hedgefun

hedgefun

Looks like a triple top / head & shoulders, archipelago, temporary top. A break of the trendline which I think has just happend, opens up some lower levels before going up. Not a trading recommendation, just my personal analysis.

hedgefun

Triple top / head & shoulders, break of the trendline should send it to the PANacea green zone which is reputed to be an excellent elixir. Not a trade recommendation, but my personal observation

hedgefun

With uncertainly about WeChat being banned in the US as well as the TikTok situation, Huawei etc and other Chinese companies' status on US stock exchanges uncertain, could temporally affect Naspers, as can be seen in the multiple tops and gaps created lately. When and if it breaks the diagonal trendline, there are 2 support zones below. Could be a volitile move...

hedgefun

Just an observation, looks like a double top, could also be a continuation within the channel, seems over extended for now.

hedgefun

Friday's second last candle is the longest 4Hr candle since March, impressive. At this rate it could just go through the diagonal trendline and down to support at 2500. That would be a 50% retracement from the March bottom, and the same length as the January move. Will be interesting to see how it goes on Monday's Asian session especially. Just...

hedgefun

After the recent blow off tops, it looks like a double top has formed, the gaps have been filled, but there is a chance they are continuation gaps, or a triple top could be next 3 suggestions A-B-C on the chart. Depending on the gold price: A- Direct Continuation - more parabolic - up up up B- Double Top - takes it down to ↭R90 (80/90) then up C- Triple Top -...

hedgefun

It's all in the W. The latest W could have just completed as a Bearish Gartly, which with a 0.786 retracement of the last c-d segment, takes it down to ↭R31.30 An observation

hedgefun Updated 

JSE:SOL Just for interests sake, the pattern which followed the March crash seems to be repeating itself. If it completes, there would be the repeat of the X leg still to come. But would surely need a catalyst, and right now that is not the oil price, maybe that changes next week. Otherwise, the last part pattern, the harmonic could just play out and go down to...

hedgefun

This harmonic xabcd pattern in oil seems to be repeating itself quite regularly, either deep or shallow with a corrective phase following/preceding sometimes. Maybe currently forming another x-a leg. Just an observation . TVC:USOIL