We had bearish momemtum on the weekly chart
USDZAR
Formation of flag pattern
Break of the flag pattern
We will now wait for retest of break and buy to the upside
TP1@ 14.68573
TP2@ 14.82020
TP3@ 14.9522
USDZARFormation of flag pattern
Break of the flag pattern
We will now wait for retest of break and buy to the upside
TP1@ 14.68573
TP2@ 14.82020
TP3@ 14.9522
Note
Retest of breakout is currently happening. Time to look for buys at end of the exhaustion.Note
USDZAR IS ON THE MOVE. IF YOU ARE IN ON THE TRADE YOU SHOULD BE SMILINGNote
DONE AND DUSTED
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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.