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Noblepips
Jan 27, 2020 9:11 AM

USDZAR At CRITICAL LEVEL (What I Will Do) 

USD/ZAROANDA

Description

USDZAR is at a critical level where the price tends to reverse on 3 occasions, will price break it or reverse?

USD seems to be gaining strength this week. i will wait and see if the price can break the zone and continue on a bullish move, I will wait for the retest to confirm my entry.

And if it pulls back, i will still wait for a retest to confirm my entry.

All in all, personally i don't trade Mondays only if the market provides a strong opportunity that is when i consider trading Mondays.

Its a new week don't get caught up in the erratic movement.
Comments
PipsInMyBoots
Any thoughts on this current setup @Noblepips
ZeroCool36
Looks like it is topping up at 14.57xxx. Will wait to see if shooting star emerges on H1/H4 timeframe
Noblepips
@ZeroCool36, Yes, let's wait and observe!
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