FX:USDZAR   U.S. Dollar / South African Rand
50 10 6
I short below the 4H line earlier. Took profit, and re-entered.

1.Deep Blue Line = Prior BOL             . A trade below this would be fantastic = New Swing Low Probably.
2. Lower Channel Line expected to bounce price, but would be sweet if it fails.
3. Immediate target is daily short level indicated on chart.

I have a sell stop on the daily chart , below this line.
Lets's see what happens........
Nice clean charts
The Leg Up....????
Look to how many times this level is being tested. Is it going to give in or hold firm n bounce price...???
moorekapital moorekapital
Seems a lower swing low forming. We broke out of that critical Blue line ;)
IvanLabrie moorekapital
I hope you're still in from the top.
+1 Reply
moorekapital IvanLabrie
I got out on the blue line. Why? it was a potential support = Anything was possible
moorekapital moorekapital
I would re-asses and go in again. This market currently offers loads of sweet opportunities, and i don wanna miss any single move thereof.
IvanLabrie moorekapital
I like 75% tp in these situations.
Was the short invalid?
moorekapital IvanLabrie
No. Was just scared of possible bounce, like it happened in the leg down prior. And technically, i was seeing a Trading Range(TR) situation = 1 more leg up possibly.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out