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hardinnofx
Feb 23, 2020 9:32 PM

We are waiting for a clean sell on USDZAR 

U.S. Dollar/South African RandFXCM

Description

WE should be looking for a good selling opportunity on USDZAR . We have to wait for price to come to us . the sell with a reasonable risk/profit . Have a pipful week ahead . add me up for more analysis or contact me to learn how trade . stay blessed people .
Comments
AFTM
Yes there is the deep sell coming the 4h prev candles got rejected hardly on the same level where the markets is on
Giinem
@AFTM,
I don't know man it's kind of chalky
hardinnofx
@Giinem patience is needed to see it play out the anticipated way
dgoldiner
what does this even mean?
hardinnofx
@dgoldiner what exactly
dgoldiner
@hardinnofx do you only look to short? .i see people suggesting now is a time to short and the same were saying it was time to short at 14.8 or 15. Listening to you would've cost anyone money. wouldn't the chart suggest the rate will keep making new highs for the time being?
hardinnofx
@dgoldiner, well shorting this requires me to finally see the price action in play before entering it . Looking like liquidity draw has been taking out and already see sign of rejection . And also I want to see how the next 4 hour candle closes considering it’s around a resistance . And also mitigation already occurred . Also consider the fact that the candles are forming inside a rising wedge .
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