PULEMokhothu

USDZAR 14.67900 + 0.57 % LONG IDEA * PRICE ACTION AND STRUCTURE

Long
PULEMokhothu Updated   
FX:USDZAR   U.S. Dollar / South African Rand
Hey everyone

Here's a look at the DOLLAR / ZAR from the 4H perspective Hope everyone is good and having yourselves a good weekend.

* The pair has been ranging at the base of a descending channel even saw a break below of the structure.
* This is until that impulse move with the bulls which saw a correction in the form of a bull flag.
* Looking to see continuation with the bulls so basically looking for a break above of structure to see continuation with the bulls.
* follow your entry rules on entries
* significant moves with the bears change the plan.

lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.

HAPPY TRADING EVERYONE & LET YOUR WINS RUN...

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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE

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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Trade active:
TARGET 1 & 2 REACHED TRAIL / ADJUST SL

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