Short On USD/ZARThis is a short idea for USD/ZAR. Reaching the apex of a rising wedge. There is a high possibility of a breakthrough on the lower wedge pattern.Shortby ChathifriendsUpdated 114
USDZAR Triangle on the Daily What we anticipate is a breakout higher, if this happens with candlestick confirmation we can anticipate a higher price level of around 19.85. Alternatively the price might find resistance now and keep trading within the triangle pattern. Longby ForexCollegeUpdated 1
USDZAR-SELL strategy 4 Hourly The pair did move lower from 19.3800-19.4100 suggested area to go short, and we only managed 19.1650-19.1700, and am assuming one took it back monitoring the pair. Now we have climbed sharply once again on the back of gold not recovering as yet, even though it is expected it will overtime. Strategy SELL @ 19.5500-19.5800 and take profit near 19.2350. SL suggested above 19.6475. Shortby peterbokma776
usdzar sell tradeThe H4 chart shows that the pair is overbought, as the RSI indicator is above 70 and the Stochastic indicator is above 80. This suggests that the pair may face some selling pressure or a correction in the near futureShortby Mansa_Musa_Capital1
USDZAR short term buy.After a proper third touch on the upper resisting trendline then we expect the market to push down.by ingotlenggeorge3
USDZAR-SELL strategy 4-hourlyThe pair has reached profit objective, and now feel we should be turning south. We got a falls bull flag pattern, and this suggest we should move back to 19.0800 area again. Strategy SELL @ 19.3650-19.4150 and take profit @ 19.1150. SL above 19.4800. Shortby peterbokma664
USDZAR SellHey guys. There is a nice sell setup on USDZAR. Price has come up to important level that has been rejected twice. The Stochastic/RSI indicator is also showing as overbought. This is a longer term trade which could take up to a few weeks to complete. Good luck and remember, risk management is key. :)Shortby ruanimmelman3
USDZAR- Likely BUY strategy Daily chartI was wrong yesterday, since the pattern felt we may see a move lower, and ignored the value of Ichimoku support on the 4-hourly chart. That is why SL is always part of the strategy and naturally the SL was around that 19.1500 mark, depending to individual entries, if indeed one shorted. Now we have established above trend line resistance, and we should monitor it whether it will hold or not. Stochastic is positive and suggesting higher levels to be seen. Personally would stay on side lines, but if strategy is asked for, I feel BUY is more likely the case on the back of unexpected lower GOLD prices as well. BUY @ 19.20-19.2350 and place stop-loss below 19.1550 for now. Profit level somewhere 19.4300. Longby peterbokmaUpdated 775
USDZAR-SELL strategy 4-HourlyThe pair looks moving lower based on the CLOUD conversion negative, and also the pattern resembles a "bear flag" and looks a bit like a hook, which tells me do not get hooked in a sense. Strategy SELL @ 18.9250-18.9950 and place SL 1% above your entry level, and TP @ 18.7450. I was busy on building some trading models, and got a but too much involved :) sorry for that dear trading view friends.by peterbokma223
Bearish USDZAR USDZAR confirmed a bearish bar on a daily timeframe promising a long term sell Shortby Steba_Mosweu2
#Rand remains a sell the rally at 19.20-19.30Still looks like the play here is to buy rands between 19.20 - 19.30. Buying back short positions on USDZAR pair at 18.80 and then 18.40-18.50 which is the low of the rangeShortby MarcoOlevano2
USDZARFX:USDZAR I have been observing this currency trade. The bulls have control over the bear's market. With BRICS taking place, the USD is stronger against the Rand. The high point before the market turns to facing down could be $19,12158. And it that will be reached, "The SELL Stop if you like can start at $19,30563 OR $19,90000.Longby ShupingctUpdated 4
USDZARWent short on USDZAR. We can see the downward trendline being respected and have yet to be broken so more bearish momentum is expected. We have also reached a nice zone of support and resistance to set up the sell. Once again, only risk what you are comfortable with as no trade is certain. Good luck! :)Shortby ruanimmelmanUpdated 6
USDZAR sellThis sell could print really nice, price is right now trying breakout to the upside. If it fails to break, we could see it retracing back to around 18.15! My trendline was made with the first two tops that price made, giving the idea that price already tried and failed creating a fake breakout early this month. Will wait for today's candle closure. If below trendline will open a position with stop loss at 19.15. Shortby rodriguesthsUpdated 9
USDZAR- SELL strategy 4-HourlyThe pair is LONG on my model since 18.9200 and near exit point, and in fact manually I liquidated. The current state seems SELL strategy, but mileage not a lot. The profit area is nearby. Strategy SELL @ 19.0250-19.0500 and SL @ 19.1200 and profit set at 18.9150. Shortby peterbokma11116
USDZAR Good things come to those who wait. let's take this good opportunity. If you love this set up don't forget to follow for more.Longby oswinnamwandi20003
USDZAR-BUY strategy 4-HourlyThe pair has a chance to re-test 18.9500 region. The stochastic has turned positive, and the AO is GREEN (below zero line), indicating, we are moving upwards within an overall downtrend. My daily model suggests lower levels in the coming sessions. Strategy BUY @ 18.7500 - 18.8150 and take profit near 18.9750. SL I suggest below 18.6850 for now. Longby peterbokma664
USDZAR-BUY strategy 4-HourlyThe pair is locked in within a range of 18.6800-18.9500 for now. We should be playing this accordingly, and since GOLD is trading around 1,924, we may see some ZAR weakness in coming sessions. Strategy BUY @ 18.7000-18.7300 and take profit @ 18.9150 for now. SL let's say near 18.6500 below. Longby peterbokma224
USDzar shortinterval:30 min time identified: 16:22 (UTC+2) DESCRIPTION: we are seeing a possible downward move on the usdzar for the next 2000 pips. we had a bullish break from a recent rectangular range, we broke the bearish trendline but we are still confident that this is still a bearish move and that we were just experiencing a pullback . we still below the 200 emaShortby sootywhaleUpdated 6
USDZAR ForecastThe bullish bias is still in play, and the A-B-C zigzag correction retraced relatively deep to close to 78,6. We have an invalidation level for the bullish bias key to focus on it. Longby Weshareio6
September 22nd: A watchlistHere is the watchlist for today: EURUSD M30 we have a 123 formed which is currently trading in the red zone if entered, for now you may wait for price to trade back up above the neckline or wait for the H1 123 that is possibly forming now. NZDUSD M30 there is a GS formed, we are currently waiting for price to approach +1R if this was entered. EURAUD M30 we have a 123 formed, the neckline is very low. EURGBP M30 we have a 123 formed, the neckline is very low. GBPJPY M30 we have a 123 formed with an mcc. AUDCAD M30 we have a H&S formed, its not the most symmetrical. NZDCHF M30 we have a possible GS forming. Thats it from my side, no more trades form this afternoon. Happy huntingby victormoneron430
USDZAR ↗️ ↘️Hello everyone, We are waiting for now for a breakout to down from the price 18,80550 or to continue raising to the up from the price 19000 please like comment and follow to support us. by EMA_TradingUpdated 2
#USDZAR needs a close below 18.80 for further strengthUSDZAR has held the 18.80 support level for now but the long upper tails over the 19.00 level shows the rand bulls in control of price action for now. A daily close below 18.80 should bring about levels of 18.60 and 18.40. 200dma sits at 18.26 and the pair has a tendency to mean revert back to the 200dma before finding support in the recent past.Shortby MarcoOlevano2