has shown a strong price rejection at support level. We can place long positions as price breaks above 200 EMA and crosses our trendline(which at this setup is our resistance indicator).

Thapelo_Khubayi

#NPN showed significant resistance at fibonacci level 60 at price 230016. Anticipating a long movement. Fair entry point for a swing trade.

Thapelo_Khubayi

The Spar group has broken the resistance price zone and will most likely head towards the next high at 20802 price range.