MR_US30_ZAR

MR_US30_ZAR

Gold is on a downtrend after a retracment. Elliot Wave analysis.

MR_US30_ZAR

Fib level of 50% retracement reached Head and shoulder (H1) on that level as reversal pattern

MR_US30_ZAR

Weak dollare prediction correlate with this idea of nzdusd long. NZDUSD broke out of consolidation and came back to retest the zone of breakout. which confirm the bull move on NZDUSD.

MR_US30_ZAR

5 wave moved completed. ABC Move about to begin. Weekly pivot Support level reached. 50SMA on Daily servers as key Support

MR_US30_ZAR

Inverse head and Shoulder reversal pattern to go long Rule(length on head= Target from neckline to TP)

MR_US30_ZAR

We have reached a level of resistance. Trend is now bearish for restracement ABC of Elliots Wave.

MR_US30_ZAR

Resistance from Weekly time frame Breakout of uptrend to the downside Low low starting to form after the Double Top

MR_US30_ZAR

Simple break and retest strategy nothing more.

MR_US30_ZAR

Elliot's Wave expecting Final wave to the downside. ABC retracement done 1-5 wave to begin waiting for reversal candle stick formation.

MR_US30_ZAR

Day Trade Had ABC move price has to come back to retest the breakout of consolidation.

MR_US30_ZAR

Inverse Head and Shoulders right side to mirror what happened or Left Mirror

MR_US30_ZAR

Bearish Setup Retested the trendline for drops to TP.

MR_US30_ZAR

Inverse Head and Shoulders pattern Which Serves as reversal pattern Dollar strength coming

MR_US30_ZAR

Dollar Index and key support area USDJPY also on key Support Area Correlating with the analyses of weak Bearish momentum on gold coming soon. (As per Analysis)

MR_US30_ZAR

Major support level Pivots Support Level

MR_US30_ZAR

Inverse Head and Shoulders we forming right shoulder and as per Dollar index we looking for bulls

MR_US30_ZAR

Price at Fib zone(50%) and mitigation zone confluence area with privots aswell for a down trend reversal.

MR_US30_ZAR

Head and Shoulder pattern on eurjpy. reversal pattern.