Here is my idea about the USDZAR based on my trading system. hope this helps and I'll be happy to hear about my mistakes! Target: 0.4% Stop Loss: 0.2% Risk/Reward Ratio: 2
Hey tradomaniacs, welcome to another free signal! Instructions: We need to wait for the market to break below the trendline again! After that we can place a sell-order! ----------------------------- Type: Swingtrade Sell-Limit: 14.28553 Stop-Loss: 14.39170 Target 1: 14.13445 Target 2: 14.01953 Target 3: 13.94713 ----------------------------- ...
We are going short on this trade ( if you hadn't gathered that by the title ) after a bounce of a well respected resistance level in the weekly, daily and 4H timeframes. NFP is today so whatever you trade the trade carefully and reduce risks by moving SL into profit where possible.
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
USDZAR rejected resistance zone. Can go short.
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
USDZAR completed a running flat on the daily time frame, expecting another leg down for the completion of the larger degree B wave.
13.46895 is a key resistance level that will be respected, and with the 2 added trendlines ( purple arrows are where price has previously touched and respected these lines ) we can see no other direction other than down with this pairing, so we are in a sell position at the moment but we have a tight SL just above our resistance level just incase resistance is...
Price target is as shown. I will wait for the neckline to break. Most emerging market currencies are set to win value against the dollar.
Not much to say, everything on chart.. short for quick profit 1. Very strong resistance on fib levels, getting rejected everytime 2. long term bullish but enjoy the small dip expecting to 0.5 or 0.618 level dip Please hit "LIKE" to support and follow for more ideas on FX and Crypto :) Regards, Vinny
A perfect Pitchfork that price touch the top line and is coming back to the mid line to complete the ABCD pattern. I use Fibo time Cluster to mention the area that price reach to the mid line.
USDZAR seems to consolidate on resistance now It might drop to the psychological level of 13.000 In next 2 weeks Be careful in trading this pair, its very dangerous It can make you lot of money and it can take you lot of money Trade with proper RM/MM and money Management Good luck guys
The South African Rand seems to gain some traction against the greenback. It's expected that the South African Rand will strengthen to approximately R12/$. There is a possibility of a retracement to the support turned resistance at 13.2000 level which also corresponds with a 50% Fibbonachi retracement level on the 4 hour chart. If it doesn't pull-back, I'll short...
1 To go up if markets already priced in trump uncertainty post press conference. 2) To go down (forecast is actually conservative so, expect even lower reaches) if market hasn't priced in trump uncertainty. Trump has no real policies and markets may see this when he's confirmed. 2 seems most likely but things have been a bit weird around trump, so expect 1 as...
Look at the behavior around the resistance (blue line) and the flag