EUR/ZAR

Nice bearish continuation pattern has completed all we need to do is to wait for priceaction.

Prons: 1. EUR/USD has potential to weaken - the price now is inappropriate to conditions in Euro Area - flat GDP which can negatively affect CPI in the future, 2. CPI is still far from ECB inflation targets - it will take a time to be confident about inflation growth and GDP, 3. Commodities like Gold have potential to growth in the future - it will positive affect ...

W1 --> uptrend. Price in control of Supply zone. D1 --> uptrend broken. New Supply zone. Price remove opposing Demand zone on H4 chart also created very good Supply zone at the extreme of that move down which is nested in Weekly and Daily SZ. Potential short but remmember it is countertrend because Weekly is stll up.

In the 1hr chart, there is a kumo breakout and a TK cross.

Following the path of the related idea <<

EURZAR cross pair is reacting to a bigger timeframe monthly demand zone, new weekly demand zones are being created, last one at 14.21 is playing out nicely. New levels of demand being created. Long bias

Bullish setups after market correction.Long term direction bull

Eurzar over view

sell Position

BULLS CONFIRMED NOW I AM WAITING FOR RETEST FOR ANOTHER LONG ENTRY

EUR is behaving the same way as the USD & the POUND against the RAND EUR/ZAR - The EUR has lost almost 4% against the RAND in 12 days. Will it also bounce back up ?

think there is a good chance to buy the current. Wait a signal (daily candle close on ema 3).

Nothing too complicated. :-) Enjoy

Wait for the D completion

A setup can't get much better than this for the system I am using; both time frames align perfectly to create a low risk high probability trade. On the weekly chart, a return to the wave after a long period of buying the Rand also marks a test of the broken H&S neckline. This is all you need to go look for a trade on the daily chart. Note that the impulse is ...

Bulls are likely going to deliver an upward impulse in wave ((c)) of B

...

Bulls are likely going to deliver another upward impulse in wave {c} of B