South African Rand/Japanese Yen

Expecting price to hit 618 level. Price currently holding on 100 average.

zarjpy short

Looking for a buy entry.

The South African Rand has depreciated substantially against the Japanese Yen within the last six weeks, thus forming a channel down - valid for most of this downfall. As apparent on the chart, the rate failed to reach the bottom channel boundary in its last wave down and, subsequently, breached the upper line mid-session. This failure was an early indication that ...

I wait for priceaction for short on the top, At the moment buy is not an option for me.

The South African Rand is trading in a channel down against the Yen in force since late June. The last four sessions were marked by a lack of distinctive direction, thus driving the rate sideways. Subsequently, the Rand plunged swiftly mid-today, thus reaching the lower channel boundary. The given move has pushed technical indicators in the strongly bearish and ...

hedging my bet with a Pullback trade as well

publishd on weekly for scale

have also place a BO on daily TF

ZARJPY is in bearish trend within a LT (bullish) falling wedge reversal pattern. I do not think it is ready to break higher and I expect another large leg lower to retest the bottom of the wedge. Currently near resistance, it offers a great Risk Reward Ratio for a short.

The Rand has been in a Long Term downtrend. After breaking out a rising channel, which looked corrective, it now appears ready to resume lower.

K

buy signal

Long to 8.90 1st target.. Gap has been filled.. https://www.tradingview.com/x/7VJx8vks/tea cup pattern.. On the handle..

Good daily with bullish price pattern forming on intraday. Limit below D50. More info in video about Monthly, Weekly, Daily and intraday. https://youtu.be/FTy-qkvMoAw

Looks like we can go short here. Butterfly plus 2618 trade is coming along, we can expect channel brake as well..Price have been in uptrend for some time now.

check dialog box

Hello everyone, we have an opportunity to SHORT this pair. I have highlighted the targets on the chart. For any questions leave a comment or DM me. Good Luck