Mr Nel USDZAR analysisUSDZAR broke out and rested my up trend, we looking for selling opportuniesby Tsakane7998111
USD/ZAR Wave 5 Sell-OffUSDZAR has been trading bullish in the long-term or higher timeframe, we are currently trading in a corrective phase as a 1-2-3-4-5 where wave 1-2-3-4 has already occurred and we are waiting for wave 5 completion. Wave 4 is a possible triangle pattern, keep in mind that waves 1 and 4 can not overlap so we can use that idea to use as stop loss or invalidation level. After wave 5 completion, we can expect a short-term corrective pattern in the upside direction before the last drop as a (c) wave.Shortby Weshareio1
USDZARDue to the rand Being up and making thing hard for SA i am focasting that it should drop to the R14.90 mark its been long since it touched that pace... Idea Not A signal Learning But Earning Evolve or Remain Longby NeoVinciUpdated 886
USDZAR 2023 FORCASTlooking at USDZAR on a daily timeframe we noticed that the bullish market structure has been broken, where the market was creating higher high within the trend channel the market just broken out of the trend channel and retested the support of the trend channel Short02:28by khzacapital884
USDZAR SHORT | ASSIGNMENT | WEEK 7USDZAR going short because its following the dow theory and also the TP is just at the very strong resistance.Shortby ahmedmehmood68221
What i see coming...what i see coming for this coming week. Is buys. till the resistance. this because you can see that the market is or has formed the new high low and is getting ready to break above the current resistance. and if it breaks above it. i will have a clear confirmation to be look for buys. what could invalidate this set up? is that the market can retest on the current resistance and move further down and continue with the bearish trend to the downside lets use proper risk management and lets do the most Longby Ramokaelo443
USDZAR WeeklyThe best time to analyze the market is when its closed. After a analyzing the weekly chart of USDZAR, I think this market could continue its overall trend to the upside. The market is currently under the 14MA, meaning this market is selling. Lets compare last week engulfed sell candle compared to this week. WHERE IS THE SELLING MOMENTUM? It does not make any sense for this market to have amazing selling power last week and this week it died down. Consistency is key and this market is NOT consistent in the selling momentum. Looking at this market, I am expecting USDZAR to continue to travel towards the upside and I am expecting this market to break the highest high 19.06 continuing to go higher. We will see :)by Vanaaad660
USDZAR break down Following the break of the present consolidation, USDZAR should make a massive movement to the down side ,hitting 15.672 because it the 0.5 fib level of the highest high Shortby udodsam333
USDZAR PENNANTKey characteristics of a Pennant pattern When looking at a Pennant continuation pattern, you will see the following: A flagpole: A Pennant pattern always begins with a flagpole, which differentiates it from other types of patterns (such as the symmetrical triangle). The flagpole is the initial strong move preceding the symmetrical triangle. Breakout levels: There will be two breakouts, one at the end of the flagpole, and one after the consolidation period, where the upward or downward trend continues The Pennant itself: The Pennant is the triangular pattern formed when the market consolidates, between the flagpole and the breakout. The two converging trendlines form the triangle - the Pennant. These characteristics can be seen with respect to the Bullish Pennant PatternLongby LION_KING_FX1
#USDZAR Weekly chart - exhaustion - time for some rand strength?#USDZAR lots of indecision from the bulls & bears but the fact that we have had 3 lower highs and 3 lower lows on price in the last 3 weeks (weekly candles) suggests that the ZAR bears (USD bulls) are exhausted. I am expecting some rand strength in the next couple of weeks. First target 20dma at 17.17, but rising daily so 17.30 would be an approximate level to watch for.Shortby MarcoOlevanoUpdated 553
USDZARmoved as we predicted running in verey good profit now price action is best way to analz markets till todayShortby Worldofchartsfx3
Channel/BreakoutUSDZAR is currently at an interesting point. The price is now on support and on channel's support. There are more reasons to buy the pair right now than to sell,though we must also leave a room for bears as for this channel can be broken at any time. On this setup. We are definitely waiting for a catalyst to appear, FOR SELL we have to place trades after a candle closes below the support and breaks the channel below. For BUY we are waiting for a pair to print a doji candle or any other form of bullish candle. Lets Download Sucess .by Trazlo553
My Weekly Analysis 52 Pt. 2Thank you everyone from the bottom of my heart for watching the videos, I still can't believe its been a year of these videos. I go through my currency pairs and analyze them while listening to music and talk to you guys. *not a financial advisor*Long20:00by robel2324111
USDZAR swing update Hello Traders, We recently posted a chart mark-up for sells for USDZAR a couple weeks ago. This is the update.Shortby Skyboxpips113
USDZAR currently running a sell heading towards tp. with the trendlines strategy ive managed to spot a down trend currently mainly cause the market has respected our rules and has played along. Trendline was broke which was an indication of change of direction by katlegotlou112
uszarTrading is the buying and selling of financial instruments in order to make a profit. These instruments range from a variety of assets that are assigned a financial value that goes up and down – and you can trade on the direction they take.Longby Tisetso_Ncanana222
what's your take on this onelooks like we taking out previous lows i may want price to retrace first to continue going downby fxnase115
USDZAR 1 DEVIATION LOWER ?- - Weakening Dollar offers more downside perspective in RAND - USDZAR completed Wyckoff distribution and moved 1 deviation lower - Looking for a re-distribution, followed by another deviation lower - Downside target = Imbalance = Previous Year MiddleShortby xtrader11
let the market come to youcan we see some pulling back now that we have entered a bullish fvgLongby fxnase1
what's your take on this oneam still looking for short till next week lets keep riding till the floor make it damn simple thats the way to goShortby fxnaseUpdated 332
USD/ZAR is breaking out of a critical channelOANDA:USDZAR is breaking out of a critical parallel channel We have been short the Rand (i.e Long the USD/ZAR pair) since it broke out of the previous parallel channel, however the Rand is gaining strength against the dollar. We closed the position once the rand hit the 1.618 fib extension target at R18.38/$. We have switched to a long position on the ZAR due to the following (i.e short position on the USD/ZAR pair): 1) There are multiple bearish divergences that was flashing at the R18.38/$ target 2) We have now closed 5 daily candles below the 50day SMA 3) Rejection at the 1.618 Fib extension target 4) Daily close below the parallel channel that has been in place for a good portion of the 2022 Targets are as follows: 1) R16.8/$ - This is the strongest support and one should close majority of the trade at this target 2) R15.87/$ 3) R15.2/$ Good luck Shortby TraderMagz110
USDZARPLEASE MAKE SURE YOU READ. If you wanna go fast, go alone. If you wanna go far, go with people. Those of you that are willing to be apart of the people I want to go with, Let's Go and let's build each other on the way there.😁😁😁😁😁😁by Mhangwane1112