USDZAR is getting ready for nice shortUSDZAR is one of the most volatile currencies. One more SMALL wave up and good correction possible. Here is M10 timeframe
Usdzarforcast
USDZAR SHORT IDEA Looking at the bigger picture, we had a fail at the second touch to push the price higher. Price is starting to squeeze at the top and we had a fail swing that has formed. Looking at a possible correction towards the downside (Aggressive)
Sell around 15.3665
Trail around 15.49250 and so on
NFP-USDZARUSDZAR is in a CRITICAL zone to sell but i see the continuation of the previous BULLISH move, honestly but NFP is few hours to come, it might push the market up or push it down. But i will not do anything on it until after NFP, it might be next week.
If you know how to trade NFP, why not but the best is to protect your money.
SPOTS TO LOOK OUT FOR ON USDZARI have been on the sideline watching how things are playing out.
Lookout for price at 14.55 and 14.31, Price could break or respect it.
USDZAR At CRITICAL LEVEL (What I Will Do)USDZAR is at a critical level where the price tends to reverse on 3 occasions, will price break it or reverse?
USD seems to be gaining strength this week. i will wait and see if the price can break the zone and continue on a bullish move, I will wait for the retest to confirm my entry.
And if it pulls back, i will still wait for a retest to confirm my entry.
All in all, personally i don't trade Mondays only if the market provides a strong opportunity that is when i consider trading Mondays.
Its a new week don't get caught up in the erratic movement.
DO THIS, IF YOU ARE NOT IN YET2,500 pips on two position secured in the bag already, if you are not in yet, look for a possible pullback to enter.
My 3rd position is still active, i will ride it down.
If it pulls back, slam it with another entry!
A safe trade on USDZAR!If it is useful for you, support that with your likes/comments and if you have your market view, please share it in comments
also, you can ask me questions...
Have a great day everyone!
USD/ZAR: Swingtrade-OpportunityHey guys,
just an idea and inspiration for you. ;-)
Seems like we continue the downtrend.
USD/ZAR : Sell on Pullback ConfirmationTrend going down making lower lows continue, Sell Expected on Pullback
USDZAR BOUNCE ABOVE R15 (LONG in long term)I think we will see bounce back to above R15 level. The question is when!
If we see break of current key zone, the price may continue to fall to the next support zone and a sharp bounce above R15 level.
Otherwise it may bounce next 2 days from the current key zone.
Make decision based on the price action.
Trade at your own risk.
This is just my opinion. I am a beginner level trader with only 5 years experience.
Best Regards,
Rufan.
USDZAR BUY SETUPpotential buy setup .... I will update following this analysis , so follow to get the notifications of potential trades entries :)
USD/ZAR IdeaCurrently the price is in the no-trade zone, however, a break from the descending triangle pattern will give us a confirmation for going short
USD/ZAR AnalysisAs per the last analysis, we saw a huge dump, but this week expects it to grow a few steps up, as the shadow of the last candle shows buying pressure.
USDZAR POSSIBLE BULLISH MOVEWe have a possible right shoulder for price action guys and end of wave 2 and beginning of wave 3 for Elliot enthusiasts.
Good luck,
Fibz
USDZAR Still SHORT but Watch Out Trendchange LONG to comeHello to all watching my charts.
Here in USDZAR we have a nice chance
to get a look at a trend change to long.
The pair is still SHORT
(in my blue longtime shortchannel)
but has been made a nice Long try in the
shortterm green channel as well and now:
Watch out
1. the red marked line and
2. the blue resistance line in the range 14.68
Both lines have to be skipped and than
we have a nice Long.
Please check that and have an eye on it.
If you want to know more about my trading style
send my a mail.
Good trades
Renkotrade
USDZAR BEAR PLANHi Guys,
I really love this pair because its very specific in the way it moves if you have spent enough time with it. I kept this analysis simple because I don't see any major bullish opportunities because our analysis of the dollar is not strengthening anytime soon.
But this is the market keep your eyes neutral and stick to your plan!
Good luck,
Fibz
