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ricomister
Aug 23, 2023 8:28 PM

USDZAR Short trading opportunity(short-term) 15 Short

U.S. Dollar/South African RandFXCM

Description

expect ZAR to weaken against the dollar about 40 cents +-, I have opened a short position with the size of (22000USD), speculating that the ZAR to weaken in the short term within a day or within a few days to 18.075+-.

Stop Loss is around 18.60+-, take profit is 18.075 , the entry price is 18.50+-

Trade closed: stop reached

Comments
TheFxAce
Your bearish stance looks well-founded. Let's see how it rolls out!
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