USDZAR bearish bat pattern in front of weekly supply zone
USDZAR had rallied more than 2000 pips this year, and it encounter some challenge here for the weekly supply zone at 14.00 fig.
A momentum train fought with the strong supply, which was very fun to watch (not necessary for trading though)
Here we got a little intra-day hourly bearish bat pattern to be the confirmation entry for the weekly supply,
which is a much better set-up to give the short a shot with limited risk!
Also, to short USDZAR is also a pair with very high interest so I don't mind to give the trade a little more rooms;
Still, a reversal sign after it hit 13.96 is necessary for this trade!
Let's see how it goes!
A momentum train fought with the strong supply, which was very fun to watch (not necessary for trading though)
Here we got a little intra-day hourly bearish bat pattern to be the confirmation entry for the weekly supply,
which is a much better set-up to give the short a shot with limited risk!
Also, to short USDZAR is also a pair with very high interest so I don't mind to give the trade a little more rooms;
Still, a reversal sign after it hit 13.96 is necessary for this trade!
Let's see how it goes!
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.