TradingView
Theto_Morifi
Jan 27, 2021 7:40 AM

USDZAR Long Trade Idea Long

USD/ZAROANDA

Description

Lovely confluence formation between the Eliott wave principle and the harmonic principle. Looking for a lovely third wave move
to be completed and at the same time a beautiful Gartley CD leg is to be completed. Looking forward to seeing this one play out.


If you have any views on USDZAR, do shoot in the comments below, I would highly appreciate it. If you enjoy this setup, hit the like
and share buttons to spread the enjoyment.

Target:
-15.90000

Trade active



Profits bagged in the red circle. Possible long re-entry opportunity to be provided by a possible 61.8% pullback giving us a second wave. Stay tuned

Comment



Stopped out at break even, and SL hit for the re-entry position. Long bias is still valid and I will be cleaning the setup up and posting the updated analysis
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