EURZAR trade ideas
EURZAR - possible long,EURZAR on the daily time frame has broke back above a key structure level with a strong bullish impulse which is now being followed by a nice correction to test new support, im waiting to see if this zone holds if it does we will drop to the 4hr timeframe and wait for new bullish structure to form before taking a nice long.
EURZAR Possible Long - EURZAR
- Price was building in a bearsih Channel
- Aptness to go UP
- Market formed a harmonic pattern
- Break a down structure support trend line
- ( Candlestick ) Bullish Signal
- Plan is to go Long on EURZAR
- Take the trade when your rules are fulfilled
A BULLISH MOVE is probable in this market.
Tricky Scenario on EURZAR I see Tricky scenario on EURZAR Monthly TF
stopping action in 61.8 from the previous impulse wave, naturally, its 2nd tp crab pattern, breaking the level of 61.8 will go to the below demand zone.
it might take 6 months it might take a year to reach that demand zone.
EURZARhello traders
These pair is on strong resentence
i will suggest you to go buy on it
Good luck ........
Respect the 11 Year SupportWill the ZAR touch the 11 year support thats been in play since 2010. Possibly the strongest we will see the ZAR again. Go long on the support.
EURZAR LONG TRADEI am going Long on EURZAR after seeing a bullish pin bar formed on the daily chart at support. Targeting previous resistance.
SwingTrade-EURZAR-LongThe Market is forming RP07* after grabbing liquidity*
We also have a small Flipzone* that formed around 17.5
Looking to get long on completion of the reversal pattern, targeting the other side of the range, where we also have a larger Flipzone*
*These concepts are covered in our free Advanced Price Action Trading Program.
EURZAR LONG SETUPEURZAR on the daily timeframe market has reached a strong level of support and a strong demand zone for buyers, also on the daily market has formed this nice M formation, after a M formation we expect to see the pattern complete at the neckline... we will be dropping down to lower timeframes and waiting for new bullish structure along with our other rules of entry for this strategy, if rules are met we will be taking a nice long.
EURZAR UpsideH1 correction done looking for upside opportunities, resistance diagonal line tested as awaiting 15min W with a HH & HC for a sweet entry however I saw there is a H4 support level which if we violate the current pattern I might look for a possible buy at that area.
EURZAR buysI really enjoy trading this exotic. Technically broke out of longer term descending trendline and has since been correcting. If we receive a nice 4H break and continuation pattern we will see price push to the highs.
Trade safe!
Sunny
EURZAR LONG SETUPEURZAR, , we have a nice intraday setup, on the daily market has formed a M formation after this pattern we expect to see a push to the upside specifically to the neckline of the pattern, we will be waiting to see if market will meet entry rules on lower timeframes before looking for entries for a long.
EUR ZAR (possible long entry - possible to be a VERY big trade)This is another easy and straight forward setup. This appears to be an Elliot wave 5 wave fractal pattern. It seems to me that we are probably in wave 4, though I do not think wave is finished yet. Wave 4 likes to finish near the top of wave 1. We should be in the ABC/complex correction of the minor waves. We are in a small uptrend that is actually a bear flag in the overall bigger picture. However, it seems we still have upside potential. I will be looking for price to breakout of the counter trend line, probably near the current support level, then ride the counter trend line down to the false break zone near the very bottom trend line. We have stronger support here, the top of wave 1, and an expected place for the bottom of wave 4 to rest. From here it is a long way up to the conservative take profit just before the top of wave 3. If wave 5 is not truncated we can expected a much much bigger move past wave 3 and off of the screen shot. Massive pips can be made off of this trade.
supply and demand zone.after price has broken above the demand zone and broken the down trendline: a re-test to the support/demand zone will be the area of interest for me.
