Trade idea - USDZAR Long

Updated
4H

Corrective approach towards entry zon.

-68 Fibonacci completion aligning with entry zone.

= Buy limit.

Bullish M pattern + Bullish Fake Out flag pattern as extra evidence.

1.5% risk.

Aiming to take full profit at Daily TP.

Comment
6M

Bullish M pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Comment
WEEKLY

-68 Fibonacci has been completed.

snapshot
Comment
DAILY

Bullish impulse / new HH: indication.

Bullish M pattern: confirmation.

Clear support & resistance zone is there.

snapshot
Order cancelled
Cancelled because of NFP.
Chart PatternsdollarDXYdxyindexForexfxtradingnoindicatorspatternsandstructureSupport and ResistancesupportandresistancezonesTrend AnalysisUSDZAR

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