USD / ZAR 15.36988 +1.79 % LONG IDEA * CONTINUATION PATTERN
Updated
HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
NEW WEEK, NEW OPPORTUNITIES.
LOOKING AT THE DOLLAR / ZAR
* The PAIR has been trading in a descending channel just tested the base of this structure creating a double bottom as we enter a strong bullish rally.
- Short term the pair has currently broken structure possibly signaling a strong bullish momentum on the 4h chart this.
- There is a supply zone to look out for on the on the pair ahead which will serve as the target for this trade should the ENERGY continue upwards.
- Looking for long entries on the THE DOLLAR ZAR this week should all the rules of the formation be met.
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
NEW WEEK, NEW OPPORTUNITIES.
LOOKING AT THE DOLLAR / ZAR
* The PAIR has been trading in a descending channel just tested the base of this structure creating a double bottom as we enter a strong bullish rally.
- Short term the pair has currently broken structure possibly signaling a strong bullish momentum on the 4h chart this.
- There is a supply zone to look out for on the on the pair ahead which will serve as the target for this trade should the ENERGY continue upwards.
- Looking for long entries on the THE DOLLAR ZAR this week should all the rules of the formation be met.
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Trade closed: target reached
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