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U.S. Dollar / South African Rand
Short

USDZAR SHORT IDEA, simple chart simple explanation

244
Hey guys, looking at ZAR for a short opportunity. The 1 hour trend is Exhausted.. not really looking at "what" will happen more like when. Patiently waiting for it to break that first trend line however a Head and Shoulder pattern has formed, extra confirmation. Got in on a 3 finger setup. Sell till next structure, which if its respected, will be resistance to Buy.

:) -PGP
PrettyGirlPips
Head and ShouldersshortUSDZARusdzarshort

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Head and ShouldersshortUSDZARusdzarshort
PrettyGirlPips

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.