In this chart we can spot Double bottoms on 4h chart. we can expect a decent target to be fulfilled. we take entry after break of neckline.
Hello, Welcome to this analysis about ZARJPY, we are looking at the 4-hour timeframe perspectives. As when looking at my chart we can watch there how ZARJPY has developed this bearish wave-count to the downside and has now formed this bearish symmetrical-triangle-formation marked in my chart with the black boundaries. Within this formation, ZARJPY has the...
was running thru some pairs and I just came across this natural beauty #noexplantionneeded I love this.....
📈🚀 ZARJPY: Riding the Bullish Wave 🚀📈 📊 Technical Analysis: Get ready for a potentially bullish ride on the ZARJPY forex currency pair! 🌐📈 The 1-hour chart reveals a strong and clear bullish trend, supported by a bullish trend line. 📈📈 Additionally, the Momentum Indicator RSI shows no signs of divergence, indicating the continuation of the bullish momentum. 🚀💹 📝...
A traders’ week ahead playbook: the BoE and Powell take centre stage The UK gets close attention this week, where we get CPI (21/6 at 4 pm AEST) and the BoE meeting (22/6 at 21:00 AEST). The BoE will almost certainly hike by 25bp, but the move in the GBP comes from the tone of the statement vs the 34bp of hikes priced for the August meeting. GBPUSD is testing...
ZARJPY $ZARJPY Initial Long (retry). TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
ZARJPY High-risk Initial Long. TPs and SL on the chart. 10-20x leverage. Move SL on TP.
ZARJPY $ZARJPY Long Scalp. TPs on chart. 100-500x leverage. Trail after TP2 with 0.5ATR step, 1.5ATR offset measured after close of each candle.
ZARJPY Short Scalp. 100x leverage. Targets on the chart. SL is liquidation.
Hello The divergence in the MACD & RSI indicator indicates the end of the downtrend in the ZARJPY currency pair. The price is fluctuating in the resistance area after breaking its long-term downtrend line and completing PULLBACK. The price is expected to be able to get out of this area and experience the BULLISH.
OB- on Monthly, got retested this month and created a breaker- on 8H
Welcome back Traders, Investors and Community! Analysis of #USDZAR If you have found this useful then help us support my page by hitting the LIKE button. If you are not subscribed yet then please feel free to follow my page for daily updates and ideas. Thank you It means a lot to us! *** Strategy: Price action with Double Harmonic Gartley - We will be...
Here is a video update of a previous trade set up I shared a few weeks back. The South African Rand is bullish in the currency pair as interest rate differentials make buying this currency pair a very attractive trade for yield-seeking investors. We look at entry price, take profit targets, and one-month volatility stop loss
In this video, we take a look at the sharp recovery in the South African Rand against the Japanese Yen. We firstly look at why the Yen got stronger in this exchange rate at the beginning of 2020 when the Covid-19 pandemic cause stock markets to fall and safe-haven demand into Japanese Government Bonds to strengthen the Yen. However, since stocks have staged a...
ZAR/JPY, D1 chart. This is for Ichimoku fans :) Today or as of this moment or time, Price is sitting at the Kijun Sen (Baseline) and basing on the last candle we can see that there is lack of movement. Kumo is predicting an upward continuation but I think it will be safer to wait before placing a trade until we see some movement. If you are already holding a...
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
price holding Support and we have really good Daily Closing. here price at support so we can enter this trade with minimum loss ratio
Price dipped below the support but has begun closing back above. I will zoom into the M15 MS and try to find a slightly lower entry to yield a 2+ RR to Daily resistance.