EURZAR trade ideas
Is the South African Rand exortic enoughI am looking for long opportunities on EURZAR and what I like about exotic pairs is that they hardly range, they are always trending and soaring like an eagle, up the sky. I am targeting the A=C level. With the number of increasing Corona virus case in South Africa I think the South African Rand (ZAR) will be severely affected.
EurZar short ideaIf price breaks out of the Ascending Wedge pattern, I am expecting it to fall towards the outer trend line for support from the Broadening Wedge
EURZAR. A key level has significantly helped the price rise.Hi subscribers!
This chart shows how the price was initially at the support level,
after which it rose to a key level, from which it went even higher.
This means that the first target is at 17.40000.
and the second at 17.50000. Good luck to you!
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This idea does not provide the financial advice.
EUR/ZAR UpdateWe are now at our target hopefully some of you got in this trade. We hit 1100+ pips and now out of the trade.
UPDATE - EURZAR WEEKLYThis trade has just hit our last TP(3)
+1478
We posted this trade on the 24th of December it took exactly two months for the trade to complete!!!!
EURZAR SELL (LONG TERM) Looking at the EURZAR pair, i am waiting for a break of market structure and i am looking at some kind of more lower highs to be created and for the market to repeat itself before dropping even lower. I would also be looking at the top of the rising squeeze before selling to get a better risk to reward. However, there is a possibility that the price might break and i will get in with trailing my stops from 16.3710 price range. Waiting for the market to show me whats possible before i trade this pair. Care with this one, as many brokers have high spreads on exotics
EURZAR Go long (Weekly Chart)This is our Christmas present that will mature next year, this pair is approaching its lowest level for the year and it's time for the bulls to have
their chance. Marry Christmas have a lovely one with your loved ones and family!
EURZAR BUYweekly/daily we have a mega triangle structure up for a breakout...down to the h1/h4 we have a wedge pattern awaitng a breakout
Seguimiento de tendencia Bajista del ZARdespues de una inducción al alsa para buscar el toque de tendencia y seguir con su tendencia a la baja.
EUR/ZAR UpdateUpdate - Price is currently at my buy zone, so far it's looking good. Watch for price rejection(wicks, doji followed by an engulfing candles on smaller time frames 5, 15, 30minute charts). Please trade safely.
EUR/ZAR Moving up & upEUR/ZAR is in an obvious up-trend. Price broke above immediate resistance and now has pulled back to re-test 16.06 and we have seen 3 consecutive trading days close above 16.4 with a closed bullish candle following a doji(daily chart). Wait for London session before entering, if price respects 16.06. Please don't forget that this pair is extremely volatile as it can move 300-500 pips in a day.
eurzar analysisalthough euro has been very bearish lately , this pair looks like a nice long-setup. we've got this major support zone lining up with this trendline , right at the 61.8.
we've also got a gartley pattern with its entry right in this zone.
and we are already seeing rejection.
let's see if we can get some nice risk to reward ratio on this one upcoming week
EURZAR Buy SignalPattern: Channel Up on 1W.
Signal: Bullish as the pattern is close to making a Higher Low. Confirmation comes once the RSI tests the symmetrical Support Zone.
Target: 16.7500 (just below the Symmetrical Resistance).
Previous targets hit:
