TechnicalTrader_RSA

TechnicalTrader_RSA

As the trend goes by and tends to go further to the downside . Spotted a breakout and waiting for a full confirmations such as continuation patterns as well as chart patterns.

TechnicalTrader_RSA

WILL THE GOLD BUY ? Waiting for the confirmation that if Gold will form some type of W formation through the support..

TechnicalTrader_RSA

The CADJPY tends to move impulsively as it break out and retest . will it the bullish channel try to be filled with candles ?

TechnicalTrader_RSA

Such a big pattern appeared on a chart , we just wait for confirmation first before considering anything on.

TechnicalTrader_RSA

Continuation patterns appear after the impulse , shows the market still intended to go down

TechnicalTrader_RSA

The bearish flag had formed after breaking and testing the resistance , as it is we took an opportunity to short whilst is in the resistance

TechnicalTrader_RSA

as EURZAR break through the resistance and came back again to it.. A reversal pattern should be given through our support line.... The big channel on EURZAR supported with the trendline showing that it does respects levels through the trenline

TechnicalTrader_RSA

The USDJPY had formed the Head and Shoulder pattern that also occur in a major type resistance , as we entered our sell order waiting for the movement that is forecasted ... should the USDJPY short ?

TechnicalTrader_RSA

as it did arrive through our resistance line , waiting for a break out retest so that we confirm the opportunity . A reversal through the resistance means that the resistance is strong and we shall wait for a continuing carrying down trend

TechnicalTrader_RSA

after the W formation , it happened that it tested our resistance which now supported us to go long

TechnicalTrader_RSA

As the BREAKOUT occurred from the top , we go long

TechnicalTrader_RSA

Testing previous entries

TechnicalTrader_RSA

Clearly shows us that bullish momentum take place

TechnicalTrader_RSA

The nas100 tends to break up its highs .. a new high should retrace , after all no pattern is been formed from the high ..

TechnicalTrader_RSA

As you see , we are waiting for the fifth touch to our support line . The fourth to didn't actually touch at the resistance line meaning that a reversal occurred to make a double bottom

TechnicalTrader_RSA

BREAKOUT through the Range , waiting for a pullback then we go long

TechnicalTrader_RSA

2012.24 BREAKOUT Will confirm the buy position

TechnicalTrader_RSA

As it wants to make a new high for retracements and short to long