USDZAR 14.67900 + 0.57 % LONG IDEA * PRICE ACTION AND STRUCTURE
Updated
Hey everyone
Here's a look at the DOLLAR / ZAR from the 4H perspective Hope everyone is good and having yourselves a good weekend.
* The pair has been ranging at the base of a descending channel even saw a break below of the structure.
* This is until that impulse move with the bulls which saw a correction in the form of a bull flag.
* Looking to see continuation with the bulls so basically looking for a break above of structure to see continuation with the bulls.
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Here's a look at the DOLLAR / ZAR from the 4H perspective Hope everyone is good and having yourselves a good weekend.
* The pair has been ranging at the base of a descending channel even saw a break below of the structure.
* This is until that impulse move with the bulls which saw a correction in the form of a bull flag.
* Looking to see continuation with the bulls so basically looking for a break above of structure to see continuation with the bulls.
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Trade active
TARGET 1 & 2 REACHED TRAIL / ADJUST SL
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