EURZAR trade ideas
EURZAR. Will such a positive growth of the European currency conHello!
The price of the Euro has developed steadily,
despite the crisis and the pandemic.
The price has been supported by the uptrend throughout the month
and will continue this way.
The price will reach a flat mark at 20.00000.
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This idea does not provide the financial advice.
EURZAR Long SetupEURZAR 4-hrly, ...ugly setup, price trailing way above the 200 and 50 MAs, -the 20MA just keeping up on momentum as seeming to hold it steady. It's only when bears breach below the 50 MA that this trend will change, but for now - it's a bull market in a bullish trend.
Price rejection could potentially happen there at the Fib zone 20.28127 area.
EZ Bullish interests, with monitoring.
SHORTpossible short opportunity to the downside of the over extended W formed in the weekly timeframe
EURZAR is getting ready for shortEURZAR is one of the most volatile currencies. One more wave up in the ending diagonal.
EURZAR. Sell zone is above the resistance level.Hello dear subscribers!
The price of the Euro will fall as soon as it reaches the level of resistance, or rather breaks it.
Behind the resistance level is the sell zone.
The price after this will go down to the target to around 18.20000.
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EURZAR is close to the Historical 4-Years High!I don't like to trade such instruments but we can see such levels rarely that's why I post it.
The price bounced down after the false breakout of Historical High.
This chart for that people why don't "believe" in levels))
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Is the South African Rand exortic enoughI am looking for long opportunities on EURZAR and what I like about exotic pairs is that they hardly range, they are always trending and soaring like an eagle, up the sky. I am targeting the A=C level. With the number of increasing Corona virus case in South Africa I think the South African Rand (ZAR) will be severely affected.
EurZar short ideaIf price breaks out of the Ascending Wedge pattern, I am expecting it to fall towards the outer trend line for support from the Broadening Wedge
EURZAR. A key level has significantly helped the price rise.Hi subscribers!
This chart shows how the price was initially at the support level,
after which it rose to a key level, from which it went even higher.
This means that the first target is at 17.40000.
and the second at 17.50000. Good luck to you!
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This idea does not provide the financial advice.
EUR/ZAR UpdateWe are now at our target hopefully some of you got in this trade. We hit 1100+ pips and now out of the trade.
UPDATE - EURZAR WEEKLYThis trade has just hit our last TP(3)
+1478
We posted this trade on the 24th of December it took exactly two months for the trade to complete!!!!
EURZAR SELL (LONG TERM) Looking at the EURZAR pair, i am waiting for a break of market structure and i am looking at some kind of more lower highs to be created and for the market to repeat itself before dropping even lower. I would also be looking at the top of the rising squeeze before selling to get a better risk to reward. However, there is a possibility that the price might break and i will get in with trailing my stops from 16.3710 price range. Waiting for the market to show me whats possible before i trade this pair. Care with this one, as many brokers have high spreads on exotics
