{"id":12693,"date":"2022-10-27T07:16:38","date_gmt":"2022-10-27T07:16:38","guid":{"rendered":"https:\/\/tradingshot.com\/?p=12693"},"modified":"2023-05-16T07:18:42","modified_gmt":"2023-05-16T07:18:42","slug":"usdzar-short-term-sell-signal-and-long-term-level-to-watch","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2022\/10\/27\/usdzar-short-term-sell-signal-and-long-term-level-to-watch\/","title":{"rendered":"USDZAR Short-term Sell signal and long-term level to watch."},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>The USDZAR pair continues to confirm our break-out trade strategy as by breaking above the previous Resistance Zone we discussed on September 06, while holding the 1D MA50 (blue trend-line) as Support, it activated our buy signal and hit the -1.0 Fibonacci target and the 2.0 Fib extension (green dotted line) of the long-term Channel:<\/p>\n<div class=\"tv-embeded-image\"><a class=\"js-embeded-chart-image tv-embeded-image__link\" title=\"USDZAR Critical Resistance. Levels to buy and sell.\" href=\"https:\/\/www.tradingview.com\/chart\/USDZAR\/dMUBuL0T-USDZAR-Critical-Resistance-Levels-to-buy-and-sell\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"js-image-lazy-load\" src=\"https:\/\/s3.tradingview.com\/d\/dMUBuL0T_big.png\" alt=\"USDZAR Critical Resistance. Levels to buy and sell.\" \/><\/a><\/div>\n<p>We will continue this successful approach, which right now gives a new short-term sell signal targeting roughly -7.00% from the recent top, below the 1D MA50 at the bottom of the Channel Up (green) that started on the April 13 Low. This is around 17.300.<\/p>\n<p>If however the MACD on the 1W time-frame makes a Bearish Cross as on January 17 2022, we will use the 1D MA50 as Resistance and target even lower the 1D MA200 (orange trend-line). Take profit when the MACD makes a Bullish Cross.<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/USDZAR\/t0T3SAAb-USDZAR-Short-term-Sell-signal-and-long-term-level-to-watch\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/USDZAR\/t0T3SAAb-USDZAR-Short-term-Sell-signal-and-long-term-level-to-watch<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; The USDZAR pair continues to confirm our break-out trade strategy as by breaking above the previous Resistance Zone we discussed on September 06, while holding the 1D MA50 (blue trend-line) as Support, it activated our buy signal and hit the -1.0 Fibonacci target and the 2.0 Fib extension (green dotted line) of the long-term<\/p>\n","protected":false},"author":611,"featured_media":12694,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1637],"tags":[],"class_list":["post-12693","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=12693"}],"version-history":[{"count":2,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12693\/revisions"}],"predecessor-version":[{"id":12696,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12693\/revisions\/12696"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/12694"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=12693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=12693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=12693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}