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Pulemokhothu

EURJPY 124.812 - 0.43 % LONG IDEA * TREND CONTINUATION Good Day Everyone Here's my idea on the EURJPY which has been net bullish for the last couple of weeks looking for continuation of this trend with the bulls we are currently retracing on the pair looking for a confirmation of significant moves with the bulls to the upside to confirm the move... GOOD LUCK AND HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it. * THE IDEA IS PREDICTIVE BASED ON TECHNICAL ANALYSIS MANY FACTORS GO INTO EXECUTING TRADES KINDLY TAKE CAUTION.
Long
by PULEMokhothu
2
AUDUSD 0.71572 -1.08 % LONG IDEA * TREND CONTINUATION Good Day Everyone Here's an idea on the AUDUSD pair which has been trading in a ascending channel currently in a uptrend looking for continuation of this trend unless the STRENGTH OF THE DOLLAR says otherwise but remain net long on the pair respecting the ascending triangle structure... lets see where it takes us. GOOD LUCK AND HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it. * THE IDEA IS PREDICTIVE BASED ON TECHNICAL ANALYSIS MANY FACTORS GO INTO EXECUTING TRADES KINDLY TAKE CAUTION.
Long
by PULEMokhothu
USDJPY 105.904 + 0.34 % LONG IDEA * CONTINUATION PATTERNS Good Day Everyone Here's a look at the USDJPY pair from some multiple time-frames. From the monthly the the pair is still trading in a descending triangle respecting the structure thus far just tested the support of the structure and saw a rejection we are currently pushing up even though the DOLLAR saw a bit of recovery in the last month the JPY is nonetheless holding structure. On the weekly the sentiment is more or less the same we currently trading at 61.8 % Fibonacci level looking for a break of this structure and a push up on the pair unless the market says otherwise. Lets see how it goes... GOOD LUCK AND HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it. * THE IDEA IS PREDICTIVE BASED ON TECHNICAL ANALYSIS MANY FACTORS GO INTO EXECUTING TRADES KINDLY TAKE CAUTION.
Long
by PULEMokhothu
GBPJPY 138.103 - 0.36 % LONG IDEA * CONTINUATION PATTERNSGood Day Everyone A look at the GBPJPY pair from some multiple time-frames starting of with the monthly time-frame/ 1. MONTHLY One the monthly the pair is currently trading in a descending channel currently at the roof of this structure. We saw a strong momentum push with the bulls but closed with a bearish doji but we are at the beginning of the month so this will definitely change. the pair is currently at the roof of structure respecting the descending channel and triangle structures. 2. WEEKLY From the weekly the sentiment still more or less the same, still within the descending structure. The pair formed a double top at resistance level 139.802 respecting both the descending channel and descending triangle. Looking for a move with the bears on the pair for the structure to hold unless we see a break of the descending structure expecting structure to hold and see a move with the bears. 3. DAILY From the daily the pair broke through the 61.8 % Fibonacci pushed up and rejected at resistance level 139.166 definitely looking for a push down with the bears on the pair before we see continuation to the upside on the pair. lets see where this takes us. GOOD LUCK AND HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it. * THE IDEA IS PREDICTIVE BASED ON TECHNICAL ANALYSIS MANY FACTORS GO INTO EXECUTING TRADES KINDLY TAKE CAUTION.
Short
by PULEMokhothu
UK100 6208.7 -0.58 % UPDATE ON THE INDEX * CONTINUATION PATTERNSGood Day Everyone A look at the UK 100 - FTSE currently on a strong bearish move on higher time-frames looking for a continuation of this move with the bears on the index, the index is currently at support level 6211.6 looking for a break below to trigger the trade and significant moves to the downside to confirm a move with the bears. a break and retest of this level will confirm the move among other things. lets see how it goes.... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - DAY TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
UShort
by PULEMokhothu
2
DXY 94.95 - 0.21% short * UPDATE IDEA CONTINUATION + REVERSALGood Day Everyone A look at the DOLLAR INDEX break of support level 95.67 looking for continuation of this move as there is another significant support level at 94.67 will be looking for a rejection at this level unless we see significant moves with the bears to the down side lets see how it goes... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - DAY TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
TVC:DXYLong
by PULEMokhothu
EURGBP 0.90822 + 0.33% UPDATE IDEA * STRUCTURE ANALYSISGood Day Everyone Upon canceling pending oders and buy oders the ascending channel structure hold and we saw a bullish rally to the upside we currently correcting this move inside a ascending channel structure which could be signalling continuation to the upside looking for a rejection at the base of the ascending channel and a push to the upside to confirm the trade lets see how it goes.... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
Long
by PULEMokhothu
US100 10840.3 - 0.14% * UPDATE IDEA - CONTINUATION PATTERNSGood Day Everyone An update on NASDAQ which pushed up to test resistance level 11063.0 forming a double top at this structure now pushing down rejected at 61.8 Fibonacci level, looking for continuation with the bears as we are currently trading in a bear flag which could be signalling continuation to the down side with the bears lets see how it goes... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - DAY TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
UShort
by PULEMokhothu
CADJPY 78.807 - 0.19% LONG IDEA ( BREAKOUT ANALYSIS )Good Day Everyone A look at the CADJPY pair from the 4H chart the pair has been ranging in a ascending triangle testing the 200 MA and level 79.276 looking for a break above this structure as momentum returns on the pair, but expecting the pair to continue ranging within the structure as indicated before we see more volatility on the pair . lets see how it goes Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Long
by PULEMokhothu
EURGBP 0.90870 +0.21% LONG IDEA * CONTINUATION PATTENS & STRCTURGood Day Everyone a look at the EURJPY pair that has been trading in a ascending channel we saw a fake out of this structure but the structure held as we saw a break above 38.2% Fibonacci level so the bulls kept control of the market. the pair has just been trading in a bullish pennant which so a breakout and a retest of the structure signalling continuation to the upside so will be looking for continuation on the pair and the ascending channel to hold lets see how it goes on a swing trade.... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Long
by PULEMokhothu
USDCAD 1.35776 +0.03 % * TREND-CONTI PATTENS Good Day Everyone A look at the USDCAD pair currently ranging in a pennant formation at 50% Fibonacci level confirming a LH on the pair now will be expecting continuation to the downside on the pair as we just confirmed a downtrend within the descending channel structure targeting resistance level 1.34424 on a swing trade.... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Short
by PULEMokhothu
US100 10633.1 +0.84% SHORT IDEA * STRUCTURE & TECHNCALS ANLYSISGood Day Everyone A look at NASDAQ which is currently trading at 38.2 % Fibonacci level within a ascending triangle structure which could signal continuation to the down side as we saw a couple of rejections at level 10674.3. NASDAQ is currently range bound in structure which could be a good opportunity for the more aggressive traders before we could see more volatility coming into play... let's see how it goes Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
UShort
by PULEMokhothu
DXY 96.01 - 0.3 % LONG IDEA * STRUCTURE & REVERSAL PTTNSGood Day Everyone A look at the DOLLAR INDEX from a monthly perspective we are still net short on the index seeing a rally of some three ( LL) candle on the chart on a bearish rally. from the weekly perspective the sentiment is still the same 4th month closing an a ( LL ) rally looking for continuation of this momentum to the downside before seeing some reversal pattens to trigger the long trade. same as on the daily chart looking for a completion of the ( W) formation but for now looking for that push down to level 95.68 before we can start looking for long entries on the index.. lets see how it goes. Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
TVC:DXYLong
by PULEMokhothu
US500 3223.4 + 0.53% LONG IDEA * CONTINUATION & FUNDAMENTALS Good Day Everyone A look at US500 starting from the monthly perspective we remain in a bullish rally for third month in a row hitting ( HH ). Coming down to the weekly we broke level 3191.3 support level we could see a retest of this level before we see a continuation to the upside this week but on a larger scale we are still net long on the index. On the daily we broke out of a descending channel rallied up and we are now at level 3236.1 which saw a couple of rejections. S&P500 is still range bound within structure for now bound in a symetrical triangle on the 4H chart waiting for a breakout of structure to confirm and determine direction amongst other things as we are still net long on higher timeframes the sentiment is still net long. lets see how it goes. Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
ULong
by PULEMokhothu
UK100 6305.1 + 0.82 % LONG IDEA * STRUCTURE & CONTINUATIONGood Day Everyone Here's a look at the UK100 which has been range bound in an ascending triangle structure but looking from higher time frames the sentiment is still bullish on the index so will be looking for a continuation of this move to the upside the trade will be taken on if we see significant moves with the bulls and begin to trade above level 6329.11 among st other factors lets see how it goes... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
ULong
by PULEMokhothu
US30 26633 - 0.21% SHORT IDEA * STRUCTURE BOUND PATTNSGood Day Everyone A look at the US30 INDEX currently trading inside a symmetrical triangle range bound in a ascending triangle and we currently have a bullish flag on the index looking to see a push up as we are overbought on most indicators respect the symmetrical structure and see continuation to the down side with the bears... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
UShort
by PULEMokhothu
USOIL 40.58 - O.34 % FUNDAMENTAL AND STRUCTURE IDEA Good Day Everyone A look at the USOIL as we closed last month on a second consecutive high and we are currently trading at 61.8 % FIBONACCI level on the monthly chart NET BULLISH and at a strong level $ 40.44. > Coming down to the weekly the USOIL is trading in a ascending triangle it has been range bound in this structure for some couple of weeks as we wait to see some volatility come into play on oil . looking out for a breakout of the structure. > Sentiment remains the same from the daily perspective the OIL is trading in a ascending channel looking to see whether structure holds or we see reversal patterns on OIL . as we wait for some confirmations and some volatility . ~ on the 4H we closed in a BULL FLAG which could be signalling a continuation with the bulls to the upside and the ascending structure to hold. all in all still waiting on the oil SOME FUNDAMENTALS TO LOOKOUT FOR 1. RSI ( Relative Strength Index ) rose and remained flat above 50 possibly signalling paused bullish momentum 2. U.S Inventories as per data from American Petroleum Isntitude 3. OPEC + 4. Global recovery in Fuel demands 5. COVID - 19 cases surge Looking for a breakout of structure and signs of more volatility coming into play. OIL could remain range-bound before we see some volatility return / see those break out of structure. this is a good opportunity for the more aggressive traders on lower time frames lets see how it goes... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
TVC:USOIL
by PULEMokhothu
XAUUSD 1810.04 +0.7% LONG IDEA * SUPPLY & DEMAND + FUNDAMENTALS Good Day Everyone Here's a look at GOLD from a multiple time-frames perspective starting off from the monthly where we are still in a bullish rally of higher highs with some strong momentum to the upside currently trading just below FIBONACCI level 1.618 just above the $ 1800 mark > scaling it down to the weekly we at the 5th consecutive high on GOLD trading in a pennant formation which could be signalling continuation to the upside. > From the DAILY perspective GOLD broke out of the ascending channel currently ranging within a triangle structure but upon close of the market we saw the bulls coming back into play on the metal. looking to see if we'll see the ascending structure hold and continuation patterns to the upside as the sentiment is widely bullish from fundamentals point of view but it seems we'll see a return of some VOLATILITY ON GOLD in this coming week. SOME FACTORS TO NOTE ON GOLD 1. SUPPLY AND DEMAND 2. MORE STIMULUS 3. COVID - 19 even though GOLD is one of those that have thrived through this pandemic 4. WEAKER U.S DOLLAR 5. THE DIRECTION OF TREASURY YIELD 6. FLAT DEMANDS FOR HIGHER RISK ASSETS 7. DEVELOPMENT OF THE VACCINE FOR COVID - 19 Prices can still be range bound before we see more volatility coming into play which will be a good opportunity for the more aggressive traders on smaller time-frames but all in all still remain bullish on GOLD lets see how it goes... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
OANDA:XAUUSDLong
by PULEMokhothu
2
NZDUSD 0.66141 + 0.57 % LONG IDEA * BREAKOUT PATTERNS Good Day Everyone A look at the NZDUSD pair which is currently trading in a descending channel looking for a push up to retest the structures roof since the pair just broke out of a pennant formation. broke above looking maybe for a retest of this structure then continuation to the upside. any reversal pattens and significant moves to the downside will change the whole trading plan lets see how it goes... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - DAY TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
Long
by PULEMokhothu
2
GBPAUD 1.79296 -0.64 % * CONTINUATION PATTERNS Good Day Traders A look at the GBPAUD PAIR on a 1H chart, looking for continuation to the down side as that is the sentiments on higher time-frames the pair is at a resistance level which saw a couple of rejections at level 1.79272 now we see some increased momentum to the downside with the bears looking for a break of this level and a push down then see whether we are continuing with the bears or look out for reversal patterns lets see how it goes... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - DAY TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
Short
by PULEMokhothu
2
EURJPY 122.73 -0.04 LONG IDEA * TREND CONTINUATION PATTNS Good Day Everyone Here's an idea on the EURJPY a look from the from the 1H chart definitely looking at it short term, the pair has been in a uptrend after successfully hitting the double top and rejected from support now resistance level 122.492, the pair rallied in an uptrend hitting HH & LL on its way up in a ascending channel structure respecting the structure still, now we see we are in a consolidation mode range bound even though the pair hit its 3rd HH looking for continuation of the trend on the pair but if you are on this one definitely look out for reversal patterns and significant moves to the downside which will change the whole idea on the pair. expecting a push own before rise so lets see how it goes Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
Long
by PULEMokhothu
GBPUSD 1.25634 +0.08 % LONG IDEA * STRUCTURE & TREND ANLSYS Good Day Everyone A look at the GBPUSD pair currently trading in a symmetrical triangle ranging in structure looking for the pair to range within the structure before we see some volatility on the pair this would be a perfect opportunity for more aggressive traders to find their entries on lower time-frames. looking for a break above of structure unless fundamental factors amongst other things prove otherwise targeting support level 1.28178 on a swing trade lets see how it goes... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
Long
by PULEMokhothu
EURUSD 1.14251 + 0.37 % LONG IDEA * CONTINUATION PTTNS Good Day Everyone A look at the EURUSD from the 4H chart the pair has been in a uptrend since breaking out of that descending triangle currently just broke out of a bullish flag which could be signalling a continuation to the upside on the pair. the pair is currently retesting the bullish flag structure upon close this past week looking for continuation to the upside of this move. lets see how it goes will be holding the trade on swing for the week... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Long
by PULEMokhothu
4