Currently compressing within the bigger support line, however this may be broken sooner as my analysis says it time to camp for a sell signal at support breakout so we wait for the flag compression to be complete and we drop as far as the previous leg.
Having thoughts on buying EURUSD long term, this is a weekly analysis which shows a almost mature QML at the demand zones, we can buy now and hold for the long term or look for small timeframe entries based on this overall market view on weekly.
My H4 TF tells me we are about to pull back and then sellers take over again, might be for a very long run but lets all wait and see as the market unfolds.
I think we are going up here, currently on smaller TF its showing sell signal, however on my long-term view, I think we should be looking for buying opportunities on the USDZAR currency pair. What are your thoughts?
Looking at a good buy here, its a resistance breakout, Im targeting the recent highest high. Also check the previous similar movement in this market a bit long ago, it repeats itself.
Perfectly following my initial analysis for the bulls, currently unfolding the handle for the cup&handle pattern, which can also be treated as a trend continuation flag, thus we wait for the breakout off the resistance of the flag then we target the stick of the flag's length. Amen
We are waiting for buy opportunities on smaller timeframe here, we look more bullish than ever right now heading to the previous S/R Flip zone.
Lets sell with the QML, with SL at the head and targeting the demand zone, we can also note that the marked target zone is around where the breakout is expected, therefore this might be a good entry also for long term trade, sell and hold but with the tight SL
Hereby we have NASDAQ currently within the support and resistance which is on the bullish market. There isnt enough support to sell yet hence we place our entry at the breakout. Happy trading traders!
Im looking at a market that is overall bullish here, it has given us a close exactly on the resistance, thus I am looking at the drop towards support or even to break the support. Reason being completion of the waves within the bullish channel and indication of the end of Wave (iii) now we should be looking at the Wave (iv) drop.
I think the future will be the repitition of the pst tgis time around. Im looking forward to participating in that long drop! Whoaw yes lets be patient and watch
Looking to sell towards the gap, this agrees to the EURUSD analysis I posted earlier on for buying. Based on RSI , elliot wave, supply and demand and Support and Resistance.
Im looking at this market moving this way, based solely on support and resistance, supply and demand principles with a little bit of Elliot Wave overview.
Im looking at this rising a but then drop further, havent given insight on the JSE in a while so I will just test with this one here. What do you think?
Well hear me out here fam, Im really hopeful that USDMXN plays along here because what Ive noticed is how this pair is always present on the Elliot Wave check. So I approach it the Elliot Wave + Fibonacci wave and Im looking to hold as many entries as possible.
Looking at the market currently within the support and resistance bullish channel, it is likely to break on support and drop towards the QMZ, this therefore supports my view on a bigger timeframe that we long term are buying.
Looking for selling entries here currently basing this on the Quasimodo zone formed looking to sell the drop and have Stop Loss at the head and targeting the nearest to the next Gap.
Here I'm strong with the selling with very tight stop loss because I am quite confident this drop is coming and it will be hard drop. Targets are the gaps and note that from the gap, it was last year November, so my predictions seem to be fairly spot on in terms of time as well.