Wait for price to break below 12.87 to long #USDZAR

Aktualisiert
Before going higher USDZAR may likely break below April's low at 12.87.


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Trade outlook is about 30 days
Ramesh aka Surefire Trader, is the author of his new book "Trade Forex with Confidence"
to guide readers how to build a profitable trading system using the 10/20/30 Rule.
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Anmerkung
We got the 12.87 level broken as anticipated. Now I will wait for up candle to close above 12.945 for my entry.

Snapshot
Anmerkung
Getting close for price to close above 12.945 to confirm the reversal and for the impulse move to show up.
Trade ist aktiv
Anmerkung
The down move is to shake out longs, so don't be discouraged. I will add more positions when candlestick closes above the horizontal line.

Snapshot
EURZARUSDCHFUSDJPY

Haftungsausschluss