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SOUTH AFRICAN RAND / U.S. DOLLAR

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ZARUSD trade ideas

UZD/ZAR ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽‍♂️ Raising wedge 💲 Entry Point : 19.08024 🟢 TP1 18.96309 ⚠️( Close 50% of the trade and Set the SL on EP )⚠️ 🟢 TP2 18.84412 🔥 ( Final result)🔥 🔴 SL 19.19555 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Short
by EMA_Trading
USD/ZAR ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽‍♂️ Demand zone + RSI Oversold 🟠 EP 18.89879 🔴 SL 18.98955 🟢 TP1 18.77636⚠️( Close 33% of the trade and Set the SL on EP )⚠️ 🟢 TP2 18.68988⚠️ ( Close 33% of the trade )⚠️ 🟢 TP3 18.59142🔥 ( Final result)🔥 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Short
by EMA_Trading
2
USDZAR-RANGE 4-hourly chartCurrently we are under pressure and this may go further until somewhere 18.5150-18.5300. The overall pattern (daily chart is easier to see) is a large "W" shape, and we are supported trend line near 18.5100. The neckline of the W is somewhere 18.9350 estimated. For those playing a larger play, may consider looking at this pattern, either by early entry or on break-out. Strategy short-term is BUY near 18.5100- and place SL @ 18.4350. Profit @ 18.8575 or SELL near 18.8500-18.8800 and place SL above 18.9450. Profit order @ 18.5975 now. Medium-term play consider BUYING near 18.5100 and place SL @ 18.3875 and take profit at 19.6550.
by peterbokma