going short after the retest Short

FX_IDC:USDZAR60

U.S. DOLLAR / SOUTH AFRICAN RANDICE

Description

⋅ Nov 24, 2017 6:17 AM

looking to triple my profits with this setup, since am holdind 3 sell position , which are in good profit

Trend Analysis Chart Patterns

Comments

Ltd

⋅ Nov 24, 2017 7:21 AM

Hi, I think you’ve hit the nail on the head. The ratings agencies are not likely to downgrade given the implications and I believe this will strengthen the rand. Do you think the retest level will hold?