USDZAR Short Opportunity

As shown here by the channel and MA's, we are on a downtrend. Also, price has broken through a key support level on H4 and is coming back up to retest. As it approaches our gold zone on the fib we want to move to a lower timeframe such as M30 for a possible entry. We are looking for a few wick rejections in the gold zone. Let me know what you all think and if you like this idea please smash that like button for me!
Trend Analysis

Aviso legal