USDZAR BUY - ZA ECONOMY COLLAPSE

USD/ZAROANDA

Description

⋅ Jul 15, 2021 9:59 AM

The only way South African's can benefit from the havoc we are facing is by longing USDZAR.

Zones are marked. Enter during NY session. USD strength will come in.

Enjoy, swing to the upside R20+, take partials at R15, R15.55.

Comment

⋅ Jul 16, 2021 1:29 PM

Panning out as predicted, have patience, bullish confirmations are needed before scaling in

Comments

MatthewT94

⋅ Jul 15, 2021 12:22 PM

thats not a head and shoulder pattern forming... a head and shoulder would signal the bullish run will be over as we move to the downside....

rushnft

⋅ Jul 16, 2021 9:01 AM

@MatthewT94, Sorry?

sbohcele52

⋅ Jul 21, 2021 8:54 AM

Nice set-up, thank you.

LawalAbdulwahabTolulope

⋅ Jul 17, 2021 12:45 PM

In my experience larger tfs are always incharge

LawalAbdulwahabTolulope

⋅ Jul 17, 2021 12:40 PM

The inv. head and shoulders is present on daily chart and had broken neckline and retestested

simonnambuli

⋅ Jul 16, 2021 10:06 AM

or it will drop up to 14.2000? any one?

rushnft

⋅ Jul 16, 2021 1:27 PM

@simonnambuli, Seems like it's rejecting however I have buy limits at 14.20

rushnft

⋅ Jul 16, 2021 1:28 PM

@lordmdl, Worst case buy stop at 14.55,14.60

simonnambuli

⋅ Jul 16, 2021 10:06 AM

so it will move up to 14.50... soon??