TradingView
FOREX_ORACLE
Mar 28, 2021 2:26 PM

BULLISH FALLING WEDGE Long

USD/ZAROANDA

Description

FALLING BULLISH WEDGE CAN BE SEEN ON USDZAR ON WEEKLY TIMEFRAME .
Comments
dgoldiner
yes but that pattern has been visible for a while...what would spark upturn now when it didn't happen before?
FOREX_ORACLE
@dgoldiner, , we have a head and shoulders reversal pattern on daily , coupled by a bullish institutional order flow off the daily time frame after a breaker and now we retest of that and rejection for a possible higher higher on the daily . considering we have already had a BMS (break in market structure) after a failure swing low. but let's see how it plays out
dgoldiner
@FOREX_ORACLE, tx for the valuable insight. much appreciated!
More