Hey traders, this is Rogue_Trader007. USDZAR has been my top entry since July and sorry I'm sharing this late.
Strong support level at 0.786 Fib level, which is also a hidden Divergence when combined with 14 period RSI. There's also a Bullish Engulfment candle stick pattern right on the .786 fib level which indicates a STRONG reversal. This makes a great entry as it usually shoot towards the 1.272 Fib level.
Making this a strong BUY.
Downside: Long Term position. You might hold for a few months.
ALL THE BEST!!!
Strong support level at 0.786 Fib level, which is also a hidden Divergence when combined with 14 period RSI. There's also a Bullish Engulfment candle stick pattern right on the .786 fib level which indicates a STRONG reversal. This makes a great entry as it usually shoot towards the 1.272 Fib level.
Making this a strong BUY.
Downside: Long Term position. You might hold for a few months.
ALL THE BEST!!!