TradingCocktail

USDZAR SHORT TERM SELL

Short
TradingCocktail Updated   
FX:USDZAR   U.S. Dollar / South African Rand
Very weak USD on Monday, sellers in control. Technical confirmation only. Good rising volume and end up in high volume pinbar. We also hold USDZAR long for long term into March. Bostic will speak soon to yahoo finance, his last comment was about 0.5 point rate. Will close soon if there's no progress. Long USD still very favorable.
Trade active
Comment:
SL to BE
Trade closed manually:
Good green pips

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.