EURZAR SHORTfinds support at 14.700 area
good opportunity to short.
SL 15.29527
TP1 14.2
TP2 13.39085
After TP1 reached SL to breakeven
EURZAR trade ideas
EUR/ZAR buyOk, I will try this 1 more time. I will look to scalp to that zone, get scalp to break even and see if it will break the high.
EURZAR Short-8 week horizontal range
-Very large 12 month plus potential H&S
-Short on break of horizontal range to potentially play the prepositioning of the H&S
-30 Basis point risk
EURZAR 4hr LONG Price is respecting its channel, although there has been some choppyness.
Large bullish candle off support and looking for a rally higher to resistance
Eur/Zar High risk-high rewardEZ broke the low of this wave 4 flag and has produced some price action that makes it look like it may want to make one last high and complete a large running triangle before it goes down further. Like I said, high risk.... You can refer to my other mark up
EUR/ZAR possible running triangle and sell setupI have an alarm set at 15.143 and will be watching this. If E breaks trend line and confirms will be very nice sell. There was a perfect buy setup that I didn't take, can't remember why, but not the best entry point on the buy right this moment. The sell will be the real trade. The overall pattern in the bigger picture makes sense for a 5 wave.
EURZAR ShortMany rejecting candles in the past 2 weeks. Looks like price is in for a big move down, especially since ZAR is so strong at the moment
ZAR stronger than EUR? After comparing a handful of ZAR pairs I saw that the South African Rand is really killing it! Each pair however showed a break in the ZAR strength, solely due to a 0.9+ correlation in each of them. I picked this pair because of the psychological level; 15.00000, where price has managed to close below hence i believe price will continue to drop. Despite this I will not enter exactly when the market opens but i will wait for the 4hr candle to close lower than the close of last week. My bearish sentiment will be elevated if the 4hr candle passes the 15.00000 zone but ends up closing below the close of last week, because this would indicate that the bulls tried to take control of the market but were obliterated by the bears, it's the equivalent to being in a fight and punching your opponent as hard as you can but he/she seems to feel no pain! Other things I'm looking for is for the DI+ to continue moving lower than the 20 level on the DMI and the ADX and DI- to continue moving higher. I'm targeting 13.51049 but if there is any funny business at the 14.00000 I'm pulling out!
EURZAR Long - Sniffing out the trend change before the crowd!See callout bubbles. The EUR is looking very strong across the board. For the last few weeks, on higher time frame charts, the price has been just hovering in areas where we could see a little jump in price. Let's hone in on a little level on a smaller time-frame chart and find that spot to jump in early before price really begin to rip upwards...
Always measure your risk and be okay with being wrong ; )
SELL EURZARIndeed showing a great Analysis that worked out perfectly before based out on Trading Major waves analysis that infact concludes an active sell after humongous EUR rise and hence now weakness supporting more of the ZAR Strength Perfect sell to the major Support.
EURZAR - Bullish Trend weakening, looking to shortEURZAR - Bullish Trend weakening, looking to short
EURZAR Sell December 1, 2017Sell opportunity after monthly chart ends with an inverted hammer.
Sell at 16.27 with a stop loss above recent highs at 16.43. Take profit at 15.60
EURZAR LONG TRADEAFTER SEEING A MOTIVE TREND WITH A CONFIRMED 5 WAVES,I AM EXPECTING A 3 WAVE REVERSAL.
EURZAR Long November 22, 2017Euro is strong. Buy and aim for a 1:3 risk reward ratio. Stop loss below 16.28 with take profit above 16.65
