Themba7

Themba7

As you can see from the breakout on H1. we expect a sell-to-demand zone as resistance, New York session should further push it down quicker than expected.

Themba7

looks like we have a breakout that is being tested. chances are today it may buy as long as that support is respected

Themba7

The push to the upside has been a struggle the past week. its seems like it needs more structure to gain enough momentum. Nas100 is forming a right shoulder and that 12700 zone as been a previous good support zone, our hope is it holds if not you can still score some points around 12550

Themba7

Buy

Themba7

As we can see the is a breakout and the retest is almost complete. In this case we are expecting a bullish movement till next week

Themba7

ITS SHOULD Buy after this retest

Themba7 Updated 

At this point its been on consolidation for too long meanly cause of the US holiday. We now have inverse flag pattern its should hold the sell that we want, a good bearish spike down would give us the momentum that we need. Please be aware of the inauguration day, i believe the market should move fast, that more money for us

Themba7 Updated 

As the week starts it will start of slow , some consolidation is expected, best to start of with risk affordable lots first , ones we get a goo bullish momentum that is when we can add new positions and use bigger lots

Themba7

Its a sell

Themba7

Based on what we see here Nasdaq has become bearish. Either it completes the retest the continue to sell or it sells. keep in mind if New York session it may buy first rejects then sell or its sells same time during the session

Themba7

After a long retesting AUDUSD looks ready to drop through out this week. The green horizontal lines are the Take Profit zones

Themba7

it seems like the was a false breakout on that circled area... still believe we going up

Themba7

as expected Nas100 had to find a support before it could start losing momentum of its down fall. At this point its seems to have reached a strong support zone via H4, i do nit see anymore down movement from 9120. therefore we will be looking for long term buying opportunities