Trade idea - USDZAR Long

Updated
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.
Note
MONTHLY

Double bottom pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Note
WEEKLY

Very possible for Inverse Head & Shoulders pattern to play out.

Clear support & resistance zone is there.

snapshot
Trade active
Trade closed: target reached
4H TP hit! Prop firm challenge part 1 completed.
Chart PatternsdollarForexfxtradinglongsetuppatternstructureSupply and DemandsupportandresistancezonestrendTrend AnalysisUSDZAR

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