Hey tradingview. I have not been posting trading ideas in a long time. I am very sorry. i started a active group on facebook that keeps me busy.
Either way im bringing to you a new trading idea. Of USD/ZAR
As we begin. We are going over the fundamental political/financial position of South Africa.
Technical- We had a very exaggerated wick push. As displayed. We are baiting the wick. To see if price action covers the wick.
A strong dollar will aid to this sentiment. Pay attention to political risk. And the financial position of the country.
14.49494 Long. Target 15.43872
Either way im bringing to you a new trading idea. Of USD/ZAR
As we begin. We are going over the fundamental political/financial position of South Africa.
Technical- We had a very exaggerated wick push. As displayed. We are baiting the wick. To see if price action covers the wick.
A strong dollar will aid to this sentiment. Pay attention to political risk. And the financial position of the country.
14.49494 Long. Target 15.43872
Trade active
Trade closed: target reached:
Cheers mates.