Usdzarswingtrading
USDZAR Swing tradeI only take high probability trades. I love clean swing trades like this one cos I dont like being on the charts all the time, nor everyday all day. Should price break above the Blue line I am going to allow my trades to run.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Trade at your own risk. Remember to exercise proper risk management and have the patience to see your trades play out.
Message me for Q & A's about how to trade like me.
#TradeLikeMagnatrio
USDZAR Looks Strong Bullish We have seen USDZAR price was falling like Skyfall the last couple of weeks, and all the Bear was enjoying the fall, but now it's Bull time. If you closely see the USDZAR daily time frame, it's already breakout the downtrend channel and creates a good reversal umbrella pattern. Right now, it consolidates the support level, which is good for me for further up. We are expecting to see the price once again 15.20000.
USDZAR LONG EDUCATION The Power of TrendlinesHello to all watching my charts
Here i will tell you (again) the power of trading
broken trendlines for example in USDZAR a little bit exotic pair
but its interested that here also this trading type will get very positive results.
Lets have a closer look to the last 2 Month from 7. June to 7. August
Now what happens:
7.6. USDZAR broke the first long trendline (if you count from left to right)
SHORT 14.900
5.7. USDZAR broke the second (short) trendline
LONG 14.200 + 700
10.7. USDZAR broke the third (long) trendline
SHORT 14.060 - 140
26.7. USDZAR broke the forth (short) trendline
LONG 14.200 - 140
7.8. Situation is still long at
15.000 + 800
So in total ist PLUS 1220 !!
Thats really impressive i think and all with only 4 trades in 2 month.
I will tell you this in the future on my website which i do hope
will be ready soon.
Good trades
If you want to support my work and my charts please like them..
Renkotrade