Bullish Gartley Forming on USD/ZAR Daily
Updated
Fib retracements are lining up pretty well for a Gartley pattern. Stochastics are approaching oversold and PRZ also is in the area of the bottom Bollenger band and bottom of the cloud. I am currently short this pair and will be looking for an exit around the PRZ and potentially a long entry.
Trade closed: target reached
I'm out.
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