- As per the previous idea (link attached below)
- Price is up against previous support / now resistance - TP & SL on chart - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- Currently bearish on the pair on the bigger picture - Bearish flag developing on hourly - Waiting for a break and confirmation below 1.4579 *Please "thumbsup" and "follow" if you would like more ideas. - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
JSE:BWN - The stock has been in strong downtrend - Some consolidation so on the watchlist - Aggressive entry will be Daily close above R3.15 else what for confirmation around R3.50
- Price has retraced back to the 200ma - Price action is giving clues of a potential bounce - Stochastic oversold - SL & TP on chart - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- Finding support on the 100ma and currently above 50ma (4HR) - Target a move to R16.32 - Stop Loss around R15.46 - R/R is 1.5 - Weaker dollar will aid Financials - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- Above 200ma - Break of symmetrical triangle FX:USDTRY - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
JSE:PSG - Price is looking bullish - Cup and handle pattern - First target R226 then R237 - Close below R208 zone will negate the picture - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- Possible trade lining up here, be patient and wait for the break to confirm . - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
JSE:MRP - Price is finding support at previous lows - Tendency will be a bounce to the top of the falling wedge and possible break of it... - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
JSE:TKG - Price has retraced to the 0.618 level of the last move. - Weekly trendline support / Stochastic oversold - On watchlist, will wait for price action to confirm a long entry.
-Trend is bullish -Bull flag -SL & TP on chart FX:EURAUD - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- Trend is down - Price action showing rejection on the 4hr chart - Stoploss : 82 zone - Targeting: 79.50 area MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
NYSE:DIS - Price formed a nice head & shoulders and has been rejected from the neckline - Targeting gap close - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
As per previous posting - BRAIT JSE:BAT broke out from the flat top triangle but was met with resistance at the 100ma - Trade closed by trailing S/L - Will be watching where in closes today for further clues.
As per previous analysis, BITCOIN continues to move to the downside and has closed below the 200ma on the daily which adds to the bearish outlook. COINBASE:BTCUSD - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- The $11000 zone continues to be a area of resistance while $9300 is providing support. - Last week's breakout was short lived but the trade is still relevant unless price breaks thru and closes above $11000.
- Price is approaching a strong downtrend resistance area. - Trend is still down on daily 200ma - Wait for a confirmation candle to print on the 4HR chart to confirm selling pressure - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.