ZARJPY - South African Rand / Japanese Yen (3 hours chart, OANDA) - Long Position; Short-term research idea.
Risk assessment: Medium {volume & support structure integrity risk}
Risk/Reward ratio ~ 1.9
Current Market Price (CMP) ~ 8.084
Entry limit ~ 8.050 on May 12, 2025
1. Target limit ~ 8.160 (+1.37%; +0.110 points)
2. Target limit ~ 8.250 (+2.48%; +0.200 points)
Stop order limit ~ 7.945 (-1.30%; -0.105 points)
Disclaimer: Investments in securities markets are subject to market risks. All information presented in this group is strictly for reference and personal study purposes only and is not a recommendation and/or a solicitation to act upon under any interpretation of the letter.
LEGEND:
{curly brackets} = observations
[square brackets] = important updates
(parentheses) = information
~ tilde/approximation = variable value
-hyphen = fixed value
Risk assessment: Medium {volume & support structure integrity risk}
Risk/Reward ratio ~ 1.9
Current Market Price (CMP) ~ 8.084
Entry limit ~ 8.050 on May 12, 2025
1. Target limit ~ 8.160 (+1.37%; +0.110 points)
2. Target limit ~ 8.250 (+2.48%; +0.200 points)
Stop order limit ~ 7.945 (-1.30%; -0.105 points)
Disclaimer: Investments in securities markets are subject to market risks. All information presented in this group is strictly for reference and personal study purposes only and is not a recommendation and/or a solicitation to act upon under any interpretation of the letter.
LEGEND:
{curly brackets} = observations
[square brackets] = important updates
(parentheses) = information
~ tilde/approximation = variable value
-hyphen = fixed value
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.