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Forex Zone - Forex Forum
Market Analysis
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USDZAR
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USDZAR
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Re: USDZAR
Torroco
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Technically Usdzar will go up soon and we just focus on buying so that profit and never open sell we will focus on buying at 17,260 prices and always use safety and control lots
#16
- August 13, 2020, 04:09:19 PM
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Re: USDZAR
Torroco
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Usdzar will still continue the upward trend and it's good to open buy, don't forget to use SL if it's already open buy so that you don't have MC and use the target, see the candle pattern first on the small TF, don't buy immediately
#17
- August 16, 2020, 08:31:09 PM
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Re: USDZAR
Torroco
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Explanation of the daily timeframe: candle on usdzar is bearish so our focus is to sell today Explanation of timeframes H4: 17.04xx and 17.34xx are our range for this Monday as a break limit Explanation of the M15 timeframe: M15 trendline is still pointing downwards, wait for the price to break down then sell
#18
- August 23, 2020, 09:20:16 PM
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Re: USDZAR
Torroco
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Explanation of the daily timeframe: candle in usdzar pair formed strong bearish so our focus for today is down Explanation of the H4 timeframe: our reference is at the prices 16.9 and 16.8 as our reference for the break for this day. Explanation of the M15 timeframe: M15 trendline is still pointing downwards, wait for the body to break completely
#19
- August 25, 2020, 11:14:27 AM
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Re: USDZAR
Torroco
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Usdzar Explanation of the daily timeframe: this pair's daily candle looks like a bearish doji but seems to be going up Explanation of the H4 timeframe: our price area around 16.9xx and 16.8xx as our resistance support Explanation of the M15 timeframe: the direction of the rising trendline, wait for the high to break then buy
#20
- August 27, 2020, 02:07:51 PM
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Re: USDZAR
Torroco
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Usdzar Explanation of the daily timeframe: yesterday the shape of this candle was strong bearish but seems to be in the reversal area H4 timeframe explanation: for prices ranging today we are at 16.6xx and 16.7xx Explanation of the M15 timeframe: wait for the price to pull back to the trendline then open a position and of course after the break
#21
- September 02, 2020, 09:22:50 AM
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Re: USDZAR
Torroco
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Usdzar Explanation of the daily timeframe: the daily candlestick for this pair is bearish with a shadow above so we focus on selling Explanation of the H4 timeframe: for our mother candle today it is 16.6xx and 16.5xx, wait for a break low Explanation of the M15 timeframe: the direction of the trendline price is still narrowing down, meaning that the trend is still strong down
#22
- September 06, 2020, 06:23:08 PM
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Re: USDZAR
Torroco
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Usdzar Explanation of the daily timeframe: yesterday's daily candle was bearish engulfing and it can be concluded that we will focus on selling today. Explanation of the H4 timeframe: today's h4 price ranges are 16.8xx and 16.6xx and wait for one of the breaks Explanation of the M15 timeframe: the direction of the trendline is still decreasing, meaning that we will focus on selling after the pullback
#23
- September 10, 2020, 01:57:18 PM
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Re: USDZAR
Torroco
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Usdzar Explanation of the daily timeframe: yesterday's daily candlestick was fully bearish and this is our opportunity to follow sell, wait for a break Explanation of the H4 timeframe: our daily price range is at 16.4xx and 16.3xx prices and don't open buy first before breaking low Explanation of the M15 timeframe: for the chart the price at m15 is clearly down and will continue to fall
#24
- October 05, 2020, 01:21:17 PM
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Re: USDZAR
Torroco
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Usdzar Explanation of the daily timeframe: yesterday's daily candle was bearish half strong so we will stay focused on selling Explanation of the H4 timeframe: currently the price for the reference break is 16.65 and 16.60, wait for one of the breaks first Explanation of the M15 timeframe: conditions in the direction of the trendline are still good for going down so just focus on corrections
#25
- October 08, 2020, 01:49:56 AM
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Re: USDZAR
Torroco
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Usdzar Explanation of the daily timeframe: yesterday's daily candle was a big bullish one expected today to be bullish too Explanation of the H4 timeframe: today's candle ranges are 15.4 and 15.3 and we will wait for a break of one of the candles Explanation of the M15: m15 timeframe the chart is still pointing upwards and we will focus on buying when it is corrected
#26
- December 01, 2020, 12:48:15 AM
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