Selling USDZAR on H1Selling USDZAR on H1, but selling against up trend, I won’t stretch my Tp far until sellers create a new low on H4.Shortby TraderSpageUpdated 0
USDZAR DAY TRADINGUSDZAR is one of my safe heaven pair, i trade it once in a while, here is my daily target for today, jump on the bag if you seeing this.. Longby stuckinprofit1
EXPECTING HEAD AND SHOULDERMAJOR TREND IS BULLISH, if you know Elliot wave, you know that waves have waves. we are in a bullish trend, market is doing wave 5 but wave 1 of wave 5 is completed now I'm expecting wave 2( has A,B &C)of wave 5, that is why we might have H&S pattern. when wave 2 is finished, market will continue going up. NB: you are free to add your comment. always use proper risk management. to become successful trader you must be able to accept lossesShortby Bonga015
UZI really hate that this is what I see but as a manager of capital, therefore feelings need to be cut out and discarded. (I am hoping to be wrong) Yet I see this and will wait for a right shoulder to complete. Then a break in the neckline, a last kiss and impulsive bullish candles then we find an entry and ride the whole way.Longby Mhangwane11
UZThis is very nice, because it is slightly textbook. Yet knowing the fundamentals of the country, we will break through any sell bias you can think of. One day my goal would be to push that price all the way to either less R5/$ for a dollar or even to 1:1. For now I just would like to set a realistic goal of under R15/$. With the right leadership and the fight in our hearts we could and we will and when it happens, I'll come back to this post and clap for us as a nation. 🫱🏿🫲🏿🍾👑😁by Mhangwane10
USDZAR- BULLISHEat the tail on 6 Months: 1.Also the smaller time frame ranging above the previous 6 months candle/Resistance 2.Dimond pattern as additional confirmation for breakout Looking for and early entry at current price to manage risk, hence a breakout from the candle also is a good entry NOTE: For my Japanase friends Ichimoku is Fired up on Higher time frame Waiting for 3 Pushes on 120/240 Longby Jeremiah_Capital0
USDZAR shortsI see a strong move down on usdzar from weekly high down to equilibrium. long buyers should come to rest and selling momentum should increase. Shortby goldreagan118
USD/ZAR target hit at R18.48 & we have another dreadful target It pains me to say our USD/ZAR trade hit the take profit level at R18.48 and now it looks like further upside for the USD is on the way. Another Cup and Handle has formed, which has broken above the neckline. And if we place the stop loss below the handle, we get the next target at R19.71. 7>21>200 RSI>50 Target R19.71 With interest rates on the rise in America after Daddy Powell mentioned more upside to come, meanse investors will continue to invest in the US dollar with high income yielding assets like Bonds, Money Markets and High interest savings rates options. As long as interest rates (or the fear of them) continue up, we will continue to see US dollar strength which will bring down many other exotic currencies like the rand. Longby Timonrosso6
USDZARprice created FOZ , and price is expected to drop after reaching the SUPPLY zone in the channel Shortby PAFG5
USDZAR SELL OFF - INSIDE INFO (BTMM STYLE)Bull run extension over, Buyers trapped. Massive sell opportunity right now. My work speaks for itselfShortby thenotoriousfx6
USDZAR Turning Bearish?Hi A look at the USDZAR H2 chart, the price is bearish at 18.20, with daily momentum pushing down at that level. The price could form a bullish low near 17.99 that sets up a bearish pullback either at 18.28 or 18.40. Alternatively, the price could pull up from the current price level to test the 1840 level and fall. Monitoring is required. Risky! A stochastic indicator shows that the overall trend is bearish, with a bias of 17.41406 and a price target level of 17.671. Shortby KhiweUpdated 2
USD ZAR Bullish TrendUSD ZAR in Bullish Trend My is bullish trend continues. I will take a long entry with the buy limit order.by asjadm2
Usdzar buy 1.1825Usdzar hitting top bolinger on daily and declines to test red support SCD band on daily. Some buyers around here creating bullish engulfing on daily. Buy 1.1825 let’s see if buyers will push price higher to test top bolinger on daily again. If price declines more i will be looking for more buy setups around blue SCD band below.Longby Forexblade3
South African President Elects New Minister - USDZAR SHORT (BTMMWe have a trendline breakout on the H4 + South African President Elects New Minister. Ideal time to short this pair that's overbought.Shortby thenotoriousfx112
southAFrican rand - shifT iN momentuMhigher timeframe (daily) supply zone in control on hourly we have trendline break as price is trading below it showing shift in momentum to the downside with targets at 1hr liquidity pool which is nested in 4hr demand level.Shortby currencynerdUpdated 7
Rand relief still in playI’m just revising my previous idea. My view for a pullback has not changed. On the 4h the MACD looks set to cross to a sell signal while we still have a degree of bearish divergence on the RSI. A break below 18.35 will allow the rand to pull the pair lower towards the 23.6 Fibo rate at 18.10. I do however expect some support in the range between 18.17 and 18.22. The longer-term move towards the parallel channel neckline and blue 61.8% Fibo retracement rate of 17.83 (as per my previous idea) still seems probable given the overbought status of the dollar across the board. I however do not see the rand pulling the pair below 17.83-17.87 at this stage. Shortby Goose96Updated 2
Bullish outlook for USD/ZARWeaker Rand - currently noticing a sweep on liquidity and the dollar is looking stronger Bullish outlook for ZAR Longby KingDee57Updated 2
USDZAR Potential lower High formed looking to ride downtrend Looking at a potential downtrend forming to swing down to form a lower low and grab some pips Shortby SHAQZ1
usdzarMy idea perfect market rejection ,always believe. Watited for market to show reception then reactby Code-bread1
USDZAR -BEARISHUSDZAR BEARISH in 1HTF. printed Evening Star at LH possible down movement furtherShortby RIK061
USDZAR SELLING POTENTIALPRICE ON USDZAR HAS BROKEN OUT OF A REVERSAL structure with very strong momentum, now a lower degree continuation has been formed and awaiting breakout to trigger shortsShortby MusyFx1
Zone Trading The first step in zone trading is to identify key levels of support and resistance on a chart. Support is the price level at which buying pressure is strong enough to prevent the price from falling further, while resistance is the price level at which selling pressure is strong enough to prevent the price from rising further.Once these levels are identified, traders can then look for zones between these levels where price tends to oscillate or consolidate. These zones may represent areas of potential opportunity for traders to enter or exit positions, depending on whether the price is approaching or retreating from the support or resistance level.0by kingdomseekingnow111