EURZAR trade ideas
EURZAR on a double bottom 🦐EURZAR on the daily chart bounced 2 times over a monthly support creating a perfect double bottom reversal pattern,
The market after the break of a descending trendline is now moving to a weekly resistance and according to Plancton's strategy if the price will break above we will set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EURZAR on a perfect double bottom 🦐EURZAR on the daily chart bounced 2 times over a monthly support creating a perfect double bottom reversal pattern,
The market after the break of a descending trendline is now moving to a weekly resistance and according to Plancton's strategy if the price will break above we will set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EURZAR Buy (LTF) to Sell (Swing)Hello everyone, if you like the idea, do not forget to support with a like and follow.
(daytrade) Buy based on 1HR TF (directional perspective) 15min Entry
(swing) Sell based on Weekly H&S retracement 4HR entry
BUY (Intraday)
Entry: 17.04816
Take Profit: 17.21587
Stop Loss: 17.21587
SELL (Swing)
Entry: 17.18148
Take Profit: 16.76930
Stop Loss: 17.26263
Good luck!
All Strategies Are Good; If Managed Properly!
~FX_SHIFTER
EURZAR SHORT In this starting week we have a bearish market sentiment for the EURZAR nice for getting good pips until support is reach or touched
Good Selling!!!!
And then we can look for a buying opportunity on the support line!!!!
EURZAR 4hrs order blockIt can clearly be seen the volume in which price used to move away and break through the resistance to the upside previously. Currently price is returning back to mitigate of the order block printed before the BOS i.e order block. Expecting price to step on the block and reverse
EUR/ZAR:FUNDAMENTAL ANALYSIS+PRICE ACTION|NEXT TARGET|SHORT🔔🔔The Eurozone CPI for July is predicted to decrease 0.1% monthly and increase 2.2% annualized. Forex traders can compare this to the Eurozone CPI for June, which increased 0.3% monthly and 2.2% annualized. The Eurozone Core CPI for July is predicted to decrease 0.4% monthly and increase 0.7% annualized. Forex traders can compare this to the Eurozone Core CPI for June, which decreased 0.4% monthly and increased 0.7% annualized. The Eurozone Harmonized Core CPI for July is predicted to decrease 0.3% monthly and increase 0.9% annualized. Forex traders can compare this to the Eurozone Harmonized Core CPI for June, which increased 0.2% monthly and 0.9% annualized.
The South African CPI for July is predicted to increase 1.1% monthly and 4.6% annualized. Forex traders can compare this to the South African CPI for June, which increased 0.2% monthly and 4.9% annualized. The Core CPI for July is predicted to increase 0.5% monthly and 3.1% annualized. Forex traders can compare this to Core CPI for June, which increased 0.3% monthly and 3.2% annualized.
The forecast for the EUR/ZAR turned bearish after price action failed to extend its rally, set a lower high, and formed a double top.
Can bears pressure the EUR/ZAR into its horizontal support area?
You can find our Website/Telegram Links in Description Below in "Find me on" ↓↓↓
EURZAR on a channel break 🦐EURZAR on the 4h chart created a triple top below a weekly resistance.
The price is currently testing the ascending channel trendline over a daily support and according to Plancton0's strategy if the market will break below we will set a nice short order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.