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USDZAR 15.44490 + 0.45 % SHORT IDEA * CONTINUATION PATTERNS CONTHEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR / ZAR PAIR. * The PAIR is still trading in a large ascending channel from higher time frames but seems the channel now consolidating in a descending channel within this structure. - Short term the pair just broke above a symmetrical triangle on the 4h chart tested supply zone and possibly rejecting. - we are currently consolidating in a descending triangle on the 4H. - Looking for SHORT entries on the pair this week should all the rules of the formation be met. PREVIOSE SET UP lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Short
by PULEMokhothu
4
US30 35769- 0.53% LONG IDEA * PRICE ACTION & STRUCTURE CONT.HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, A LOOK AT THE DOW JONES INDEX FROM THE 4 HOURLY CHART THIS WEEK. - The pair is currently trading in an ascending channel. - Just tested THE BASE of this structure, creating a double bottom at this structure. - looking for continuation of this move, either to consolidate within the supply and demand zone of break above to the roof of structure. let's see how it goes. IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - INTRA-DAY TRADE
ULong
by PULEMokhothu
1
AUD / USD 0.72010 -0.12 % SHORT IDEA * CONTINUATION PATTERNSHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE AUD / USD PAIR. * The PAIR is currently trading in an ascending channel but seems the channel now consolidating in a descending channel within this structure. - Short term the pair has currently entered a down trend as WE break bellows on the 4h chart entering a descending structure. - currently at supply zone looking for a break below of this zone, for confirmations possible retest depending on the momentum. - Looking for SHORT entries on the pair this week should all the rules of the formation be met. lets see how it goes PREVIOS SETUP IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Short
by PULEMokhothu
EUR / USD 1.14005 - 0.02 % LONG IDEA * STRUCTURE & PRICE ACTION HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, THE EURO / DOLLAR PAIR FINALLY BROKE OUT OF ITS LONG CONSOLIDATION THIS WEEK ITS TUESDAY STILL GETTING A FEEL OF THE MARKET WHERE TO FROM HERE. * The pair has been range bound in consolidation for some weeks has finally broke above of the structure. - Currently entered an UP Trend as the pair saw a new recent high on the 4h chart currently retraced towards the SUPPORT level successfully. - Looking for LONG entries on the PAIR this week should all the rules of the formation be met. - Break below the fib retracement changes the plan. The plan started here lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Long
by PULEMokhothu
USDCAD 1.25518 + 0.47 % LONG IDEA * PRICE ACTION + STRUCTUREHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR / CAD PAIR. * The PAIR is currently trading in an ascending channel but seems the channel now consolidating in a descending channel within this structure That just saw a test of the base of structure. - Short term the pair has currently entered an up trend as WE broke above the double bottom formation on the 4h chart. - There is a demand zones to look out for on the pair at 61.8 % fib before we continue with the bulls. * A break below of this level changes the plan and we await the market to show us direction. - Looking for LONG entries on the pair this week should all the rules of the formation be met. HERE'S WHERE WE WHERE ON THE PAIR LAST WEEK. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Long
by PULEMokhothu
USD / ZAR 15.34990 +1.79 % SHORT IDEA * TR CONTINUATION PATTERNHEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR / ZAR PAIR. * The PAIR is still trading in a large ascending channel from higher time frames but seems the channel now consolidating in a descending channel within this structure. - Short term the pair has currently entered a down trend as WE break below on the 4h chart. - we are currently consolidating in a descending triangle on the 4H. - There is a supply zone THAT WAS TESTED & REJECTED AT 61.8 fib before we continued with the bears. - Looking for SHORT entries on the pair this week should all the rules of the formation be met. HERE'S WHERE WE WHERE ON THIS PAIR IN THE LAST WEEK. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Short
by PULEMokhothu
DXY 95.17 - 0.32% SHORT IDEA * PRICE ACTION & REVERSAL PTTNS HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR INDEX . * The consolidating in a descending channel CHANNEL is complete as we saw a break below of structure after it was respected with a couple of touches . - Short term the index is currently entered an up trend as we had a (HH) break ABOVE of previos swing low on the 4h chart. - There are 2 levels of interest or supply zones that the index is currently rejecting & the demand zone aligning well with the 61.8 FIB RETRACEMNT LEVEL BEFORE we see continuation with the bulls for our ( HH). - Looking for SHORT entries on the INDEX SHIRT TERM, overall long for this week should all the rules of the formation be met. HERE'S WHERE WE WHERE THIS PAST WEEK. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
TVC:DXYShort
by PULEMokhothu
4
US100 15712.4 + 0.54 % LONG IDEA * CONTINUATION PATTERNS & PRIC HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S AN UPDATE ON THE NASDAQ INDEX AFTER THE CANCELATION OF THE FIRST SETUP . Here we where on the first analysis. * The index was trading in a ascending channel but seems the channel consolidated in a descending channel within this ascending structure. - Short term the index is currently entered the ascending channel on the 4h chart. - There is a supply zone correlating with the 61.8% fib level to look out for on the index which will serve as the 1st target. - Looking for SHORT entries on the INDEX this week should all the rules of the formation be met. * looking for a retest of some sorts to confirm entries on the index. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
ULong
by PULEMokhothu
EUR / USD 1.14149 - 0.35 % LONG IDEA * STRUCTURE & PRICE ACTION HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, THE EURO / DOLLAR PAIR FINALLY BROKE OUT OF ITS LONG CONSOLIDATION LETS SEE WHERE TO FROM HERE. * The pair has been range bound in consolidation for some weeks has finally broke above of the structure. - Currently entered an UP Trend as the pair saw a new recent high on the 4h chart currently retraced towards the 61.8 fib level successfully. - Looking for LONG entries on the PAIR this week should all the rules of the formation be met. - Break below the fib retracement changes the plan. HERE'S WHERE WE WHERE IN THE PAST WEEK lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Long
by PULEMokhothu
US100 15630.4 + 0.74 % LONG IDEA * CONTINUATION PATTERNS & PRICEHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S AN UPDATE ON THE NASDAQ INDEX AFTER THE CANCELATION OF THE FIRST SETUP . Here we where on the LAST WEEK analysis. * The index was trading in a DESCENDING channel but seems the channel is now consolidating in a ascending channel within this descending structure. - Short term the index is currently entered the ascending channel on the 4h chart. - There is a supply zone correlating with the 61.8% fib level to look out for on the index which will serve as the 1st target. - Looking for LONG entries on the INDEX this week should all the rules of the formation be met. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
ULong
by PULEMokhothu
2
USOIL 82.01 +0.93% LONG IDEA * CONTINUATION & PRICE ACTIONHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, THE USOIL ENERGY HAS BEEN ON A BULLISH RALLY WITH THE BULLS LETS SEE IF WE CONTINUE WITH THIS RALLY. * The ENERGY broke above an ascending channel with strong momentum to the upside. - Short term the pair has currently entered an uptrend on the 4h chart this. - There is a historic supply zone to look out for on the ENERGY ahead which will serve as the target for this trade should the ENERGY continue upwards. - Looking for LONG entries on the THE CRUDE this week should all the rules of the formation be met. ******* CRUDE OIL INVENTORIES IS UP IN A FEW HOURS UPON THIS IDEA BEING POSTED, the increase in the oil is actually less than expected which implies greater demand and the energy could react BULLISH. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
TVC:USOILLong
by PULEMokhothu
4
US500 4666.4 LONG IDEA + 0.15 % * PRICE ACTION & STRUCTUREHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON US 500 INDEX. The index is currently trading in an ascending channel that has seen consolidation in the marked supply & demand zones. * Tested and rejected the base of this structure creating a double bottom at the base pushing the bullish bias overall. * A BREAK ABOVE of the circled candle and close triggers long entry on the index. - looking for continuation with the bulls targeting the supply zone. lets see how it goes. IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
ULong
by PULEMokhothu
US500 4667.5 + 1.85% SHORT IDEA * CONTINUATION PTTNSHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON US 500. The index opened the week with a bullish reversal to test- 61.6 % fib ( 4675.00) * The index is still strongly bearish looking at momentum to the down side * Tested and rejected 61.8 % Fibonacci level signaling continuation * Broke below of structure. - looking for continuation with the bears. lets see how it goes. IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
UShort
by PULEMokhothu
1
USD / ZAR 15.59310 + 0.18 % SHORT IDEA * PRICE ACTION & CONTINUAHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR / ZAR PAIR. * The PAIR is currently trading in an ascending channel but seems the channel now consolidating in a descending channel within this structure. - Short term the pair has currently entered a down trend as WE break below on the 4h chart. - There is a supply zones to look out for on the pair at 32.8 % fib before we continue with the bears. - Looking for SHORT entries on the pair this week should all the rules of the formation be met. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Short
by PULEMokhothu
DXY 95.92 - 0.19% SHORT IDEA * PRICE ACTION & TREND CONTINUATIO HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR INDEX . * The index broke out of a ascending channel but seems the channel now consolidating in a descending channel . - Short term the index is currently entered a down trend as we had a (LL) break below on the 4h chart. - There are 2 levels of interest or supply zones to look out for on the index before we continue with the bears. - Looking for SHORT entries on the INDEX this week should all the rules of the formation be met. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
TVC:DXYShort
by PULEMokhothu
EUF / USD 1.13291 - 0.28 % LONG IDEA * TREND CONTINUATION&PRICE HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE EURO / DOLLAR PAIR . * The pair has been range bound in consolidation for some weeks now. - Short term / intra-day entered an up trend as we had a (HH) break ABOVE on the 4h chart currently retracing towards the 61.8 fib level. - Looking for LONG entries on the PAIR this week should all the rules of the formation be met. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Long
by PULEMokhothu
USD /CAD 1.26373 -0.05% SHORT IDEA * PRICE ACTION & CPNTINUATIONHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR / CAD PAIR. * The PAIR is currently trading in an ascending channel but seems the channel now consolidating in a descending channel within this structure. - Short term the pair has currently entered a down trend as WE break below on the 4h chart. - There is a supply zones to look out for on the pair at 61.8 % fib before we continue with the bears. * A break above of this level changes the plan and we await the market to show us direction. - Looking for SHORT entries on the pair this week should all the rules of the formation be met. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Short
by PULEMokhothu
XAU / USD 1806.13 - 0.27 % SHORT IDEA * CONTINUATION & PTTNSHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, AN UPDATE ON THE GOLD METAL FROM YESTERDAY SET UP. * The METAL was trading in an ascending channel but seems the channel was consolidating in a bull flag as we awaited a BREAKING OUT OF THIS structure. - Short term the METAL has currently entered a down trend as WE break below on the 4h chart. ( HH , HL ) - The supply zone at 50 % fib was tested successfully & currently rejecting before we may see continue with the bears. - Looking for SHORT entries on the METAL this week should all the rules of the formation be met. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
OANDA:XAUUSDShort
by PULEMokhothu
1
GBP / JPY 156.968 +0.38 % SHORT IDEA * TREND CONTINUATION & STRUHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE POUND / YEN PAIR. here's where we where upon open yesterday * The PAIR has formed a descending channel in a bullish rally to the upside respecting this structure. - Short term the pair has currently entered some consolidation as WE break below on the 4h chart as it couldn't break previous high. - Looking for SHORT entries on the pair this week should all the rules of the formation be met. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Short
by PULEMokhothu
US100 15645.4 +0.4 % SHORT IDEA * PRICE ACTION & CONTINUATIONHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE NASDAQ INDEX . * The index is trading in a ascending channel but seems the channel now consolidating in a descending channel within this ascending structure. - Short term the index is currently entered a down trend as we had a (LL) break below on the 4h chart. - There is a supply zone correlating with the 61.8% fib level to look out for on the index before we continue with the bears. - Looking for SHORT entries on the INDEX this week should all the rules of the formation be met. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
UShort
by PULEMokhothu