Theto_Morifi

USDZAR Long Trade Idea

Long
Theto_Morifi Updated   
OANDA:USDZAR   U.S. Dollar / South African Rand
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.


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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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