This idea is not a signal but is for educational and demonstration purposes, and is simply an idea. Following price action from the higher timeframe to the lower time frame. Possible 470 pips if price hits 61.8% fib level from previous swing low to swing high on higher time frame. Also fundamentally given outcome of elections, we hope to see some strengthening of the rand. Trade at your own risk.
Note
Price has hit a key level Looking for a pullback to this area Trade closed manually
Closed to protect my profits..A win is a win when we close with profits. We always have to study and be ready to go according to what we see in the market.
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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.