OFPA_FX

EURZAR: Strong Bullish Impulse

Long
FOREXCOM:EURZAR   Euro / South African Rand
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6
Price reacted to a DZ with a strong bullish impulse without any pull back, taking out 3 swing high in the process. After such a strong bullish impulse, I am expecting a ABCD pull back to the FZ(Fib 50) or Fib 61.8. Will be looking out for price action in this area to go LONG.

DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

PRICE ACTION only tell half the story. The other key half is VOLUME . For VOLUME drive price.

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