USDZAR 17.13930 - 0.69 % SHORT IDEA * TREND CONTINUATION

By PULEMokhothu
Updated
Good Day Everyone

A look at the DOLLAR / ZAR that has been trading in a descending channel hitting LH, LL looking for a continuation of the trend with the bears on the pair in the coming week looking for a break below support level 17.07766 trading below this level will trigger the trade and we'll be short on the pair.

we'll see how it goes...

HAPPY TRADING EVERYONE

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ENTRY & SL - FOLLOW YOUR RULES

TP 1 - 16.95705
TP 2 - 16.71227

SL - 17.34574
RISK-MANAGEMENT
PERIOD - SWING TRADE

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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Trade closed: target reached
🔵 Target 1 successful
🔵 Target 2 Successful
Chart PatternsDescending ChannelDescending TrianglehigherhighhigherlowTechnical IndicatorspulemokhothuTrend AnalysisUSDZARusdzarshort
PULEMokhothu

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