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PULEMokhothu

USDZAR 4H PRICE ACTION, STRUCTURE CONTINUATION IDEA.

Short
U.S. Dollar / South African Rand (FX:USDZAR)  
PULEMokhothu Updated   
FX:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Chart Patterns Technical Indicators pulemokhothu Symmetrical Triangle breakouttrading usdzarshort usdzaranalysis USDZAR
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trendanalysis chartpattern indicator pulemokhothu symmetricaltriangle breakouttrading usdzarshort usdzaranalysis usdzar
Hey Everyone

Here's an idea on the USD/ZAR which is currently trading below the 50 M.A in a symmetrical triangle.
Targeting a break below since from the monthly and weekly time frames the pair is retesting the 50% Fib on a pull back, looking for continuation of this move with the bears.
A break above of structure changes the trading plan.

I hope the idea assists in anyway on your trades on the pair.
Good luck &' happy trading 🐂🐻👍🏽👍🏽👍🏽
Comment:
🔵 pull back for a retest of the resistance structure looking for a push down with the bears.

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