thillygoosth

Eur/Zar Potential Complex "B" wave

Short
thillygoosth Updated   
FX_IDC:EURZAR   EURO / SOUTH AFRICAN RAND
If you did not already get the first sell level I posted, or if you are in it... Watch out for an ending diagonal which would measure out perfectly to the 1.236 extension. From there, we may get a head and shoulders or flat type structure which could then turn into a WXY structure for a complex "B" wave. I suggest you watch the short video I posted on my channel. Link below. I do see some nice downside coming but that doesn't mean we can't get something to double top or break the high, but I see the sell as the next move.
Comment:
I posted this because of probability of a nice trade entry. Look at Usd/chf before it dropped. Look at Usd/Mex before the last drop it made. Compare that to Eur/Zar's pattern and price action...

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