MokgatlaRSA

MokgatlaRSA

US indices made some gains this past friday together with tech stocks like Amazon and TSLA. TSLA jumped +7.33% hopes are that TSLA continues raising breaking the major resistance @776.98 and turning it into major support where i will wait for possible long entry confirmation. Taking my profits at the next major resistance @870.80 and stop loss @734.94 making a...

MokgatlaRSA

If Im going to look for a buy I will wait for price to breakthrough both the major resistance zone and the 4H uptrend channel than make a retest before taking a long trade, and if Im looking for a short trade price might respect both the channel and major resistance and head low.

MokgatlaRSA

Apple price tested the weekly downtrend channel. Seems as if its bouncing back into the major support. If Im looking for a long position I will wait for price to breakthrough the major support zone and retrace at the price of 141.42 where I will look for a long position opportunity

MokgatlaRSA

The Nasdaq price looks like is bouncing back into the major support level. If you are looking for a long position I would suggest one waits for price to bounce back in the weekly downtrend channel and break above the 4H downtrend channel and major support level before taking a long trade. If you are looking for a short position price is trading in the 4H...

MokgatlaRSA

Price bounce to the major resistance zone and it kept being rejected. Before I short AUDUSD I will wait for the price to fall back into the weekly and 4H downtrend channels and below the 2H uptrend channel making a breakthrough the minor support at the price of 0.70033 where I will look for possible short price. My main take profit target at 0.68413 and stop loss...

MokgatlaRSA

Price is trading within the major support zone. Waiting for GBPJPY to bounce up to even breaking the 4H downtrend channel and minor resistance at the price of 161.313 where I will look for opportunities to buy the pair. Taking my main profits at the price of 165.415 and stop loss at 159.647. Considered 1:2 risk ratio. Let me know what you think of GBPJPY

MokgatlaRSA

Meta Platform price is resisted from going higher. price slid under the 25 SMA and can go down to the price 171.92

MokgatlaRSA

EURCHF has reached the weekly downtrend channel and resistance. Price seems to respect these levels in the small timeframe. Im waiting for price to bounce back into the daily uptrend channel and break below the resistance for going short. What do you expect?

MokgatlaRSA

Price is bouncing back into the daily downtrend parallel channel and it is moving within the daily support. A breakout to the downside will be a short signal.

MokgatlaRSA

Price might reverse at the next possible resistance between the price of 2399.41 and 2329.66 in the next few days. Than we can wait for confirmation to go long.