We will be waiting for a rebounce at 0.09830 for a Sell
This is just a journal for me. I strongly warn you to not take this in your real account. Good luck!
TP: 9.84 Simultaneously losing the 20-day and 50-day MAs. FX_IDC:AUDZAR
The pair has made a potential Lower Low within the 1D Channel Down (RSI = 37.943, MACD = -0.070, B/BP = -0.1402) and although it may extend a little lower towards the 0.97234 1W Support, it should technically rebound towards a Lower High. We have estimated this at 10.200 and this is our TP. ** If you like our free content follow our profile...
The pair is attempting to develop a Channel Down on 1D by currently pricing a Lower High. 9.9000 can be taken as a potential short target.
educational purpose only. learning and testing skills. please dyor and make decisions based on your analysis. i am not responsible for your decisions and outcome
educational purpose only. learning and testing skills. please dyor and make decisions based on your analysis. i am not responsible for your decisions and outcome
AUDZAR Cup and Handle pattern detected! Good to go long.
Next move after it successfully completed our corrective wave. Wait for the formation of a little impulse before you go all in.
Recently a friend was interested in moving a portion of money out of South Africa to Australia. Some news came out about the South African President, Jacob Zuma, firing the respected economy minister. The Rand slipped quite a bit, the individual was concerned that they should have moved the funds out, so I performed an analysis of the Rand trend to validate if it...