Usdzarlong
USDZAR Where will be arrived?USDZAR Where will be arrived?
USDZAR BULL prive movement prediction ready i believe that .
USDZAR mine own perspective so what's your consideration on the price movement please comment in the below section ?
I believe that. So what is your expectations in comment below.
USDZAR 14.706526 -0,1 % LONG IDEA * STRUCTURE & PRICE ACTIONHELLO EVERYONE
Hope the market has been good to you this week & hope you are having a great one, here's a look at the DOLLAR /ZAR from the 4H chart looking at price action and structure now the pair is trading at the floor of the descending channel now the RAND has had some great days against the dollar in the past couple of weeks but looking at the descending channel the structure has been respected and act as a correction to an impulse move which signals continuation with the bulls looking for structure to hold on the pair.
PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN as always many stars must align with the plan before executing the trade, kindly follow your rules.
AND AS ALWAYS PERFECT OPPORTUNITY FOR INTRA-DAY TRADE EXECUTIONS AT THE ROOF AND BASE OF STRUCTURE WITHIN THE FLAG.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
usdzar h4 detailed price action Hello team, price broke our trend line and has created a sideway trend. lets focus on what price and structure.
USDZAR Bullish Bat ^^After retracement to the 0.618 level on the monthly Bearish Shark formation, USDZAR has printed a Bullish Bat on the weekly which signals the end of the retracement on the larger timeframe and a likely run to the upside at least to the 0.382 level which is the previous support not resistance on both timeframes.
USDZAR (SNIPER ENTRY SETUP)USDZAR we will only buy when price reaches the support zone don't be impatient chasing the sell move right now
USDZAR Trading Planbased on charts patterns, and price action strategy, it is clear that by following the move, consistent profits can be made.
good luck to all
USDZAR Buy SignalPotential bullish move for this pair. A falling wedge formed and is indicating a an up trend after the we saw a bearish impulse move. Together with the latest lockdown restrictions in South Africa.
LONG Idea for USDZARCurrently, the price is in the key zone and very close to Weekly 200 MA.
RSI is under 30 in Weekly, Daily and 4H timeframes.
The price is also touching 1.618 Fib level.
DXY (US Dollar Index) also hit major support level.
I think reversal is soon for USDZAR to continue bullish trend.
However, bears may push price to 14R level (Strong support level), it may reverse from there and continue bullish trend.
USDZAR LongDouble bottom on H4 and Daily, strong resistance level failing to break on the daily, m15 entry based on hammer
USDZAR long analysisUSDZAR long analysis
-Long idea
- BUY 15.33500
- SL 15.25000
- TP1 15.65000
- TP2 15.77000
USDZAR Going Long After Elections If Trump wins we will definitely go long and if Biden wins dollar may drop more either way the place where I find a solid structure for a buy is above 15500 where also is the main support trendline.
USDZAR - Trend Change and Diversion in place - Swing Trade 📍 10+ years experience in markets
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KEY NOTE - SPECULATIVE SETUP - not a financial advise - do your own analysis
Please use STOP LOSS and don’t risk more then 1% or maximum 2% of your total account
⏳ 1 day Chart analysis
DM for more details - Tagged Long
Possible entry point at $14.50 0.618 Fibonacci RetracementPossible entry point at $14.50 0.618 Fibonacci Retracement
USDZAD LONG - PRICE HAS REACHED WEEKLY TREND LINE AND SUPPORT!Price has been moving with strong bearish momentum on the weekly chart since we broke out of the support area in early November. We have now reached previous weekly support and a weekly trend line and if we see a strong shift from the bears to the bulls we could start to see the overall bullish trend for USDZAR start to resume again and give us a swing to test the previous support, now turned resistance that we broke out of in early November.
