traderWgun
Short

Major top in place?

FX:USDZAR   U.S. Dollar/South African Rand
175 9 0
We could have seen the end of several short, medium and long term cycles at current levels.
we can also see fib conflunce at these levels.
The extended RSI divergence is common before major tops.
The weekly shooting star acting as resistace for now (look below)
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one hour chart
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Closing longs from 10.02 for +220 pips.
will look to sell a 3 wave correction.
Stay tuned
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traderWgun traderWgun
sorry shorts not longs...
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Looks like the correction is over and it looks like a H&S top is in place.

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traderWgun traderWgun
bearish candle stich patter marked in the circle
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traderWgun traderWgun
short term
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I remain short this one. H&S one 4H
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