Rally up on EZhave a lot of confluence on the higher time frame down to the lower timeframe
From having a BOS to a retest on a 1hr OB
That's two confluence to go long
ZAREUR trade ideas
EURZAR EURZAR moves in the uptrend. It had bounced from the support line and broke the falling wedge pattern. The main target is 50% Fibonacci level.
Best regards, EXCAVO
EUR/ZAR:FUNDAMENTAL ANALYSIS+PRICE ACTION|NEXT TARGET|SHORT🔔🔔The Eurozone CPI for July is predicted to decrease 0.1% monthly and increase 2.2% annualized. Forex traders can compare this to the Eurozone CPI for June, which increased 0.3% monthly and 2.2% annualized. The Eurozone Core CPI for July is predicted to decrease 0.4% monthly and increase 0.7% annualized. Forex traders can compare this to the Eurozone Core CPI for June, which decreased 0.4% monthly and increased 0.7% annualized. The Eurozone Harmonized Core CPI for July is predicted to decrease 0.3% monthly and increase 0.9% annualized. Forex traders can compare this to the Eurozone Harmonized Core CPI for June, which increased 0.2% monthly and 0.9% annualized.
The South African CPI for July is predicted to increase 1.1% monthly and 4.6% annualized. Forex traders can compare this to the South African CPI for June, which increased 0.2% monthly and 4.9% annualized. The Core CPI for July is predicted to increase 0.5% monthly and 3.1% annualized. Forex traders can compare this to Core CPI for June, which increased 0.3% monthly and 3.2% annualized.
The forecast for the EUR/ZAR turned bearish after price action failed to extend its rally, set a lower high, and formed a double top.
Can bears pressure the EUR/ZAR into its horizontal support area?
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eurzarso for this trade, i was focused on finding the appropriate entry.
i looked for the struture within structure entry as opposed to the impulse-correction entry
EURZARTREND:
the HTF structure is complete and thus im looking for a continuation structure
ENTRY:
wait for an impulse followed by consolidation for the down move
LESSON:
wait for the impulse and correction to enter the trade. look into the three entry criteria.
EURZAR possible ShortWe have a break of structure and price is currently compressing towards a liquidity level. We shall expect a fakeout at the supply zone, before selling
EurZarI've been on a long break but
Usd looking Strong
nut with gold looking strong also we in mixed emotions
EURZAR on a channel break 🦐EURZAR on the 4h chart created a triple top below a weekly resistance.
The price is currently testing the ascending channel trendline over a daily support and according to Plancton0's strategy if the market will break below we will set a nice short 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 finnaly breaking to uppside? eurzar is finnaly ourisde the resisctanse lince sinco jan 2020. Is this a fake out or break out? let me know your thoughts.
MAJOR DT + UT REVERSALEURZAR is in major downtrend. I stalked an uptrend and waited for my confirmations.
CONFIRMATIONS:
1. BOS
2. BOTL
3. REVERSAL PATTERNS/SIGNS
EURZAR LONG TRADEI am going long after price came down and retraced and looks like bulls are back in to take the price up.
EURZAR!This could either be a reversal structure or a bigger corrective pattern for an upmove.
We see a sell setup that keeps extending, eventually a fall will come.
Trade with care use a stop loss.
eurzar moving smoothlyWe are having a perfect movement that happens inside a channel ,the liquidity is just amazing.The pip movement on this pair be very crazy as well
EURZAR!A possible corrective pattern that implies a drop to come.
Its almost perfect but we can never be sure.
Trade with care use a stop loss.
EURZAR!Based on our findings, we forecast a sharp drop.
The corrective structure will usher in an impulsive drop.
Trade with care use a stop loss.
