USDZAR Heading short
Updated
USDZAR is likely to further drive down to the 23 fib level....fib level 78.6 has signaled a short move with the instrument having given in to the bears at a resistance zone and pointed to a corrective wave.
please engage with me if you have a different perspective or share the same sentiment.
please engage with me if you have a different perspective or share the same sentiment.
Trade active
If you followed this trade you can close half of your positions and book your profits, move your stop losses at entry level(break-even), and hold the remaining, setting your TP to 18.50000...that is at the support at the 0(18.52) fib retracement level.
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