USDZAR short term buy.After a proper third touch on the upper resisting trendline then we expect the market to push down.
ZARUSD trade ideas
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.
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. :)
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.
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.
#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 range
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.
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! :)
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.
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.
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.
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.
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.
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 ema
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.
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 hunting
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.
#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.
USDZAR-SELL strategy 4 HourlyI feel we are still in a don trend and as long we manage to remain below GANN 19.0300 area, the pressure should be downside.
The base line is positive but same time we are below CLOUD as well.
Strategy SELL @ 18.9300-18.9750 and place stop-loss @ 19.1200 (based on a model I had build and let's see if it makes sense). Profit order @ 18.6700 for now.
USDZAR Long Supply And Demand Trade Setup-Price broke uwpard ML
-Price removed opposing pivot supply
-DBR created
-Valid 1TF swing or use 4hr demand
as HTF and wait for new LTF conf day-trades.
-Spread will be wide + comossions high...
Ideally not for most traders.
Buy on USDZAR - Possible movehi guys hope you well. Has been a while.
USDZAR BUY. Possible move to the upside. Good luck.
Please note: THIS IS NOT FINANCIAL ADVISE. TRADING IS RISKY AND YOU CAN LOSE YOUR CAPITAL.
