Long USDZAR
buy setup on USDZAR after more than 2 weeks on the downtrend without a significant retest and now the price has touched major support with a potential reversal..
the RSI also indicates a bullish divergence on the support area..
IMO, its a low risk and high reward trade with stop loss below the support
the RSI also indicates a bullish divergence on the support area..
IMO, its a low risk and high reward trade with stop loss below the support
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.