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karim-alpan
Feb 1, 2020 2:36 PM

USDZAR LONG 1d Long

USD/ZAROANDA

Description

Price moved down for a long period of time before a trend break happened.
Price returned to the structure to validate a break and retest to indicate a buy.
Price broke through a major area of resistance, for our strategy to work, price must come back to the old resistance/new support zone, or push deeper down to the trend line before resuming upwards momentum, possibly to the 153328 area
Comments
dgoldiner
so in other words now that it's broken through resistance you are saying buy....would have been better to suggest this last week
karim-alpan
@dgoldiner, No, because i'm still buy biased. Therfor i'm showing you my next entry.
Saeed966
Good job
Saeed966
Thanks
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