Hey everyone Here's an idea on the DOLLAR / ZAR The pair has been in a down trend looking for continuation of this moves in the coming week unless the markets starts indicating otherwise but till then on the 4H chart the pair is currently trading in a symmetrical triangle/pennant which could possibly indicating continuation with the bears lets see how it goes......
Another Wyckoff breakdown. Trying to get in the groove with my new found way of breaking down consolidations. Love when it creates confluence with my other theories. Yellen, One Move One Kill
Bearish market with the possibility of consolidation then strong sell
All the entries should be taken if all the rules of entries are applied . Follow it for learning. Do comment us we will guide you
Good Day Everyone A look at the DOLLAR / ZAR that has been trading in a descending channel hitting LH, LL looking for a continuation of the trend with the bears on the pair in the coming week looking for a break below support level 17.07766 trading below this level will trigger the trade and we'll be short on the pair. we'll see how it goes... HAPPY TRADING...
As price is trickling down and forming an expanding channel, I am looking for a long term sell after price pushes back up for a third touch to complete the the pattern.
DISCLAIMER: My analysis is just a trading idea! As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Good Luck!
USDZAR we all know that it's another most volatility pair in Forex Market. AS we can see, the Dollar is trying to keep its Bullish momentum, but in our perspective, we believe before going further upside, we may see price retracement at this price 17.33000. We are going to short from 17.59000 with a stop loss of 17.78500, and the target zone is 17.33000. PS: ...
Possibility for a short term short on USDZAR. This pair is a high-risk pair as respects fundamentals more than TA. However, like his analysis, there are opportunities.
Im expecting usdzar to drop based off daily imeframe. price may come up a bit to retest but i believe it will fall to bottom bollinger band
Look for an rejection or engulfing candle in the area of our entry or place a Sell limit.
USDZAR broke major down trendline on H4 time frame and create a "W" pattern in H4 and D1 time frame. Price broke key level at level 16.7000 with strong bullish movement and now at point 17.3150 and it has to restest its near resistance at point 17.18000 and if it break that next support than its next target and adopot the point area 16.5000 thats belong to the...
target and stop point are indicated on the chart, good luck.
USDZAR Hitting Top again Must Sell it 🔥🔥🔥 USDZAR 1H now hitting on resistance zone and previously, had to test the resistance and could not continue That it key to profit Sell it on Price close (No break) Goodluck Big Profit ✅✅✅