USDZAR is expected to sell off for short-termTraders, prepare for a compelling short-term trading opportunity as our forex signal points towards a potential sell-off in the USD/ZAR pair. The analysis revolves around the key 0.618 Fibonacci retracement level, signaling a strategic entry point for those looking to capitalize on a short-term bear
USDZAR-BUY strategy 4-hourlyI aborted LONG @ 18.8500, but feel we will see higher. I just did not like the decline that took place before.
Stochastic is becoming positive, and we have upward room until around 19.0450.
Strategy BUY @ 18.7500-18.80 and place SL below 18.6700. Profit order @ 18.9850.
USDZAR-NEUTRAL BUY 4 HourlyThe pair did decline towards 18.8300 from the higher 18.9900, and re bounce again. it is possible we are starting the move higher based on "W" formation, which has neckline 19.0450 area.
Strategy BUY @ 18.8500-18.9250 range, and place SL below 18.6700. Profit order @ 19.4350.
USDZARHello guys good evening so as we can all see the south African rand against the US Dollar is giving us signs of a massive sell of so I'm gonna be placing my buys when I see a clear break of the yellow bar with a bullish engulfing candle.
Stay tuned guys.
Time to eat
Still holding The chart is self explanatory :)
I'll set to BE during this london session and look for additional trades
USDZAR-SELL strategy 4-hourlyThe pair has moved up sharply on gold movement. Now we have a stochastic that is neutral, but I feel judging pattern (a large triangle structure) and near high Keltner.
Strategy SELL @ 18.9150-18.9800 and place SL @ 19.0850 and take profit @ 18.7550.
USD/ZAR ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽♂️
Demand zone + RSI Oversold
🟠 EP 18.89879
🔴 SL 18.98955
🟢 TP1 18.77636⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 18.68988⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 18.59142🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable
USDZAR - Daily Weekly Overview 13-12-2023Global markets not doing so great. Although we have seen some strength on ZAR, it has nothing to do with our economy. This will not last long. We expect short these coming few weeks of Dec 2023 and bullish from Jan 2024. We also have some Elections in April 2024. Micro economic factors are not makin
USDZAR🔥USDZAR ranges is over Probably..
The monthly candle closed as buys taken over probably..
Follow your Bias...this is just an IDEA/ANALYSIS
📈📉
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
