Hey Traders, Lots of traders are looking at the USDZAR and current price action areas. Particularly this comes at key resistance/rejection areas. Watch for more.
Look for a series of higher highs and higher lows on the price chart. Enter a long (buy) trade when the price makes a pullback to a higher low, anticipating that the uptrend will continue. Place a stop-loss order below the most recent higher low to manage risk. Take profit when the price makes a new higher high. Downtrend Trading: Look for a series of lower highs...
Day trading using moving averages can be an effective strategy for identifying trends and potential entry/exit points in the market. Here's a four-step system for day trading using moving averages:
Hey Traders, The USDZAR has risen in value for a significant period of time. Which begs the question, why and where to get short? Many traders (including high volume/institutions) will be looking for high prices to short as you have seen various other times. Here's my TA.
How's everybody's trading going ? take a quick look at this set up to see if this could help out your trading . Talk with you soon
Achieving a successful entry in forex trading hinges on your ability to comprehend the structural elements at play. Start by gaining a clear understanding of the market's current structural dynamics. Next, it's essential to analyze the candlestick formations to determine which party is likely to control the market. Often, traders tend to overemphasize patterns and...
there are confirmations .On the daily timeframe we can see a Head and shoulder pettern and 1hr we can see tripletop..morelike an M formation check 15 minutes for a sell
A helpful suggestion is to wait for a candle to close and ensure that the entry candle surpasses the previous candle's closing price above the moving average pivot line before entering the market for confirmation.
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,...
outlook of usdzar and xauusd is moving in the same trend
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
by analyzing statistics generated by market activity, such as past prices and volume. Technical analysts believe that the market discounts everything and that price movements, rather than fundamentals, are what ultimately drive the market. Technical analysts use charts and other tools to identify patterns and trends that can suggest future activity.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
looking 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
Thank 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*
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Clear double top pattern on the USDZAR, a break-out on the up trending support line now turned into resistance. Please share your thoughts below on the analysis