U.S. Dollar / South African Rand
Long
Updated

USDZAR let's have the next impulse!

160
On the chart you can see 5-wave impulse, after that ABC correction, so now we have good entry point: low risk with tight stop, because if price go down my idea will be invalidated. And big potential profit!

Divergence on MACD between a and c waves.
Note
I hope you don't miss my trade)

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.