eurzar is finnaly ourisde the resisctanse lince sinco jan 2020. Is this a fake out or break out? let me know your thoughts.
EURZAR is in major downtrend. I stalked an uptrend and waited for my confirmations. CONFIRMATIONS: 1. BOS 2. BOTL 3. REVERSAL PATTERNS/SIGNS
My Bias for all these pairs is that they will form a Wyckoff theory pattern and then shoot to the upside as demonstrated below. Most of them may be slow but they will eventually make it to the bias if not then we move on. ...
German Industrial Production for April is predicted to increase 0.5% monthly. Forex traders can compare this to German Industrial Production for March, which increased 2.5% monthly. The German ZEW Survey Current Situation Index for June is predicted at -27.8, and the German ZEW Survey Economic Sentiment Index at 86.0. Forex traders can compare this to the German...
EURZAR on the 4 chart test the monthly support and start to trade to the upside. The price is testing a minor resistance zone and according to Plancton's strategy if the market will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure ->...
17.32788 Resistance Level Turned Support is the next level to watch for a price action signal in the form of a pin bar or engulfing candle. The initial entry for this trade idea came on 26-Apr-2021. The entry was the pin bar at time 16:00. Entry 17.23070 Stop Loss 17.19988 R-Multiple = 3.15R Note: Stop loss level was below the EMA 10, EMA 20, and...
EURZAR Pin Bar + EMA 10 + EMA 20 + Trend Line + Momentum
EURZAR Pin Bar + Exponential Moving Average (EMA)
after break out the support level price might be to test the level and then make a lower low to give us a short opportunity
Market showing future promising trade which should breakup at some point, channel still in tact but once broken it should give a very long bull ride so watch this space.
EURZAR Buy Opportunity Here: Looking For A Slight Pause In The Downtrend::: These Opens Up Nice Long Opportunity For A Few Pips.. SL & TP on Chart!!!
Hi Traders, This is my view on this cross for the next few days. #EURZAR BUY 18.067 SL 17.837 TP 18.5 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy you will be able to identify the right filters and triggers to...
This is another easy and straight forward setup. This appears to be an Elliot wave 5 wave fractal pattern. It seems to me that we are probably in wave 4, though I do not think wave is finished yet. Wave 4 likes to finish near the top of wave 1. We should be in the ABC/complex correction of the minor waves. We are in a small uptrend that is actually a bear flag in...