traderWgun

UPDATE: A low in place

Short
FX:USDZAR   U.S. Dollar / South African Rand
1
Three months ago a posted this idea that suggested a low was just around the corner.

This turned out to be right.
We are now in the process of completing wave X in a complex correction
or wave (A) in a flat.

This market should trade a bit higher into the 11.10-25 area
before dropping.
A break above 11.55 (wave C=A*1.618) would invalided this idea.

Follow all my demo trades at www.myfxbook.com/mem.../tlkemmy/demo/854232

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Good luck!

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