EURZAR watch for BO or failure if EUR bull manage to break the TL, there's possibility it can test 18.100 high. Else it will complete a minor C wave to make 1 impulse drop toward 13.400
EURZAR trade ideas
EUR/ZAR - Long - Counter Trend
SL: 2838 pips from entry based on ATR calc. Just below previous month close. Last week open.
TSI: merging about to cross
RSI EMA: Crossed both 3-4 days ago
VZO: riding the zero line in uptrend with a retrace
ASH: Bull Cross with 3 blue bars
EMA:
200W: found support 2 weeks ago
200D & 20W converging (target?)
Weekly chart:
5 cross 10
TSI cross
AK_TREND: Flat
Challenges:
Weekly chart looks to want to test downside.
ZAR MANIPULATED AGAIN!After $ millions recently being paid for previous manipulations some time ago, there are obvious ones happening again!!! Hope that all big (banking and other) players will be caught even quicker and punished more severely this time!
Swing Trade - Long 09/02/2019Swing trade opportunity long potentially to take place over the coming 0-4 weeks towards the take profit area indicated.
EZ completed AB=CD pattern EZ completed AB=CD pattern
Look left - there is nice structure level
We can sell EZ now and aim for
Target1: 15.2526
Target2: 15.17
Stop: 15.529
EUR/ZARBuy EUR/ZAR @CMP. my first target is 15.8694. yMy final target is 16.2910. SL. 15.4512.
Good luck
EURZAR possible short Expering more downside on this pair towards the previous lows.
Tight stop loss above the bear flag on H4.
EURZAR PARALLEL CHANNEL | Break-Out CandleEURZAR PARALLEL CHANNEL
Break-Out Candle has a sizeable wick length. The next candle did not retest the line.
EURZAR Long PositionExpect the EUR and USD to gain some strength over many developing countries currencies in the near future. We had a positive daily green pip movement corresponding nicely with our MACD! I am however going to be looking closely at the riots occuring this weekend in France as things can get out of hand really fast with the political climate in that country and the impact it might have on the Eurozone in general.
Buy EUR/ZARThis is just a journal for me. I strongly warn you to not take this in your real account. Good luck!
