EURZAR trade ideas
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:
EURZAR. Strong drop in price.Hello dear subscribers!
Now the price of the dollar is falling sharply
and it is continuing to give its donation.
Therefore, be careful, the support zone did not help the price drop
and there is a high probability that it will go down even more
and reach its target!
Good luck to you.
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This idea does not provide the financial advice.
EURZAR, Bearish Gartley Complete, PRZ being TestedThe price is testing right now the PRZ and it's showing a big probability of reversion to down side. Wait for more complementary signals.
EURZAR 15M - Bear Divergence SetupSee chart for analysis. Target 2200 pips
Bulls painted new higher high.
Time to correct. Wait from trend line crossunder to enter.
Be vigilant of fake out at very beginning of crossunder
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