Bonga01

Bonga01

There is a strong rejection on the resistance zone, on our Weekly Time frame we can see a Reversal pattern (H&S) Which is forming, we have our 1st Shoulder (left)and the Head, I'm just waiting for the market to reach the neckline, then we should expect the market to go up(more buys) to complete a 2nd shoulder.

Bonga01

We have break out on our weekly time frame, so now the market is retesting, it is close to 50% zone of Fibonacci, I'm expecting for it to go up a bit to reach 61% zone then the head & shoulder pattern will be completed, then we should expect a strong long bearish trend.

Bonga01

im waiting for bullish reversal patterns plus candle stick pattern b4 I buy, if u're applying fibonacci retracement u should c that the market is at 61.8% zone right now.

Bonga01

We already have double top on H4 n it has been broken, we can take our target to our support zone n wait for reversal patterns or continuous ones since im expecting for it to push down all the way to our support trend line.

Bonga01

the retest has been completed (check D1 to c clear) we have double bottom plus bullish engulfing (check D1 for bullish engulfing)

Bonga01

im waiting to buy strong after this pull back, which is a retest of a break out

Bonga01

trend is an up trend but it been ranging between support and resistance, but its on support zone again, let wait for reversal pattern to confirm a up trend