Timonrosso

Timonrosso

I am the absolute worst person to do analyses on MTN. I never get it right (over the last 20 years), and yet I keep providing analyses. SO if you want to actually make money with MTN, just do the opposite of what MATI Trader system says lol. W Formation (Breakout) Price above 20 and 200MA Target R131.91. So in other words SELL and don't listen to me.

Timonrosso

Potential Falling Flag has formed along with a Potential Cup and Handle We do need the price to break above the brim level and we need the price to break above 20MA and the 200MA for it to be a high probability trade. Fortunately, we have had the confirmed Downtrend line broken (which gives the furst action level). THe first target up will be at 205.86

Timonrosso

Sibanye is looking super bullish as of today. It broke out of the medium term downtrend since April 2024... Now we are seeing a rounding bottom along with the price above 20MA. First target is set to R24.58

Timonrosso

Very important and basic rule with Day Trading. Always increase the stop loss when going short (sell) above the original stop loss. Always decrease the stop loss when going long (buying) below the original set stop loss. Reason: When the index touches the ASK or BID price (regardless of it actually trading there), it will get you out of your trade and hit...

Timonrosso

W Formation formed on Sanlam and the price has broken above the neckline. Nature: High Probability Price>20 and 200MA Downtrend broken which tells us the bulls are in charge (action line) Target R97.11

Timonrosso

Since July the market has been on a solid downtrend with an Inv Cup and Handle form. It then broke below and reached our first target. Now there is a touch of consolidation in another Inv C and H, which we ned the price to confirm the handle before turning down and heading to a target of 0.8240. The price is below 20 and 200MA which makes the momentum downside...

Timonrosso

I was asked to do an analysis on GBP/JPY And It's like trying to get blood out of a stone. It's premature right now and I just can't see any definitive direction. By intuition, I would say I am more bullish than bearish. There is a Potential Falling Flag and a Potential Cup and Handle forming on it and the price definitely needs to go higher to close...

Timonrosso

Falling Wedge and Cup and Handle has formed on Naspers. The price broke above the Wedge also a downtrend. It seems like it's going to follow Ten Cent and world markets. Nature: High probability Price>20 and 200 Target R4436.84

Timonrosso

Falling Wedge (Flag pole) has formed over the last few months. We then had a breakout above the Wedge alone with a breakout above the downtrend (Action line) We believe the nature of the analysis is High probability where the price is above 20 and 200MA. The target is at R327.51

Timonrosso

After a couple of tests the price has finally broken above the W Formation (Neckline and Downtrend). The price is above 20 and 200MA which makes it a high probability analysis... It looks great for upside to R16.53. 'I'm bullish

Timonrosso

Buy analysis has kicked in for Silver. We have seen it form a W Formation and recently, it's broken not only out of the Neckline but also the Downtrend (action line). Nature: High probability analysis Price>20 and 200MA Target 33.79

Timonrosso

Cup and Handle has formed on the 4 hour chart. We do need the price to close above the 20 and 200MA to make it a high probability analysis.. But all in all, it's bullish and the chart is looking up. We also have an uptrend (Safety line) in Check showing momentum is up. Target 1.1737

Timonrosso

Ok so I am taking this analysis with a pinch of salt. The JSE Top 40 is showing major upside to come. And yet the Banking sector is showing conflicting signals. I mean we have an Inv Cup and Handle. We have a strong downtrend (safety line) - confirmed We have price<20 and 200MA - Making it a high probability short. Everything about the system is saying...

Timonrosso

W Formation formed on Motus. This share is VERY slow with movement, I had to change the time frame to weekly. But the downtrend has broken, the uptrend (safety line) is in check and we have the price above both 20 and 200MA> All bullish signals with the target to R144.77

Timonrosso

It's always great when you don't only get one Bullish breakout signal, but two more! Another W Formation has formed along with a strong uptrend driving the price up. So with this accompanied with Price>20 and Price>200 - make sit a HIGH probability analysis. The first target remains at R4.60 and the second target at R4.75. BULLISH

Timonrosso

Falling Flag has formed over the last three months on EOH. It's been moving in a somwehat consolidation period not with hardly any convincing downside and supply. So now that that the price has broken above th Flag and is showing strong upward momentum, means that it's more likely for the price to rally up. High probability analysis Price>20 and 200 Flag...

Timonrosso

W Formation formed on NEPI. It's a W Formation because the second rounding bottom is more than 50% the height of the first. Nature: High probability analysis Price>20 Price>200 Uptrend (Safety line - check) First target will be at R159.60 I personally don't have experience trading this market, so not sure how it will play out - but the candles and...

Timonrosso

Triple Top has formed on Ethereum since February 2024. We have seen the price drop below 20 and 200MA stating a bear market. There is a strong downtrend in check, which the price will need ot break for any semblance of hope. I am a full on Ethereum bull for the future (more than Bitcoin). But the charts are showing downside to come which I hope I am wrong....