EURZAR Trading Plan BUY - Riks Reward 1:3
EURZAR is one of the most volatile currencies. One more wave up in the ending diagonal.
Hello dear subscribers! The price of the Euro will fall as soon as it reaches the level of resistance, or rather breaks it. Behind the resistance level is the sell zone. The price after this will go down to the target to around 18.20000. If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
I don't like to trade such instruments but we can see such levels rarely that's why I post it. The price bounced down after the false breakout of Historical High. This chart for that people why don't "believe" in levels)) Dear followers, the best "Thank you" will be your likes and comments! Before to trade my ideas make your own analysis. Thanks for your support!
Hi subscribers! This chart shows how the price was initially at the support level, after which it rose to a key level, from which it went even higher. This means that the first target is at 17.40000. and the second at 17.50000. Good luck to you! If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
EURZAR SHORT SD,FLAG and COT Report Lets See how it Plays
We are now at our target hopefully some of you got in this trade. We hit 1100+ pips and now out of the trade.
Looking at the EURZAR pair, i am waiting for a break of market structure and i am looking at some kind of more lower highs to be created and for the market to repeat itself before dropping even lower. I would also be looking at the top of the rising squeeze before selling to get a better risk to reward. However, there is a possibility that the price might break...
despues de una inducción al alsa para buscar el toque de tendencia y seguir con su tendencia a la baja.
Update - Price is currently at my buy zone, so far it's looking good. Watch for price rejection(wicks, doji followed by an engulfing candles on smaller time frames 5, 15, 30minute charts). Please trade safely.
EUR/ZAR is in an obvious up-trend. Price broke above immediate resistance and now has pulled back to re-test 16.06 and we have seen 3 consecutive trading days close above 16.4 with a closed bullish candle following a doji(daily chart). Wait for London session before entering, if price respects 16.06. Please don't forget that this pair is extremely volatile as it...
Pattern: Channel Up on 1W. Signal: Bullish as the pattern is close to making a Higher Low. Confirmation comes once the RSI tests the symmetrical Support Zone. Target: 16.7500 (just below the Symmetrical Resistance). Previous targets hit: