trevormawelela

02:17

trevormawelela

For this current week. l am looking for some selling opportunities as the market has created a head and shoulder pattern to the downside. The overall direction is BULLISH so l do not advise staying too long for on sells or high risks on this pair, remember l am not a financial adviser just sharing my ideas based on this pair.

trevormawelela

On NZDUSD on the daily timeframe the market broke our middle zone at 0.68621 and made it the resistance zone but it came back to that zone on the 13 Jan 22 and again on the 07 Mar 2022. We are looking for selling opportunities since we are at a resistance level also on the weekly chart the market confirmed that since it broke the zone at 0.68505 and retested to...

trevormawelela

On AUDUSD on the weekly chart after identifying our playground we recognize that the market was attempting to hit our resistance level on 0.68281. The market touched the support trade line on 0.69937 and came back to that zone on 01 Feb 2022 on the daily time frame. On the 4H time frame the market pushed to the upside breaking our resistance trade line at 0.73761...

trevormawelela

We have a major support on the weekly timeframe which the market touched. Its also giving us some rejections now on the 4H timeframe.

trevormawelela

On USDCAD the respected our major support and resistance levels. Moving on to the we found our middle zone which is 1.28913. There was also an uptrend sported on the 4H timeframe with significant zones as shown on the chart. The market is rejecting on my upper trend line and at the sametime respecting my middle zone so we are looking for selling opportunities...

trevormawelela

GBPUSD there was a major resistance found on the weekly time frame. Then on the daily timeframe there was a trend change and on the 4H timeframe we see a breakage to the downside creating our support in too resistance. We are looking for a retest to that resistance to the downside.

trevormawelela

On NZDUSD we are looking for some buying opportunities because we respect price action. We found a middle zone on the weekly time frame acting as our major middle support zone. We also see candle sticks starting a rejection to the up side to our major resistance zone.

trevormawelela Updated 

The market first created a double top which was found on the weekly chart confirming a sell. Second reason is that there is a strong zone that was founded on the daily chart that zone was respected multiple times. The middle zone played as resistance in 01 Sep 2020, was broken at 01 Dec 2020 and tested as a support at 04 Feb 2021 and after the brigade on 05 Mar...

trevormawelela

USDJPY. On USDJPY the market broke my frag on the 4H time frame after the big push too the upside in the bullish trade. The bullish trade is very powerful with higher highs and lower lowers

trevormawelela

Firstly it reached my resistance level which was found on a larger time frame and was a strong zone there, Then a found a pattern on the 4 hour time frame and it broke the resistance trade line