USDZAR BUY - ZA ECONOMY COLLAPSE

USD/ZAROANDA

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⋅ 15 Th07 2021 09:59

The only way South African's can benefit from the havoc we are facing is by longing USDZAR.

Zones are marked. Enter during NY session. USD strength will come in.

Enjoy, swing to the upside R20+, take partials at R15, R15.55.

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⋅ 16 Th07 2021 13:29

Panning out as predicted, have patience, bullish confirmations are needed before scaling in

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MatthewT94

⋅ 15 Th07 2021 12:22

thats not a head and shoulder pattern forming... a head and shoulder would signal the bullish run will be over as we move to the downside....

rushnft

⋅ 16 Th07 2021 09:01

@MatthewT94, Sorry?

sbohcele52

⋅ 21 Th07 2021 08:54

Nice set-up, thank you.

LawalAbdulwahabTolulope

⋅ 17 Th07 2021 12:45

In my experience larger tfs are always incharge

LawalAbdulwahabTolulope

⋅ 17 Th07 2021 12:40

The inv. head and shoulders is present on daily chart and had broken neckline and retestested

simonnambuli

⋅ 16 Th07 2021 10:06

or it will drop up to 14.2000? any one?

rushnft

⋅ 16 Th07 2021 13:27

@simonnambuli, Seems like it's rejecting however I have buy limits at 14.20

rushnft

⋅ 16 Th07 2021 13:28

@lordmdl, Worst case buy stop at 14.55,14.60

simonnambuli

⋅ 16 Th07 2021 10:06

so it will move up to 14.50... soon??

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