vlad.adrian
Long

USDZAR - Long with the trend

FX:USDZAR   U.S. Dollar / South African Rand
109 2 3
The weekly chart is still in an uptrend, and I emphasized before in a chart how the bearish divergences are buying opportunities .

The daily chart shows an inverted H&S , a false breakout below the support from the right shoulder, green impulse, and bullish candlesticks . Considering the chart stands at value on the weekly chart, this is a very good moment to get long. I am long since the first of December, roughly at the same price that is now shown on the chart.
Now what? Coming back down you think?
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Surely doesn't look like it, it just made a new high
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