EURZAR trade ideas
EURZAR: Strong Bullish ImpulsePrice reacted to a DZ with a strong bullish impulse without any pull back, taking out 3 swing high in the process. After such a strong bullish impulse, I am expecting a ABCD pull back to the FZ(Fib 50) or Fib 61.8. Will be looking out for price action in this area to go LONG.
DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
PRICE ACTION only tell half the story. The other key half is VOLUME. For VOLUME drive price.
EurzarWith south African retail sales out yesterday it may be a bit late to enter but still some possibility. Just broke previous resistance level now pushing upwards. Again may be late to enter but may still have some possible gains
EURZAR - LONG Idea- Stochastics coming off an oversold base
- Price forming a higher low (early entry)
- Break of daily down trendline
- Good R:R
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
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.
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!
EUR_Short Against ZARcompleted the wave we were waiting for. Top from our chart and our RSI is at its highest but not over bought. price actions confirms a Sell.
EURZAR to confirm long opportunitiesit broke a counter trendline now we wait for it to come and test the support. i prefer buy limits. RISK MANAGEMENT.
EUR/ZAR MULTI-TIMEFRAME ANALYSIS Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
EURZAR H4 Short1)Wait for candlestick confirmation or Double top formation in the Lower time frame.
2)Trend line breaks down in hourly time frame
EURZAR POSSIBLE OLHC STRUCTURE JULYPlease support this idea with LIKE if you find it useful..
OLHC
JULY MONTHLY STRUCTURE
Kindly wait for price to find a strong SUPPORT. We will find confluence with other technical indicators for a VALID BUY ENTRY. Remember we still in the first week of the month which means beginning of session traps.
Trade with Caution. Wait for valid entries.
P A T I E N C E + D I S C I P L I N E
Please support this idea with LIKE if you find it useful..
