USDZAR Short positions triggered
My short position has been triggered.
Firstly my confluence is a lower high on the 4H timeframe.
Price failed to created a new high.
Secondly price action has broken my box zone.
Which indicates we are receiving a strong push to the downside because of the bears.
Thirdly we have seen a break of the major bullish trend.
Let’s see how this plays out…
Firstly my confluence is a lower high on the 4H timeframe.
Price failed to created a new high.
Secondly price action has broken my box zone.
Which indicates we are receiving a strong push to the downside because of the bears.
Thirdly we have seen a break of the major bullish trend.
Let’s see how this plays out…
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