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taftrader

Interesting scenario!

Short
ZAR/JPY (OANDA:ZARJPY)  
taftrader  
OANDA:ZARJPY   ZAR/JPY
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
We have an interesting scenario playing on ZARJPY. The trendline i drew there is actually a representation of the Monthly Tenkan on this pair. That is a strong resistance and we want to play rejection from it and get good R.

Entry:6.470
SL : 6.484
TP : 6.401
R : 4,93

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