Bullish trend seen in an hourly chart. It is expected that it will continue this trend for the coming hours
Bullish rally is seen with series of HH, HL, It is expected that it will follow the same upward trend.
Enter a long position for currency pair EURZAR. Target previous swing high for take profit.
EURZAR $EURZAR Continuation Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
Price is in a downtrend...The momentum is going down...Price has created an OB and should come back to mitigate it
Simple throwback. Market cycle. The likelihood of reversal is more likely. If D1 candle doesnt break the resistance, I'm looking forward to SHORTS.
TRADE ALERT: EUR/ZAR IDEA: SELL (GO SHORT) - Would you BUY or SELL and WHY? PRICE ACTION: (BREAKOUT of an Inverse Cup and Handle) TIME FRAME: DAILY FUNDAMENTALS: Some policymakers at the ECB (European Central Bank) have said the situation in Ukraine could cause the ECB to slow its exit from stimulus measures. Then we have Russian forces which have seized Europe’s...
EURZAR has been trading in a bearish parallel channel and just recently broke the channel. The barometer now is the falling trendline, which will helps to short on strength. Alternatively, break above the falling trendline will call bulls back in the party and long positions should be open. Trade your levels accordingly.
An inverted h & s model is created in EUR / ZAR. Because the pattern is created in a reversal state, this state can be identified as an acclumation state at the moment. This is currently in a strong demand zone. (If you have not previously traded in an exotic pair, please refuse this)
EURZAR after being in a bearish trend (the pole of the flag) moves into the bullish parallel channel. The current price is at the middle of the channel. Two possibilies are here; The bearish flag pattern will come into play and price will drop sharply if it breaks down the channel. However the breaking above will result in bullish continuation and one can enter...
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Opportunity for the pair, never miss to capitalize an important move Risk $200 to gain $1,050 (1:5.25 RRR )
We are at the end of a zigzag correction pattern and we are expecting a bearish move
EURZAR on the daily chart bounced 2 times over a monthly support creating a perfect double bottom reversal pattern, The market after the break of a descending trendline is now moving to a weekly resistance and according to Plancton's strategy if the price will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure...
Inverse SHS completed. Entry on Monday at market. Stop 14 ZAR. First target (33%of the pos) 15.6 ZAR.
Hello,Friends! Indecision in the market is changing Towards a clear bullish sentiment And the price action on the lower timeframes Is clearly supporting this narratve Therefore, I think it is a good idea to go long! Like and subscribe and comment my ideas if you enjoy them!
EURZAR on the daily chart bounced 2 times over a monthly support creating a perfect double bottom reversal pattern, The market after the break of a descending trendline is now moving to a weekly resistance and according to Plancton's strategy if the price will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure...