After a rejection at the Fibs 38.2, we need to go for a long
This is my analysis on the USDZAR.. My prediction is the first target, the 2nd and finally the third...
Since this week, we saw that the EURUSD is going to retest the support once more.. That will be a very good opportunity to long the market
After having created a very important pattern, which is the heald shoulder pattern, price broke out of the resistance and came for aresest. So it is quite clear that the target zone is going to be the next support level
There are lot of signs that shows that Price might Possible reverse.Technically speaking, Price has hit a very important Trend line (drawn on the weekly time Frame), Second there is a compression Zone that is formed, which might possible be broken. And Finally, the Price came and rested the level once more, which is a sign of Double Top (A very good trend...
Price has arrived near a compression zone, and therefore we are awaiting a breakout. wait for the breakout and short the market
Price has arrived near a compression zone, and therefore we are awaiting a breakout. But according to my prediction, wait for the breakout and short the market