USDZAR// Long OpporunityFirstly, if your broker doesn't have a decent spread that you think you can work with, forget about this.
Price is currently at an area of strong S/R.
I see an M formation.
Multiple Harmonic Patterns have completed from this area, others well within PRZ.
With every trade comes risk, however Exotics provide more risk than usual. But I do think this is a good opportunity to go long, to gain exposure to currencies outside the usual. I recommend using a small lot size with a healthy SL.
Open to other opinions.
