USD / ZAR 16.24355 +1.79 % LONG IDEA * CONTINUATION PATTERN
HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR / ZAR.
- We saw the pair rally with the bulls in this past trading week.
--- here's what we had
https://www.tradingview.com/chart/USDZAR/HBfjPi7w-USDZAR-15-72020-0-5-LONG-IDEA-CONTINUATION-PATTERNS/
- We closed the week with strong momentum to the upside.
- 50 % fib level tested and saw a rejection at this level.
- Looking for continuation on the pair for a completion of the impulse.
- The new found covid-19 variant might also affect the pair fundamentally.
* lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR / ZAR.
- We saw the pair rally with the bulls in this past trading week.
--- here's what we had
https://www.tradingview.com/chart/USDZAR/HBfjPi7w-USDZAR-15-72020-0-5-LONG-IDEA-CONTINUATION-PATTERNS/
- We closed the week with strong momentum to the upside.
- 50 % fib level tested and saw a rejection at this level.
- Looking for continuation on the pair for a completion of the impulse.
- The new found covid-19 variant might also affect the pair fundamentally.
* lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
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