As highlighted on the chart it seems as though USD/JPY is 1 step ahead of USD/ZAR. If this is indeed the case then we can expect a monster move up from USD/ZAR. A similar case occurs with the CAD/JPY + CHF/JPY and I have already made a post for those who want to check it out. (see related ideas seciton). As of now there is no clear buy setup for USD/ZAR therefore I'm not interested in buying at the moment and therefore I will not include any details in this post. Stay tuned for updates.
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Entering the buy zone... Stay frosty ;)
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don't freak out with the messy abc's of the last update, i was looking at the W tf and forgot to re-position..here's a neater look...double combo consisting of a zig-zag and a flat
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first sign that USD/ZAR is prepping for a reversal...maybe..?