EURZAR trade ideas
Break above 15.20 will setup for a long entryDownward ABCD move is completing. Could see strength coming at above 15.20 level or see slight pullback toward the trendline and then move up.
EURZARITS SAFE TO GO SHORT ON THIS TRADE, THE BEARISH FLAG AND THE HEAD N SHOULDER PATTERN APPROVES, BUT IF GOING SHORT, SET SL AT 14.7417
EURZAR SHORTHit first target now almost at second. Looks like it could keep it up and make it to the third.
EURZAR trend continuation pattern formation I am expecting breakdown of this bearish flag or B wave. First entry is based on entry before breakout of trend continuation pattern and second entry is based on entry after breakout. Remember this flag may extend itself but will remain intact for sell setup.
EURZAR Reversing LongEURZAR appears to be at the end of its three-months-long decline. That decline consisted of 12 down-weeks in a row, and may have completed with a hammer candle, followed by an up-week that also gives a stochastic buy signal. Last week's up-week also had higher volume than the previous four weeks.
EUR/ZARHello Traders
The Pairs of EUR/ZAR is High Risk Moving... I alway Trade careful for long term...
Thanks For Watching
Cheers
Alan Tang
economic.net.au
Volatility Breakout EURZAR 30m Long 20160517Strong/weak pair. Needs to close above resistance line. then retest resistance-turned-support line to enter.
SELL EURZAR NOW- LOW RISK SHORT TRADE :
Entry : SELL @ 17.2388
Target : 16.1965
Stop : 17.6582
Risk Level : LOW
RR ratio : 1:3
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