Wait for price to break below 12.87 to long #USDZAR
Updated
Before going higher USDZAR may likely break below April's low at 12.87.
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Trade outlook is about 30 days
Ramesh aka Surefire Trader, is the author of his new book "Trade Forex with Confidence"
to guide readers how to build a profitable trading system using the 10/20/30 Rule.
bit.ly/2novoga
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Trade outlook is about 30 days
Ramesh aka Surefire Trader, is the author of his new book "Trade Forex with Confidence"
to guide readers how to build a profitable trading system using the 10/20/30 Rule.
bit.ly/2novoga
Note
We got the 12.87 level broken as anticipated. Now I will wait for up candle to close above 12.945 for my entry. Note
Getting close for price to close above 12.945 to confirm the reversal and for the impulse move to show up.Trade active
Note
The down move is to shake out longs, so don't be discouraged. I will add more positions when candlestick closes above the horizontal line.
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