KhayalethuMbewu

KhayalethuMbewu

Im going short on the EURAUD we hit resistance and bounced off looking to take profit at support of the channel.

KhayalethuMbewu

BTCUSD has broken the wedge pattern and is at resistance...we expecting a push past this level and retest back to treat this level as support, will enter on the retest, hopefully the daily candle will close above this level that will give this set up some confidence for a bullish market.

KhayalethuMbewu

The weekly resistant was broken and tested as support we have been long for some time on this pair,on the daily we have drawn an bullish trend line which has pushed to the up side waiting for a retest lower onto the support line of this line in order to go long till out next Weekly level.

KhayalethuMbewu

We have a range on the weekly, support and resistant levels have been notice ,the push from the support line is likely to test the high of this range ,i will only enter in the pull back either from the 38.2 or 50 level...future target is our weekly resistant level ,any views on this one guys..?

KhayalethuMbewu Updated 

Looks like we have gotten a retest to our trend line that was broken and we all expecting the EURUSD to push long till our next level structure 1.19349 is our next target.

KhayalethuMbewu

We have and ascending channel that has been broken and our retest is in play also having some rejection candles on the support line 120.038 has been exposed as our first T.P and our 2nd T.P 111.375 hopefully the daily close will remain below support channel to add more clarity to my short on the USDJPY.

KhayalethuMbewu Updated 

Level broken looking to take T.P on next structure level

KhayalethuMbewu Updated 

WE have a potential bullish flag forming inside of this channel we might get rejection on the 50% retracement level to go long will pay great attention on the on the 50 % fib level...and will see our price action reacts on our support channel...any comments guys...?

KhayalethuMbewu

Looking at our EURUSD we broke our 4H trend line it hit resistant and we all expect exhaustion after the push to test the trend line it broke.

KhayalethuMbewu Updated 

We have another bearish flag forming on the EURUSD looking to take profit @ the end of the leg we have gotten our break and our retest has been in play...any views...?

KhayalethuMbewu

We have another bearish flag forming on the EURUSD looking to take profit @ the end of the leg we have gotten our break and our retest has been in play...any views...?

KhayalethuMbewu Updated 

We have a flag that has formed here broke & retested the support line of the flag looking to take profit @ the end of this flag leg

KhayalethuMbewu Updated 

We looking at a long position on the AUDEUR Resistant-support has been broken and we have gotten our retest on this level...take profit on next level structure

KhayalethuMbewu Updated 

We have our eyes on this pull back to go long if the daily closes back above the support line then we will be certain about our long position.

KhayalethuMbewu

On the daily we had a breakout of support now becoming resistant bulls are retesting the area interesting level to pay attention too whether we going to get some rejection signs or will it break through an close above this area im expecting it to respect this area along with the trend line if it does we will get ready to sell off on a lower timeframe.

KhayalethuMbewu

SO we had a push up we just waiting for some exhaustion to bounce on the lower trend line, bulls might have some power left... once price action eventually rises to the upper level we will be paying attention to some rejection to sell off and also waiting for the break of the lower trend line for more confirmation, im looking at some divergence so we expecting...

KhayalethuMbewu Updated 

We paying attention at the pull back of the EURUSD if our daily closes above support level then we will be certain on the long position, till our next level structure.

KhayalethuMbewu Updated 

Waiting to see how price action is treats support and resistance enter on break out (retest) lower time frame