Usdzarshort
USDZAR KLLER SELLUSDZAR SELL
From the above chart we can notice that price was trending upwards strongly, however price lost its momentum and started consolidating for a while and then price started breaking previous support levels, indicating a change in momentum.
When I noticed the breaking of numerous support levels, I waited for price to retest the previous support level now turned resistance level in order to take a sell. This USDZAR Trade resulted in a 280 pips Move.
USD/ZAR : Sell From Top of the StructureDouble Top and Ascending Channel Pattern forming for Reversal in downside.
ThankYou
USDZAR SHORT SETUPPotential short setup on USDZAR after breaking out of the channel and retesting it.
Also, take note of the ending diagonal after the breakout and retest.
USD/ZAR - SELLon the D1 chart , we have potencial double top, on the H4 - we have cross and test daily ascending trend line and crossing corrective trend line with Engulfing bar , we expect to see down move to 18.0000 level
USDZAR technically based forecast
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💡 USDZAR technicaly based idea, we can see price is bounce from supp line - trend line, two tops are created, technicaly indicators showing we can expect trend revers from this position.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
HELLO USDZARTo me this is a nice short. We have some nice structure forming on this pair. many confluences which indicate short me, my favorite being the 61 fib rejection! ;)
Good r:r I will happily take losses when the r:r is so good :)
USDZAR SHORT IDEA, simple chart simple explanationHey guys, looking at ZAR for a short opportunity. The 1 hour trend is Exhausted.. not really looking at "what" will happen more like when. Patiently waiting for it to break that first trend line however a Head and Shoulder pattern has formed, extra confirmation. Got in on a 3 finger setup. Sell till next structure, which if its respected, will be resistance to Buy.
:) -PGP
USDZAR Current Market outlookAfter a successful long trade this is my outlook on current USDZAR market .
USD/ZAR : Big Drop Ahead Sell From Top of the Structure , Let see how Market Move in Downside.
ThankYou
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
Could USDZAR go Higher or Lower?Hey,
Just mapping out some ideas about what could happen with this pair over the next few days and weeks.
Would prefer the longer term option which is obviously long just need a reason to get it and preferably lower, much lower.
T$
USDZAR SELLSELL USDZAR AT RED LINE
TP AT GREEN LINE
SL AT BLUE LINE
BREAK OF TRENDLINE AS WELL AS 21 MOVING AVERAGE ACTS AS DYNAMIC RESISTANCE
USD/ZAR : Wait For SHORTPrice May be push upside then possible a downside movement after test the Double Top Pattern.
or Sell After any kind of BearFlag Pattern.
ThankYou
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
