Called it a week ago. If you saw it and traded it , you are welcome lol!! :)
We took a little intra-day buy on USDZAR based on the details in the chart. The Risk/Reward is decent and we are just looking to ride the trend here to the upside. We will lock in gains after a 0.3% rise in price.
I have been on the sideline watching how things are playing out. Lookout for price at 14.55 and 14.31, Price could break or respect it.
If it is useful for you, support that with your likes/comments and if you have your market view, please share it in comments also, you can ask me questions... Have a great day everyone!
SELL : 14.36000 TARGET : 14.0000, 13.6555 STOPLOSS : 14.6050
Trend going down making lower lows continue, Sell Expected on Pullback
I think we will see bounce back to above R15 level. The question is when! If we see break of current key zone, the price may continue to fall to the next support zone and a sharp bounce above R15 level. Otherwise it may bounce next 2 days from the current key zone. Make decision based on the price action. Trade at your own risk. This is just my opinion. I am a...
From The Daily time Frame we see That the pair crossed the trendline and bounced back which tells us That the pair obeys the Trend which is Bullish Look For Entries in Lower time Frame Use Risk Management
potential buy setup .... I will update following this analysis , so follow to get the notifications of potential trades entries :)
USDZAR D1 -Created triangle pattern -Wait for trend line breakout -Need Strong breakout candle =Buy signal
Hello Traders! We would like to show you a game... While Penguins are on the hunt, you can easily join them as well! It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs. Targets are marked on the chart as a crosshair. Heart in the box - a place to jump in/out Sign with exclamation mark - places to be aware of a few...
USDZAR South Africans first line of defense might loose strength in the coming days
This idea is for demonstration and educational purposes and does not constitute a signal. We got a nice impulse off of key support. We can expect a pullback/correction on a lower timeframe before continuation. Use your confluences before entering and trade at your own risk. Join my USD/ZAR webinar or sign up for one-on-one mentoring to learn price action trading...
Currently the price is in the no-trade zone, however, a break from the descending triangle pattern will give us a confirmation for going short