Trade idea - USDZAR Long
4H
Deceleration box received at entry zone.
Instant market execution Buy.
1.5% risk.
Full profit at 4H TP.
Would be enough to complete prop firm challenge.
Deceleration box received at entry zone.
Instant market execution Buy.
1.5% risk.
Full profit at 4H TP.
Would be enough to complete prop firm challenge.
Note
MONTHLY
Double bottom pattern potentially in play.
Clear support & resistance zone is there.
Note
WEEKLY
Very possible for Inverse Head & Shoulders pattern to play out.
Clear support & resistance zone is there.
Trade active
Trade closed: target reached
4H TP hit! Prop firm challenge part 1 completed.
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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.