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PULEMokhothu
8 de Out de 2020 12:05

USDZAR 4H PRICE ACTION, STRUCTURE CONTINUATION IDEA.Β ViΓ©s de baixa

U.S. Dollar/South African RandFXCM

Descrição

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Hey Everyone

Here's an idea on the USD/ZAR which is currently trading below the 50 M.A in a symmetrical triangle.
Targeting a break below since from the monthly and weekly time frames the pair is retesting the 50% Fib on a pull back, looking for continuation of this move with the bears.
A break above of structure changes the trading plan.

I hope the idea assists in anyway on your trades on the pair.
Good luck &' happy trading πŸ‚πŸ»πŸ‘πŸ½πŸ‘πŸ½πŸ‘πŸ½

ComentΓ‘rio

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πŸ”΅ pull back for a retest of the resistance structure looking for a push down with the bears.
ComentΓ‘rios
Phi-Deltalytics
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Nice idea!
PULEMokhothu
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I appreciate it @Phi-Deltalytics, Thnk you
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