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Wave-Trader
21 sep 2017 18:35

USDZAR sell from top  Kort

U.S. Dollar/South African RandFXCM

Beskrivning

Hi fellows, Watch top for short. It is rising correctively s i am looking for one more leg down.

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Watch flag completion and then breakout.

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Flag is about to complete watch breakout.

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Those who are in sell give it some time. If couple of candles go beyond the trend line that does not mean we have change in structure. Currently we are having strength on DXY so thats why USDZAR is rising slightly.

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Watch breakout and continuation
Kommentarer
mdun8900
Thanks for update Wave-Trader, much appreciated!
fonnie
what pattern is zar forming broke upwards
fabless12
is it the right time for short ? 13.52..
totetronico
Is there any Direct correlation between USDZAR and GOLD that You are aware of ? I notice that Price goes always in opposite Direction. anycomments ?
mdun8900
Hi Wave-Trader - would you be able to give an update on this pair? I shorted under TL within the corrective flag, although it has now broken above. Do you think there is still one more leg down or has the structure changed? Thanks!!
volkankesici
Is this a wrong side breakout?
Wave-Trader
@volkankesici, give it some time mate Currently DXY is moving
SyedTariqHussainShah
I'm already in from peak .and also taking 2nd entry.
usher
still in a flag nice set up
Mer