EURZAR trade ideas
EURZARWe maintain a long term bearish approach to this pair. Presently, after a break of structure, we have a corrective move targeting the unmitigated zone at 20.39 price handle. On the 4 hour time frame, we have a change of character and internal break that informs our buy position at 19.9
EZ Sell ideaEz in fib majoy golden zone
creating head and showlder pattern
divergence
trade with the trend
price in downtrend on daily 4 hour
look for break of neckline of head and showlder pattern to enter sell
look for trade on major sessions
let,s make some $
EURZARPrice came up to a previous resistance level and formed a hammer candle indicating price is ready to head back down.
RSI is overbought that is also a signal for a sell.
Good luck friends. :)
EURZAR-Bearish TrendAccount Size: 10000
Lot Size: 0.13
EP:20.2953
SL: 20.4293
TP 1: 20.1403
Tp 2: 19.9958
EURZAR - BEARISH CONTINUATIONCurrency pair made a bearish divergence at last HH and broke below HL. Its currently trending in a downward bearish channel and is likely to continue the bearish trend.
EURNZD Buy setup ideaLooking forward to price moving Upwards considering the formation of an upward trend. HL and HH are forming on the 4H timeframe.
EURZAR harmonics pattern AB=CDEURZAR harmonics pattern AB=CD marked, entry point is break of lower low which is point B and stop loss is point C.
EURZARFor the better part of the year, the South Africa Rand has weakened against major currencies. Q2 we saw a reversal. Presently we have completed a bullish correction that grabbed the trend line liquidity. We have or sell limit orders placed either at the liquidity level of 20.67125 or unmitigated supply at 20.71422. Our projected exit is the liquidity sitting below the equal lows at 19.209.
euro zarlet breack down uro zar
wait for retest than sell euro zar
wait for pull back/change structure
go for your short
EUR/ZAR showing strong upside to come - OUCH!This analysis hurts my pocket.
Travelling around and living in Europe means we pay in Euros. Hotels, flights, costs, etc...
And I unpleasantly am doing an analysis showing how the Euro looks like more upside is to come.
It's this kind of analysis I really hope I am 100% wrong.
Anyway, upside is to come bease on the Reverse Cup and Handle.
The price bounced on the 200MA and said, nope we are going up. Let's go euros!
And now, it looks like the next target is to a gloomy R22.44
Bullish FlagAs there is no divergence, and we can observe a bullish flag hence it can be predicted as a continuation of a bullish trend
EURZAR continuation to the upsideSince last week, EURZAR has been in a strong uptrend from the 19.40000 level. Recently, we have broken out of the descending channel that was maintening it inside a bearish structure. What we are seeing now in my opinion in simply a re-test of the 20.6500 level that was a resistance and is about to turn into a support to continue higher up to 21.3000 probably next week.
EURZAR -Bullish Cont(Ascending Channel)Series of Higher Highs and Lows printed under Bullish pattern and no divergence seems, whcih signalled continuation of bullish trend potentially.
EURZAR Double TopEURZAR has rejected a resistance at around 20.40 and has created a double top, creating a faekout. The pair has failed to create higher market structure and a loss of momentum next week would make price fall.
EURZAR Bullish ideaEURZAR right now in ranging, if bullish breakout happen then there is a buy stop order placed and TP will be R2, if rejected from resistance then there would be a instant sell order and ranging support will be a TP.
EURZAR still in a bearish structureEURZAR has been in a bearish market structure for the past few days. The pair created lower than previous highs and lower than previous lows confirming the trend all the way. Right now we have been testing a key support which if broken will accelerate the new bearish leg. More details in the video...
EUR/ZAR C&H to R17.32 - with a warningCup and Handle has formed over the last few months with EUR/ZAR.
We got a break down below R19.65.
Now it looks like there is further downside to come for the EUR which is good for the rand.
21>7
Price >200
RSI<50
Target R17.32
The big warning technically is that the EUR/ZAR is flirting with the 200MA. Until the price breaks down, then I'll feel more comfortable with this analysis.
EURZAR - Continuation of New Bull TrendEURZAR has printed HH and HL thereby confirmed new bull trend. Now after 2nd HH, the pair entered into correction and completion of correction is depicted by Bullish hammer and engulfing candles.
Bullish Momentum Building on EUR/ZARStarting with the price structure, EUR/ZAR has been forming a series of higher highs and higher lows, indicating an uptrend in progress. This pattern suggests that buyers have been gaining strength, consistently pushing the price higher after each pullback. This type of price action often reflects a shift in market sentiment towards bullishness.
Adding to the bullish case is the presence of a trend line, which acts as a dynamic support level for the price. This trend line connects the higher lows and confirms the upward trajectory. As long as the price remains above this trend line, the bullish bias remains intact.
Furthermore, the recent breakout above a significant resistance level adds further weight to the bullish scenario. A break above resistance signifies that buyers have overwhelmed sellers, potentially opening the door for further upward movement. This breakout could also attract additional market participants who were waiting on the sidelines, thereby amplifying the buying pressure.
TARGET 1 : 20.9321
TARGET 2 : 212674
According 4H Analysis the trend is bullishAccording 4H Analysis the trend is bullish. This idea only for education purpose make your trade your own risk
Weekly AnalysisBro Just give it a chance. I know you dont like Zar but just look at this setup...it looks like it has potential. plllllssss
