Price has been bullish until the 4h fair value gap got triggered at 18.50000. Now we have a bearish sentiment, because price swept the 4h liquidity before the mitigation. To strengthen this scenario price has cleared the swing low to give us displacement, we are now looking for a flip that will make a sweep and simultaneously mitigate the rejection block at...
We have 4h liquidity sweep, shifted bullish and initially made a minor sweep to mitigate the breaker block, followed by the first break to the upside then after an internal sweep to mitigate the order block… looking for a pullback to the unmitigated order block then a hike to the buy side liquidity…
HI FRIENDS!! As we can see this USDZAR again near at support zone we have good chance to join the rally as we can see US $ is holding support and all major pairs. this pair is also holding a strong support and trading above a uptrend line zone, so our risk and reward ratio is fantastic on this pair let's see what markets brings its just a trade idea share Ur...
Looking at USDZAR on our weekly chart we can notice that USDZAR has been failing to break to the downside as has been respecting our previously outlined levels. To elaborate further we can take note of the fact that USDZAR’s failure to break through our 17.50xxx Psychological level confirmed a new higher low on the pair after which it started rallying back up and...
We have been waiting for the pull back entry and the time is now looking going long is the only way now the buyers are in no second guessing here we go
USDZAR | Weekly Looking to the left on USDZAR based on my initial analysis, we notice that we he had a target for USDZAR at 21.2xxxx - 21.5xxxx after which we saw USDZAR rally all the way up to 19.93xxx creating a new high for the USDZAR we saw it fail to break above our 20.xxxxx psychological level. After failing to break above the 20.xxxxx level we noticed...
usdzar ready to big drop are you ready for big bearish
PRICE ON USDZAR HAS BROKEN OUT OF A REVERSAL structure with very strong momentum, now a lower degree continuation has been formed and awaiting breakout to trigger shorts
Price has been rejected impulsively from the third touch of an ascending channel and is currently printing a trend continuation flag. Will be looking forward to taking this short opportunity if and when it materializes.
Falling Wedge formed on USD/ZAR 7>21>200 -BUllish RSI >50 With the Jobs data coming out much better than expected, and with the rising interest rates - this seems to have a positive effect on the US dollar as investors are putting their money in it. The economy is clearly booming and earnings are coming out better than expected. My first target for the USD/ZAR is R18.40
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.
Currency Pair : USDZAE Possible direction : Bearish Technical Analysis : Price has formed multiple liquidity grab on the 4h timeframe after an strong impulse from the resistance level. As long term trend is bearish, highly likely this price will continue to drop to support level Possible trade recommendation : Bearish as per chart sketch Press like button if you...
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.
The best time to analyze the market is when its closed. After a analyzing the weekly chart of USDZAR, I think this market could continue its overall trend to the upside. The market is currently under the 14MA, meaning this market is selling. Lets compare last week engulfed sell candle compared to this week. WHERE IS THE SELLING MOMENTUM? It does not make any...
USDZAR has formed a strong bearish price action with strong liquidity grab from the resistance zone. The price already over extended in the higher timeframe and likely to reverse to complete a healthy retracement to the downside. as the price started it's downtrend, a sell trade is high probable after retesting the previous support turning resistance.
Since the breakout of the Cup and Handle formation, the rand has just been falling against the US Dollar. The target remains and I'll keep you posted on the process. I still hope I'm wrong!
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.