EUR/ZARShort
EURZAR SHORT ON THE HOURLY CHART
ON THE 60 MINUTE CHART THE PAIR HAS FORMED A DESCENDING CHANNEL THAT ALLOWS US TO ENTER FOR A QUICK SHORT BEFORE THE PAIR HEADS BACK TO THE TOP AS IT IS ALREADY IN AN UPTREND ON THE 60 MINUTE . IT HAS TOUCHED THE RESISTANCE OF THE TREND LINE AND ALSO WE HAVE EXTRA CONFIRMATION FROM THE CANDLESTICK PATTERN FORMED AT THE RESISTANCE WHICH IS TWEEZER TOPS . ONCE THE SHORT IS FINISHED A BREAKOUT WILL BE EMINENT AND WILL HAVE A CHANCE TO GO LONG ON THE PULLBACK
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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.