USDZAR 17.29250 -0.3% SHORT IDEA

By PULEMokhothu
Updated
Good Day Everyone

Here's an idea on the USDZAR pair which has been trading in a descending channel and rallied up in an ascending channel within the descending structure looking for a rejection in the descending channel and a break below the ascending channel to trade with the bears on the pair, a break below the ascending channel will signal this short position should the plan be satisfied...


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entry & sl - follow you rules
RISK-MANAGEMENT
PERIOD - DAY TRADE

TARGET - 16.9034

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If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT

Trade active
adjust your SL to break-even or previous swing high
Trade closed: target reached
Comment
HERE'S A CONTINUATION ONN THE PAIR

USDZAR 16.94610 - 0.29% SHORT IDEA MULTIPLE TIMEFRAMES
Trade closed: target reached
on the continuation
Ascending ChannelbreakoutbreakouttradingChart PatternsDescending Channelfundamental-analysisTechnical IndicatorspulemokhothuTrend AnalysisUSDZARusdzarshort
PULEMokhothu

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