ZARJPY - (3 hours chart, OANDA) - Long Position; Short-term.ZARJPY - South African Rand / Japanese Yen (3 hours chart, OANDA) - Long Position; Short-term research idea.
Risk assessment: Medium {volume & support structure integrity risk}
Risk/Reward ratio ~ 1.9
Current Market Price (CMP) ~ 8.084
Entry limit ~ 8.050 on May 12, 2025
1. Target limit ~ 8.160 (+1.37%; +0.110 points)
2. Target limit ~ 8.250 (+2.48%; +0.200 points)
Stop order limit ~ 7.945 (-1.30%; -0.105 points)
Disclaimer: Investments in securities markets are subject to market risks. All information presented in this group is strictly for reference and personal study purposes only and is not a recommendation and/or a solicitation to act upon under any interpretation of the letter.
LEGEND:
{curly brackets} = observations
= important updates
(parentheses) = information
~ tilde/approximation = variable value
-hyphen = fixed value
