Usdzarshort
USDZAR [1H] Hitting Top again Must Sell it 🔥🔥🔥USDZAR Hitting Top again Must Sell it 🔥🔥🔥
USDZAR 1H now hitting on resistance zone and previously, had to test the resistance and could not continue
That it key to profit Sell it on Price close (No break)
Goodluck Big Profit ✅✅✅
USDZAR testing the structure 🦐USDZAR has been moving in a downtrend due to the weakness of US dollar.
MArket has been retracing the 0.5 fib level, then break and retest he 0.382 and now is testing the daily structure for a new recent low.
If the market will manage to break and close below the structure we can set at the retest of it a nice short order according with our strategy.
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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.
USDZAR NEXT TRADE SETUPUSDZAR is about to test its near support level as indicated in the analysis. we can have a good short pips before it tests its monthly support.
Entries should be taken only if all the rules of entries are applied.
USDZAR 16.66500 - 0.41% TREND CONTINUATION PATTENS Good Day everyone
Here's a look at the USDZAR looking for the continuation patterns or the trend to the downside/ downtrend, the pair has been trading in a descending channel on a downtrend hitting HL & LL as we just hit a swing low upon close this past week.
looking for continuation of this trend on the pair to resistance level 16.33836 since there are no signs of momentum shift to signal reversal or bulls coming into play on the pair. the trade is swing looking forward to seeing where the pair heads this coming week.
lets see how it goes.
Good luck and happy trading everyone
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ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
USDZAR 16.6991 - 0.34 % SHORT IDEAGood Day Everyone
Here's an idea on the USDZAR PAIR, that has been bound in an descending channel respecting the structure thus far the pair has been in an overall down trend as the ZAR regained strength against the dollar due to the negative fundamentals from the U.S and so forth, looking for continuation of this move to the down side since ZAR wont be going back to harder levels of lock-down. lets see how it goes
Good luck and happy trading everyone
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - DAY TRADE
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If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
USD/ZAR Short IdeaFor demonstration and educational purposes only. As we study price action we see a flag and what appears to be a rejection on an attempt to rally/buy further. This could be the making of a swing trade. To be conservative, you can wait until this current weekly candle closes and revisit price action again.
USDZAR 16.94610 - 0.29% SHORT IDEA MULTIPLE TIMEFRAMESGood Day Everyone
Here's a look at the USDZAR pair from a multi-time-frame view
MONTHLY
* Starting with the monthly time-frame we see the pair respecting the Fibonacci retracement structure, we saw a rejection just below the 50 % fibonacci level pushed up to 38.2 % fibonacci level now we are having a strong bearish move on the pair looking for continuation of the move to the downside targeting thhat 50% fibonnacci level ( 16.62489) so from the monthly perspective the sentiment is bearish for me.
WEEKLY
* Coming to the weekly the sentiment is still the same we trading between 38.2 % & 50 % Fibonacci retracemnt levels on a bearish momentum the pair is in a descending channel which just retested the roof of the structure and was rejected pushing down and the channel holding thus far so the sentiment still bearish on the pair..
DAILY
* Moving down to the daily chart the pair is still trading in that descending channel we also see a pennant formation which might signal continuation to the downside. looking at bearish opportunities on the pair for continuation of the move targeting resistance level 16.30190
Good luck and happy trading everyone
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
TARGET 1 - 16.6115
TARGET 2 - 16.30190
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If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
USDZAR 17.29250 -0.3% SHORT IDEA Good Day Everyone
Here's an idea on the USDZAR pair which has been trading in a descending channel and rallied up in an ascending channel within the descending structure looking for a rejection in the descending channel and a break below the ascending channel to trade with the bears on the pair, a break below the ascending channel will signal this short position should the plan be satisfied...
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entry & sl - follow you rules
RISK-MANAGEMENT
PERIOD - DAY TRADE
TARGET - 16.9034
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If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
USD/ZAR : Strong Sell in Downside after complete Bear Flagwatch Bear Flag and sell in downside.
ThankYou
USDZAR sell after breakoutas we see this pair reject from the strong resistance area
and we are planing for a sell after confirmation
we appreciate ur likes and comments
follow us for more updates
its exotic pair always use money management
Short USDZAR - Gold bullish and USD uncertaintyWith gold looking bullish on the daily and broken past the previous resistance alongside the risk of a second wave of coronavirus in the USA. Investors/traders will be looking at the safe haven of gold to see through the storm. USDZAR having a strong correlation against gold should continue the sell off of USDZAR.
Worth noting that Coronavirus has spiked in SA aswelll which will add to the risk of this trade.
USD/ZAR SELL SIGNALUSD/ZAR: Day-Swingtrade-Execution
Sell-Limit: 17,22630
Stop-Loss: 17,54570
Target 1: 16,82135
Target 2: 16,72435
Target 3: 16,49000
Stop-Loss: 319 (31,9)pips
Risk: 1%
Risk-Reward: 2,30
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
USD/ZAR : Buy Trade Setup Low risk , Big Reward Trade setup.
Looking For the Upside continue.
ThankYou
USDZAR Wait ConfrimationsPersonally I would like see a drop in price from here.Although ,due to US Fundamentals we could see a bigger retracement.
USDZAR Outlook-I Like Sells More!Still currently looking for shorts but might expect a bigger retracement or some consolidation in this area ,due to fundamentals .
Please feel free to comment.
USD/ZAR SELL SIGNAL Hey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
USD/ZAR: Day-Swingtrade-Execution
Market-Sell-Order: 17,15500
Stop-Loss: 17,47000
Target 1: 16,78760
Target 2: 16,50000
Target 3: 15,97500
Stop-Loss: 320 (3200) pips
Risk: 1%
Risk-Reward: 3,70
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
USDZAR MAY RETEST AND GO DOWN
Hello, here is my analysis for USDZAR .
IF YOU NEED MORE UPDATES YOU CAN FOLLOW US.
Let me know in the comment section if you guys have any questions. If you like my analysis please hit like. Thanks.
USDZAR 17.36760 - 0.08 % SHORT IDEAGOOD DAY EVERYONE
HERE'S AN IDEA ON THE USDZAR PAIR , LOOKING FROM THE MONTHLY WE HAVE A BIG BEARISH CANDLE JUST ABOVE MY 38.2% FIBONACCI SIGNALING STRONG MOMENTUM TO THE DOWNSIDE.
> ON THE WEEKLY WE ARE STILL IN THAT DESCENDING CHANNEL MOVE TO THE DOWNSIDE STILL VERY STRONG WITH TWO FULL BEARISH CANDLE TO THE DOWNSIDE
> WE MIGHT SEE A BIT OF CORRECTION/ RETRACEMENT TO RESISTANCE LEVEL 17.37298 THEN POSSIBLY CONTINUE TO THE DOWNSIDE.
> IF WE DON'T BREAK RESISTANCE LEVEL 17.37298 LEVEL AND WE SEE A SIGNIFICANT MOVE TO THE DOWNSIDE WILL BE LOOKING FOR SHORT OPPORTUNITIES ON THE PAIR
> IF WE TRADE ABOVE THAT STRUCTURE THE THE CHANNEL HOLDS WILL BE LOOKING FOR LONG.
NOW FUNDAMENTALLY THE MARKET IS OPENING THE 1ST OF JUNE WHICH MIGHT STRENGTHEN THE RAND AGAINST THE DOLLAR SHOULD WE NOT SEE A RISE IN COVID-19 CASES AND FATALITIES HENCE I'M GOING FOR THIS SCENARIO OTHERWISE ANYTHING IS POSSIBLE..
ENTRY - FOLLOW YOUR ENTRY RULES / PENDING ORDERS / SELL STOPS
TARGET 1 - 17.08611
TARGET 2 - 16.66926
RISK MANAGEMENT
PERIOD - SWING
