After retracement to the 0.618 level on the monthly Bearish Shark formation, USDZAR has printed a Bullish Bat on the weekly which signals the end of the retracement on the larger timeframe and a likely run to the upside at least to the 0.382 level which is the previous support not resistance on both timeframes.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
