I expect a retrace of about 5-10c at the very least, I have personally opened a long position with the size of R585000 (40000USD), expecting the ZAR to weaken in the short term within a day or two to 14.70+-.
Stop Loss is around 14.56, take profit is 14.69-14.71, entry price is 14.60-14.61
Stop Loss is around 14.56, take profit is 14.69-14.71, entry price is 14.60-14.61
Trade active
Note
adjusted stop loss to 14.59Note
adjusted take profit to 14.57adjusted stop loss to right-above-position-open-price
Note
adjusted stop loss to 14.626Trade closed: target reached
Closed at 14.70Proof:
drive.google.com/file/d/1Ee_ZaACubfOh_k8zFWDrysoi_ybedNiP/view?usp=sharing
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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.