Wait for daily confirmation before placing a trade.
Possible long, need to wait for confirmation first. Drew the trend on line chart, break of the trend and inverted head and shoulders pattern, still waiting for confirmation on the 50% / 61% fib.
Good Gold opportunity. Just an idea, need to wait for confirmation
A further continuation to the 50/ 61 % fib then wait for a clear bullish signal and buy long to new highs, as illustrated.
USDZAR Bullish uptrend, currently in the beginning stages of a corrective trend to the 50/61 % fib level. Bullish momentum will start at these levels as-well as being at a key support level on the daily time frame and then a touch on the 21 moving average and from here we wait for a simple bullish candlestick signal at these levels. Key factors of confluence, lets...