EURZAR AnalysisWe can see a downward trend continuation in the asset, as it is making lower highs It has also failed to break the previous low
ZAREUR trade ideas
EUR/ZAR Buy Confluences:
Been in a uptrend since June 2021 on the daily timeframe
Double bottom (on the daily chart)
Bounced off a daily support level
Bounced off the 78.60% level on the daily chart
I haven't entered yet, I'm waiting for todays candlestick to close
EURZAR BUYS STILL EXPECTED We're still looking for Buy opportunities in this pair, market still respect our set up now we are at crucial level where we can expect buys to kick in or if not so we going to wait for rejection at the support then enter more buys ...please remember if market breaks that support our set up will be invalid and you can exit trades to cut loss
Signal= Buy Eurzar
Sl=open
Tp=open
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Thank you
EURZAR: more pain for the rand?Above 17.30 supports a bullish trend direction.
Upside price momentum supports the bullish trend.
RSI leaves enough room for further upside price potential.
Pending change in trend to bullish (see the MACD).
Remains close to the lower range of the linear regression channel as well as the Bollinger bands. This increases the likelihood of a pullback
EURZAROpportunity for the pair, never miss to capitalize an important move
Risk $200 to gain $1,050 (1:5.25 RRR )
EURZAREURZAR has touched the strong support of the week. We will be looking for buyers to have power over market.
EURZAR LongMarket will retest previous support turned resistance followed by either a breakout or a continuation
EURZAR BUY EXPECTEDWe're looking for BUY opportunities in this pair after the market created a structure with two touches at the top and three touches at the bottom anticipating fourth touch then market to buy...You could wait for breakout of small pattern within big structure to minimize risk or you can enter buy at the fourth touch.
Signal= Buy EURZAR
Tp= open
Sl= open
Thank you
A daily resistance becomes a suopportas EURZAR break through the resistance and came back again to it.. A reversal pattern should be given through our support line....
The big channel on EURZAR supported with the trendline showing that it does respects levels through the trenline
Move FastDid you miss us, wolves?🔥
There is a great formation only for you!
Running Flat on EUR/ZAR.
However do not rush the trade and wait for the clear signal.
According to Elliott Waves theory all the waves are done and now the price is heading to the breakout.
Follow the chart and look for the breakout carefully.
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And always remember: "we don't predict, we react".
EURZAR 21-11-2021Weekly:
-Bullish M pattern.
-Buyers are in control.
Daily:
-Bullish M pattern.
-Inverse H&S pattern.
4H:
-Bullish M pattern.
EURZAR on a double bottom 🦐EURZAR on the daily chart bounced 2 times over a monthly support creating a perfect double bottom reversal pattern,
The market after the break of a descending trendline is now moving to a weekly resistance and according to Plancton's strategy if the price will break above we will set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
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 the Plancton0618 strategy will trigger.
EURZAR Will Go Up! Buy!
Hello,Friends!
Indecision in the market is changing
Towards a clear bullish sentiment
And the price action on the lower timeframes
Is clearly supporting this narratve
Therefore, I think it is a good idea to go long!
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