shorting eurzar when it breaks the wedge with a clean nice break.
forming Ascending Channel In daily Tf And Got Rejected From Channel Resistance Rsi Printed Bearish Dirvergence Wait For Macd Crossover To Enter Expecting Lower Channel Line To Be tested Incase Of Breakout Will Crash Further
There's a bull flag that has recently formed which has broken out strongly and now looks like the first target will be heading to R19.19. Not great for the rand but luckily we can go long the Euro to make up for it.
moved as we predicted running in verey good profit now price action is best way to analz markets till today
will likely to continue uptrend falling wedge breakout has already done looks ready for bulish move
EUR/ZAR is showing classic textbook analysis of a Cup and Handle. It's broken out of the brim level and is showing strong demand (buying) to come. The first target is to around R18.23. CONCERNS: There is a rising channel which the diagonal line is a strong support. If the price breaks up and out of this channel, we can expect major downside to come for the rand....
EUR/ZAR - Daily is in a channel and is doing exactly what we thought it would do a few weeks ago... As long as it's in the channel it's in a sideways consolidation period. What else should I analyse for you?
Double tops, even highs. Supply zone. if we can't break above. Sell to the end of the range\ Wait for confirmation! set up: potential early reversal
EURZAR Target Price 17.731. Pin Bar tail protrudes through a previous pivot point at price 17.327.
EUR/ZAR hit take profit from the September 6th, 2022 trade idea. Link To Chart: Link To Image:
Bullish Engulfing Candlestick formed on Pivot Point, EMA 10, and EMA 20. Expect EURZAR to move +1265.9 units.
EURZAR $EURZAR Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
Parallel Channel formed on the EURZAR currency pair. Short Market Execution Order.
EURZAR Target Price 16.25386. Parallel Channel on EURZAR currency pair.
A comparison showing the widening in moves between the USDZAR & EURZAR
Price closed above trend line. Retest occurred at trend line. Enter a long position.
EURZAR Entry Price 17.07628; Take Profit Price 17.38314