I see a bullish divergence at macd histogram on 4h chart. Profit Targets: 14.03 14.22 14.39 Stoploss: 13,70 Have a nice day, Berk
FX:USDZAR 1. Lower highs formed 2. Resistance holding 3. Consolidation at resistance (bulls out of steam?) 4. 200ema broken 5. Targets from 14.11 to the 13.90's SL 14.63030 TP1 13.90285 TP2 13.60857 TP3 13.37187 Entered at market price 14.33650
This is my view on USDZAR. Not my favorite pair but right now there is good opportunity, also need chart pattern conformation.
Price target is as shown. I will wait for the neckline to break. Most emerging market currencies are set to win value against the dollar.
I don't trade USDZAR but got request from one of my follower...Buy USDZAR now take profit in the chart..please make sure to book profit at every target. Please hit like, share and follow for more ideas. Vinny
USD/ZAR analysis using ghost feed. Took previous price action around before last major swing high to swing low as an idea for future price action. Trade idea based upon previous market structure which is following the most recent trend. The market tends to repeat itself at times; trade idea also reflects that if this plays out, price is contained in downward...
Not much to say, everything on chart.. short for quick profit 1. Very strong resistance on fib levels, getting rejected everytime 2. long term bullish but enjoy the small dip expecting to 0.5 or 0.618 level dip Please hit "LIKE" to support and follow for more ideas on FX and Crypto :) Regards, Vinny
Profit Target: 11.919 Stop Loss: 11.6 Have a nice day Berk
Potential longs on this pair. So we trade a bull break out with buy stops at 11.90, stops at 11.78 and take profits at 12.40 and higher
Interesting setup on USDZAR - Ratings decision on Friday Evening. For reference on setup - read this article . Inflection points identified in yellow shades, interesting volume profile on both the 30min and 1D. Thin volume at current price level, could help the velocity of the bounce! With thanksgiving in the US, we might see a turkey-shoot!! Anyway Juicy Setup@!
a basic view 44 is in a wedge waiting to breakdown or breakout nit have every support and resistance on the chart he also broken down a 1h uptrend line
USD/ZAR 1D Chart: Symmetrical Triangle The American Dollar is trading against the South African Rand in a symmetrical triangle pattern that started to form after a 12% appreciation of the buck in the end of May. At the moment, the figure consists only of five confirmation points, which means that the current formation might sustain up until October. On the...