chessnut

USDZAR EW Analysis - Clear triangle formation

FX:USDZAR   U.S. Dollar/South African Rand
81 3 2
This is an exceptionally clear EW triangle formation. The USRZAR should be set to rally to new highs alligned with bullish DXY             counts.
Whats ur entry price or buy the break of the B-D trendline ?
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chessnut YipYip
with this form.... wave e curbing away spaced off the trend line so nicely, Ill just buy here with a stop under local lows. The DXY looks like it has turned so this is probably it.
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YipYip chessnut
Gotta love buy the mkt ;)
+1 Reply
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