Welcome to this analysis about ZARJPY, we are looking at the 4-hour timeframe perspectives. As when looking at my chart we can watch there how ZARJPY has developed this bearish wave-count to the downside and has now formed this bearish symmetrical-triangle-formation marked in my chart with the black boundaries. Within this formation, ZARJPY has the...
Price broke a previous day low, hit a RBR and reacted with a bullish impulse and closed above the previous day low. Is the downward push market manipulation? Will be looking for confirmation to go long at the potential right shoulder/QML.
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute...
Price pattern is almost the same as EURJPY, potential H&S. Price showing sign of weakness last night late trading session at a QML and a previous area of supply. Going SHORT to target the neckline.
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for...
Here is a video update of a previous trade set up I shared a few weeks back.
The South African Rand is bullish in the currency pair as interest rate differentials make buying this currency pair a very attractive trade for yield-seeking investors.
We look at entry price, take profit targets, and one-month volatility stop loss
In this video, we take a look at the sharp recovery in the South African Rand against the Japanese Yen.
We firstly look at why the Yen got stronger in this exchange rate at the beginning of 2020 when the Covid-19 pandemic cause stock markets to fall and safe-haven demand into Japanese Government Bonds to strengthen the Yen.
However, since stocks have staged a...
Good night Everyone 👋🏾
So, here we have another 4H chart.💥
I've marked my resistance key levels (A), my support key levels (B).
I've marked the trendline (D), and spotted what appears to be a bullish flag, making me believe that ZAR might go up enough to hit our TP. 💥
Feel free to use this trade yourself.
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We get back in our ZARJPY with a lower low made on the 2H. We have been bearish this pair since last week and we expect to get full validation this week. Full analysis is attached on the initial short.
Another good entry right here for this pair...That yellow zone is good resistance being the 8H kijun,4H kijun. Notice also that the 8H is currently through going through a bearish twist which adds to our bearish confluence. We want suck all the juice from the pair kkk
SL : 6.410
TP : 6.288
R : 3.5
Smaller position because we already have a...