Selling only after the break below the HMA and the retest of the liquidity zone **This is just my trading thought process and does not constitute as financial advice. **Please trade with proper risk management*
EURZAR instrument shows perfect bearish harmonic AB=CD pattern with double top reversal.
A bearish Cypher on the Weekly timeframe is near completion. Price is currently within a Weekly order block and we will most likely see a lot of trapping behavior in this region. This area is arrived at after a very long bullish trend and so as a result we will most likely find a build-up of both institutional volume as well as day-trader volumes. On the daily...
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
EURZAR $EURZAR Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
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...
MN TF - Uptrend WK TF Temporarily reacting off WK Supply zone as the price is holding D1 TF
The Eurozone CPI for July is predicted to decrease 0.1% monthly and increase 2.2% annualized. Forex traders can compare this to the Eurozone CPI for June, which increased 0.3% monthly and 2.2% annualized. The Eurozone Core CPI for July is predicted to decrease 0.4% monthly and increase 0.7% annualized. Forex traders can compare this to the Eurozone Core CPI for...
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...
Hello Friends! I think now '' Short '' position. Trade_ID: #B20000303 EURZAR - Buy => Entry Point: 19.48921 => Stop Loss: 19.15776 => Take Profit: 20.21436 You will take only 1-2% risk for all running entry You will try to give an alert when need to close it. ....Thank you... ©Learning Forex
Trend Is Your Friend 1. One touch, Two Touch and Three Touches complete a trend. 2. EMA acting as dynamic resistance 3. Market has entered an area of sensitivity @ 19.8000 also know as a psychological level where institutions place orders and take profit 4. Waiting for 3 two hour candles to show signs of rejection to place sell...
Hey everyone Here's an idea on the EURO / ZAR pair that has been rallying with the bears and was rejected at support level 19.77624 and pushing up trading in a ascending triangle looking for a continuation of this move with the bears in the coming week. looking for a break of support level 19.77634 to trigger the trade if there are significant moves with the...
completed the wave we were waiting for. Top from our chart and our RSI is at its highest but not over bought. price actions confirms a Sell.
1)Wait for candlestick confirmation or Double top formation in the Lower time frame. 2)Trend line breaks down in hourly time frame
EURZAR SELL LIMIT ZONE FLIPZONE ON MONTHLY SUPPLY RSBAND
Should be up in profit if you entered my alert last week. I'm still short EURZAR long term. it's a slow mover