USDZAR LONG COMING SOONHello. Looking for USDZAR to make a move upwards.
1. Ending structure
2. MACD divergence
3. Looking for price reaction at Price 16.86
Trade with care
Usdzarbuy
USDZAR top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDZARFX:USDZAR
The Falling wedge pattern has fully formed.
It has broken above and retested. I hope this is the actual bearish market win.
The take profit could be 17.27636 - 17.32769
USDZARFX:USDZAR
I see a bullish pattern forming.
It is a Bullish Triple bottom pattern that has formed.
This could break above break above 17.9500 to reach the high of 18.57988
USDZAR TRADE IDEA (12/12/22) : MON/WEEKUSDZAR has been selling for most of last week, closing out with a buy action. Once it hits market structure it’ll look to buy to supply.
This is just an idea.
USDZAR top-down analysis, UPDATEDHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCAD and USDZAR top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDZAR Multiple timeframe analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Press like button if you enjoy this content 😊
LONG USDZARLONG USDZAR @ 14.67
TP @ 16
SL @ 14.40
We have seen the ZAR strengthening against the US dollar in the last few weeks. This was dude to rising global commodity prices helping SA's net exports. Another reason was that due to inflation and SARB entered an aggressive hiking cycle. However, I think this move is oversold. SA has many problems that they need to recover from before ZAR can continue to throw its weight around. On top of this, we have broken out of the downward channel, and cleared resistance at the 14.67 Fibbo lvl. I have therefore entered my trade at that lvl as I expect the pair to grind towards the 16 mark in the coming days and weeks.
Good luck.
USDZAR LONG - Buy Entry - D1 ChartUSDZAR LONG - Buy Entry - D1 Chart
Buy @ Market
Symbol: USDZAR
Timeframe: D1
Type: BUY
Entry Price: Buy @ Market
Resistance @ 16.13850
Resistance @ 15.42816
Pivot Point Yearly @ 15.21809
Resistance @ 14.97762
Support @ 14.51604
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USDZAR Long - Weekly/Daily analysisUSDZAR has bounced off a Weekly/Daily support level , forming a higher low in an uptrend and bouncing off the 14 Weekly EMA . A continuation to 16.40000 (previous higher high) is expected.
USDZAR Swing tradeTake Profit smashed!! Another successfully traded setup for my students group and I. The Link to the actual analysis is linked below.
USDZAR Swing tradeI only take high probability trades. I love clean swing trades like this one cos I dont like being on the charts all the time, nor everyday all day. Should price break above the Blue line I am going to allow my trades to run.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Trade at your own risk. Remember to exercise proper risk management and have the patience to see your trades play out.
Message me for Q & A's about how to trade like me.
#TradeLikeMagnatrio
USDZAR-LONGCurrently on a short position but looking for a long position @ 12.70 this will take sometime to manifest but worth
the wait as there's money selling to the awaited level.
Have a great trading week & all the best on everything!!!
USDZAR Looks Strong Bullish We have seen USDZAR price was falling like Skyfall the last couple of weeks, and all the Bear was enjoying the fall, but now it's Bull time. If you closely see the USDZAR daily time frame, it's already breakout the downtrend channel and creates a good reversal umbrella pattern. Right now, it consolidates the support level, which is good for me for further up. We are expecting to see the price once again 15.20000.
USDZAR Buy SignalPotential bullish move for this pair. A falling wedge formed and is indicating a an up trend after the we saw a bearish impulse move. Together with the latest lockdown restrictions in South Africa.
Possible entry point at $14.50 0.618 Fibonacci RetracementPossible entry point at $14.50 0.618 Fibonacci Retracement
USDZAR updateHey Guys
I think we nearing a turning point for this pair.
Looking at a massive movement soon. Prepare for the LONG!
HUGE potential profits here guys.
Wait for the confirmation in the trend, or if you have the margin look at a supporting trade.
We looking at seeing R17.00 soon hopefully.
USDZAR More upside to follow! Buy!DISCLAIMER:
My analysis is just a trading idea! As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Good Luck!
