USDZAR
Went short on USDZAR.
We can see the downward trendline being respected and have yet to be broken so more bearish momentum is expected.
We have also reached a nice zone of support and resistance to set up the sell.
Once again, only risk what you are comfortable with as no trade is certain.
Good luck! :)
We can see the downward trendline being respected and have yet to be broken so more bearish momentum is expected.
We have also reached a nice zone of support and resistance to set up the sell.
Once again, only risk what you are comfortable with as no trade is certain.
Good luck! :)
Trade closed: stop reached
Stopped out.
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