timolsfx19

USDZAR Trading Analysis

Short
FX:USDZAR   U.S. Dollar / South African Rand
Notes:
1. The market formed a lower high and is currently reflecting a bearish structure on the daily time frame.
2. Reversal patterns are evident on the 4 hour time frame as well as on other lower time frames.
3. Sell USDZAR @ 17.30000
4. Take Profit Level: 15.87250 (14275 pips)
5. Stop Loss Level : 17.71350 (4135 pips )
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