POTENTIAL SELL ON USDZAR
Updated
The trade is not ready so short buys may be taken on this pair. A retest to the resistance should be the necessary pullback for the continuation of the downtrend.
Scenario 2, to be safer is you wait for the break of the support and then sell the retest to the newly formed resistance.
Scenario 2, to be safer is you wait for the break of the support and then sell the retest to the newly formed resistance.
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.