Timonrosso

Timonrosso Updated 

BULLISH Ascending Triangle formed on 4 hour We are just waiting for a break above R2.98 Price >200MA Target 1 - R3.80 Concern is that the previous trend is down and the uptrend could very well fizzle but the bias is still bullish.

Timonrosso

Dead Cat Bounce Ranging Downtrends Stronger than breakout patterns BEARISH

Timonrosso

I'm not enjoying the bear market, but we can't deny the charts and what we see. It's most likely just a Dead Cat Bounce before we get further downside... We can do nothing but sit on our thumbs...

Timonrosso

GBP/JPY hit our target of 153.35 YEN and now looks like it's back in the Box Formation... We'll need it to break below or above before we can choose a bias...

Timonrosso

DIXIE (US Dollar index) is also showing further upside to come which will lead to other currencies to weaken further... I think it's target at 119.00 is still highly possible, but if it breaks above there then most currencies are F$%ed. Sorry had to be said.

Timonrosso

EUR/ZAR - Daily is in a channel and is doing exactly what we thought it would do a few weeks ago... As long as it's in the channel it's in a sideways consolidation period. What else should I analyse for you?

Timonrosso

As previously done. There is a large M Formation in play for the EUR/USD... The downward momentum is strong and confirming further bearish movements to come. The first target like the last is 0.8938. What else would you like analysed?

Timonrosso

Thank you for the request USD/ZAR as previously done the currency pair broke up and out of a Cup and Handle formation and is currently retracing back. However, as long as the uptrend line is still intact the analysis shows bearishness for the rand. Target is still R21.00 Let me know what else you would like analysed and follow my Trading View for more analyses...

Timonrosso

BULLISH Ascending Triangle formed on 4 hour We are just waiting for a break above R2.98 Price >200MA Target 1 - R3.80 Concern is that the previous trend is down and the uptrend could very well fizzle but the bias is still bullish.

Timonrosso

NEUTRAL (Bearish vibe) Channel Still in a range Break up target R4.23 Break down target R1.18

Timonrosso

Bell is showing a neutral analysis at the moment. There is a potential Symmetrical Triangle in the making... Once the price choose to break up or down, it will have more of an idea of where it's likely to head. What do you think? Up or down?

Timonrosso

BEARISH 4 Hour Box Formation - Consolidation Break below and target R1.00

Timonrosso

W Formation formed in the 4 hour chart. The Price is above the 200MA and things are looking like buying is taking place. I am Bullish with Sibanye and expect a target of R51.83.

Timonrosso

A distorted but form of Cup & Handle has formed in the 4 hour chart... The price has broken up and above the Brim Level as of in the last couple of weeks. It's now showing strong upward momentum to come with the 1st target to 75 cents... Also we have a gap that is ready to close (hence more bullish signals). BULLISH!

Timonrosso

Netcare showing a bull market as it broke above the medium term downtrend since August - September... It's now testing the support (which was the resistance) and is forming a potential Cup and Handle which is setting its next target to R15.16.

Timonrosso

Harmony is looking bullish for upside. There are a few hurdles. 1. Needs to break above the medium term downtrend. 2. Needs to break above the 200MA... 3. There is a gap which needs to close. However, momentum according to price action does look up so the chances are quite positive for upside..

Timonrosso

Cup and Handle formed on Daily. Broken below Brim level $39.11 Target $21.44

Timonrosso

XRP has made lower highs and is confirming a Descending Triangle. The market analysis is bearish and a break below 0.4209 the next target will be 0.3087.