Hey tradomaniacs, welcome to another free trade-plan . Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation. USD/ZAR: Day-Swingtrade-Execution Market-Sell-Order: 17,15500 Stop-Loss: 17,47000 Target 1: 16,78760 Target 2: 16,50000 Target 3: 15,97500 Stop-Loss: 320 (3200) pips Risk: 1% Risk-Reward:...
Hello, here is my analysis for USDZAR . IF YOU NEED MORE UPDATES YOU CAN FOLLOW US. Let me know in the comment section if you guys have any questions. If you like my analysis please hit like. Thanks.
GOOD DAY EVERYONE HERE'S AN IDEA ON THE USDZAR PAIR , LOOKING FROM THE MONTHLY WE HAVE A BIG BEARISH CANDLE JUST ABOVE MY 38.2% FIBONACCI SIGNALING STRONG MOMENTUM TO THE DOWNSIDE. > ON THE WEEKLY WE ARE STILL IN THAT DESCENDING CHANNEL MOVE TO THE DOWNSIDE STILL VERY STRONG WITH TWO FULL BEARISH CANDLE TO THE DOWNSIDE > WE MIGHT SEE A BIT OF CORRECTION/...
The market shifted since the 20th of may to a bearish eviorment. Now it just retrace back to the 0.382 fib level of the upper move and found a resistance structure. IF the market will manage to break and restest the resistance area we can look for a short position with a nice risk reward with a target around the 0.5 fib retracement. ––––– Here is the...
GOOD DAY TRADERS HERE'S A SHORT IDEA FOR THE USDZAR PAIR... RISK MANAGEMENT PERIOD - SWING
Waiting for a good retracement to the zone of resistance and then hopefuly see the ZAR getting stronger, pushing the USD down.
For educational purposes only, trade & enjoy!!!
Hey Guys! Like and comment if you like the content. 👍 Subscribe will be a lot of interesting 👌 Sale of the pair after correction SL and TP indicated on the chart DISCLAIMER: The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.
Price recently broke out of wedge formation, expecting price to continue move towards support zone 17.30523
We will be looking for selling opportunity if price breaks the area of previous support now turned resistance. After the results of IRD, there is no doubt, that trend will continue. Pullbacks offer value.
USDZAR OUR FIRST TARGET REACHED Hello, here is my analysis for USDZAR . Let me know in the comment section if you guys have any questions. If you like my analysis please hit like. Thanks.
Hello, here is my analysis for USDZAR . Let me know in the comment section if you guys have any questions. If you like my analysis please hit like. Thanks.
I believe we are still trading within the bounds of the daily pennant that formed over the last several weeks. Visible on the chart is the 4H descending Channel I have drawn in as well as the 1H descending channel I have drawn in both of which are currently respected, both falling in line with the daily pennant formation. The purple and orange arrows denote the...
Hi Traders, Have a look at this idea and see how you can benefit from it. Good luck, FIBZ