EURZAR trade ideas
EURZAR - Long Trade - Entry 20.12639Stop Loss = 19.6645 / Take Profit = 21.51199 > Coupled with a 1% risk and 3% reward.
Once the trade reaches a 1:1 point move SL in front of the entry to protect the downside.
If it takes you out we can always re enter at another opportunity.
As the trade progresses i will comment every change to show you how i make to maximize profits.
Remember Risk/Reward is the key, we will take losses along the way but overall profit in the long run.
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Keep Chasing that Paper!!!
EURZAR. Will such a positive growth of the European currency conHello!
The price of the Euro has developed steadily,
despite the crisis and the pandemic.
The price has been supported by the uptrend throughout the month
and will continue this way.
The price will reach a flat mark at 20.00000.
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This idea does not provide the financial advice.
EURZAR Long SetupEURZAR 4-hrly, ...ugly setup, price trailing way above the 200 and 50 MAs, -the 20MA just keeping up on momentum as seeming to hold it steady. It's only when bears breach below the 50 MA that this trend will change, but for now - it's a bull market in a bullish trend.
Price rejection could potentially happen there at the Fib zone 20.28127 area.
EZ Bullish interests, with monitoring.
EURZAR. Sell zone is above the resistance level.Hello dear subscribers!
The price of the Euro will fall as soon as it reaches the level of resistance, or rather breaks it.
Behind the resistance level is the sell zone.
The price after this will go down to the target to around 18.20000.
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This idea does not provide the financial advice.