Just following overall market structure and the drop in DXY, we could see a sell off of USDZAR.
Still looking at the overall time frame which suggests a continued sell
3rd time is a charm. Previous price action has bounced from this Demand Zone. Let's see if we can get a full reversal this time.
Creating a reversal pattern at previous resistance
I like scalps of 100 pips. Looking to buy up then short.
Due a correction on the daily. Showing divergence on H1.
Eventually, we're going to catch the break to the upside. Looking left, we're approaching a serious demand zone. Correction is due on the higher time frames.
Approaching a key Demand zone. Wait for buy confirmation (exhaustion, impulsive bullish moves, etc.)
With news coming the next few days, could see a reversal from the bottom.
Structure is creating a reversal pattern as it nears the Supply Zone.
Price is correction after a slow, steady push to the upside. Looking to sell as far as market structure allows. I caught it from the top.
Should see one more drop to the H4 trendline price range
Could see this drop to the previous demand zone on the H4, which is a LONG ways down.
Price has rejected from the supply zone and given a correction formation. Looking for a sell continuation on the M15 time frame.
On a larger time frame, this is a completion of a pullback. Look for sell continuation from here or a rejection from the top.