EUR ZAR Possible play still intactAs per my previous idea on the Zar Euro chart, the pattern has not been invalidated as yet but wave 4 did go higher than expected.
I do however see a breakdown from here and complete the final leg down
EURZAR trade ideas
ChannelPrice respected our channel S&R. Price projected to continue to rally up to our supply zone which is also between our 78.6% and 61.8% fib. retracement from the sell off from 2 weeks ago.
Continuation DownsideAscending channel identified, a break of the channel would send the pair falling
EUR/ZAR PRICE HIT TRENDLIND WITH A DOJI SIGNAL
MACD CROSSOVER ON DAILY CHART
HOLD FOR A WEEK AND LETS REVIEW
EURZAR SHORT OPPORTUNITY, ABOUT TO HIT TARGETShort position, check for retest in a lower time-frame, about to reach our target.
