Mulai
Linton_White

Large Correction For More Upside

Dollar A.S / Rand Afrika Selatan (FX:USDZAR)  
Linton_White  
FX:USDZAR   Dollar A.S / Rand Afrika Selatan
Trend Analysis Chart Patterns Wave Analysis USDZAR dollar RAND USD ZAR correction correctivestructure wavetheory
5
0
trendanalysis chartpattern waveanalysis usdzar dollar rand usd zar correction correctivestructure wavetheory
USDZAR is currently forming a larger correction that I initially anticipated. This means that the correction that I had looked at before as being a 3 wave correction, was actually only wave 1 of the larger correction. Looking at the current setup, I expect price to break the low of wave one, market with the red line, before there is a reversal to the upside. I will be looking to enter the long when a reversal confirms but may look for smaller trades to the downside in the interim as well.

Happy trading!
Linton White
JP Markets
South Africa
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.