AhmedMesbah
Long

USDZAR [1DC] Long setup with a good RISK/REWARD ratio.

OANDA:USDZAR   U.S. Dollar / Süd Afrikanischer Rand
OANDA:USDZAR            
Wait for the breakout to be confirmed.
Best wishes,
ZAR ; commercials 'zero' long contracts for x3 weeks running( ie, go long usdzar); in on this but too soon; consolidation - but looks hopeful!
Antworten
AhmedMesbah JohnJohnsom
@JohnJohnsom, Just because of the weak dollar. other than this, commercials would take it back to 13 in 2 days. Lucky Rand.
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Wow nice TA, Thanks for the information!!!! I saw a Hidden Divergence, I believe it's a short!
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AhmedMesbah BrunoAlvesb2
@BrunoAlvesb2, Hi Bruno, take care of this contract its quite wild. its still early and its better to wait for the European session or 1 day candle to close either up or down. The RAND is so overbought atm.
+1 Antworten
BrunoAlvesb2 AhmedMesbah
Yes @AhmedMesbah, Thanks for you're advice, you are right! I closed my open position's and wait patiently many thanks!
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