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Eurzar!

EURZAR on a weekly support 🦐The market after retracing till the 0.5 fib level is now putting pressure on the weekly resistance in red. If the market will manage to break and close below the structure we can look for a nice short order according with our strategy with a huge rr. ––––– Follow the Shrimp 🦐 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 Plancton0618 strategy will trigger.
Short
by InkyGrip
EURZAR Short PositionsEURZAR is trading in a descending channel, which price seems to be respecting very. Recently, there was a rejection at the resistive trendline and a break of the counter-trendline, presenting an opportunity for bears to short the pair. The first target is the support zone. Be sure to use proper risk management and do not oversize your positions. Be sure to follow me for more ideas and analyses. Leave a comment with your thoughts below, all input is appreciated. Best of luck traders!
Short
by sharaafatm
UPDATE !! SHORT EURZAR another great sell signal 🦐We have been in this trade since long but the market seem to make a further bearish move. The price found a resistance area at the 0.382 of the fib retracement and it currently stay above it. If the market will manage to break the resistance structure, at the resets we can look for a short order with a target around the 0.5 retracement area and possibly 0.618 for a nice r/r. For the one who kept the trade since our first call they can set a trailing stop around 19.23 area and move the tp to the 0.5 fib. ––––– 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 Plancton0618 strategy will trigger.
Short
by InkyGrip
UPDATE !! EURZAR on a retest 🦐After our last call, which already trigger with a nice profit, we can look again for the one who missed it at a 2nd chance to enter in market. The price retrace at the 0.5 fib level of the previous leg and we could even expect to see a further move up to the 0.618 fib level (around 19.676) level for a retest of the resistance structure. If the market will give us a hint of inversion we can look for an opportunity to enter with a short position according to our signal. For the one that are still holding the previous position we can expect the market to make a new move to the downside. ––––– 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 Plancton0618 strategy will trigger.
Short
by InkyGrip