I am seeing it go all the way up from the technical side but fundamentals always have the last word . The first reason why I see a buy is the fact price reached a previously tested support and gives us a third touch confirmation as you can see with the rectangle. The second reason I buy id the fact I seer the price has tested the bullish channel's support . I...
This currency is consolidating to reverser the trend
AUDZAR H4 -Down . Khiwe At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it...
Respecting 50ema line, down trend. Supports become resistance. Its going downnnn
South African Rand is entering a relative strength period against the Australian Dollar that unleash 2 trading Ideas. First Idea: buy for 10-20% profit with similar stop-loss. Second Idea: buy for long term (at least 1 year) and benefit from both positive interest differential and positive trend for at least 30% estimated gain with 20% stop-loss.
support at 50SMA, targets are on the chart. if you find my charts useful, please leave me "like" or "comment". Thx
Trade last wave c of Y in WZY correction - nice and fast short expected
AUDZAR 2hourly bearish set-up, and you can estimate your SL with the DSL Resistance from 12.3051, confirmation required on alert, looks bumpy ahead following a loss in volatility in the higher time frames.
potencional divergence, wait to break trend line and sell
Pattern: 1W Rectangle (9.5820 Support - 10.5700 Resistance). Signal: Bearish as the price completed a cyclical Lower High within the pattern. Target: 9.9000.
AUDZAR - bearish Shark pattern completed