TraderSQUAD
Short

USDZAR SHORT (TARGETS 13.00)

FX:USDZAR   U.S. Dollar/South African Rand
Fundamentally Bearish ZAR             , Bullish USD (see realted idea https://www.tradingview.com/chart/USDZAR/yRkDowfD-USDZAR-Which-Way/)

However, we have a rencent lower low and what looks to be a USD bearish 5th wave.

Therefore, its a 13.81 sell for
- TP1 13.40
- TP2 13.25
- TP3 13.00

3x reversal above 14.10 forbreakeven and profits into 14.30
Comment: Rand weaker on negative political news.

Short 13.81 to 14.30 = -49cents
3x Reversal 14.10 to 14.30 = 3 x +20 cents = +60cents

Net +11 cents
Trade closed: target reached: +11 Cents as above
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out