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USDZAR

UPDATE!! USDZAR another selling signal on the go 🦐After last call on this pair the market is giving us another selling signal. Price manage to break the structure in yellow during the past trading days and retested the structure, as soon soon the price will break and close below the blue structure we can look for another selling order according with our strategy rules. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Short
by InkyGrip
USDZAR BuyTrading is not 100% knowing where the market will go to but it sometimes means with proper fund care you can enter special opportunities such as this one. Price is at Support deciding to break above its local minor resistance which gains my interest, I believe price may struggle to push ahead certain price ranges but confident that the Greenback will push ahead knocking out Sell Order. Entered Bullish in this trade at its exhaustion, left some key notes on this chart.
Long
by RiosTrades
1
Update on USDZARPreviously we were interested in shorting USDZAR. The take profit was hit on the USDZAR Short (2.78%) and now we will wait for another opportunity to present itself. USDZAR is rapidly approaching a supportive trendline, presenting a opportunity to go long at the trendline. However, traders should also be aware that USDZAR is also following along a resistive trendline, meaning that USDZAR could break below the supportive trendline and continue heading down. Once price is at the supportive trendline, we will monitor it and wait for a good opportunity to present itself. We will only open a position if price action gives us a valid entry. Be sure to follow me for more ideas and analyses. Best of luck traders!
by sharaafatm
USDZAR 17.29250 -0.3% SHORT IDEA Good Day Everyone Here's an idea on the USDZAR pair which has been trading in a descending channel and rallied up in an ascending channel within the descending structure looking for a rejection in the descending channel and a break below the ascending channel to trade with the bears on the pair, a break below the ascending channel will signal this short position should the plan be satisfied... _________________________________________________________________________________________________________________________ entry & sl - follow you rules RISK-MANAGEMENT PERIOD - DAY TRADE TARGET - 16.9034 _________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Short
by PULEMokhothu
Looking To Short USDZARUSDZAR is currently trading upwards towards a strong resistive trendline and a resistance zone. Once price reaches the resistive trendline and the resistance zone, bears can look to go short if price action presents a good opportunity. A stop loss would be placed a few pips above the resistance zone, and the ultimate target near the supportive trendline. This would provide a nice risk to reward ratio of 1:3 A more conservative approach to the short is to wait for a break of the counter-trendline (green trendline on the chart), and open a short thereafter. If price fails to reach the resistive trendline, traders can go short upon the break of the counter-trendline, although the risk to reward is poorer. Take your trades based on price action once it gives you a valid entry. Do not enter your trades blindly. Be sure to follow me for more ideas and analyses. Best of luck traders!
Short
by sharaafatm