PULEMokhothu

USDZAR 4H PRICE ACTION, STRUCTURE CONTINUATION IDEA.

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PULEMokhothu Diupdate   
FX:USDZAR   Dollar A.S / Rand Afrika Selatan
Hey Everyone

Here's an idea on the USD/ZAR which is currently trading below the 50 M.A in a symmetrical triangle.
Targeting a break below since from the monthly and weekly time frames the pair is retesting the 50% Fib on a pull back, looking for continuation of this move with the bears.
A break above of structure changes the trading plan.

I hope the idea assists in anyway on your trades on the pair.
Good luck &' happy trading πŸ‚πŸ»πŸ‘πŸ½πŸ‘πŸ½πŸ‘πŸ½
Komentar:
πŸ”΅ pull back for a retest of the resistance structure looking for a push down with the bears.

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