olly_price
Short

USDZAR bearish cypher pattern enter now

FX_IDC:USDZAR   US DOLLAR / RAND
9 months ago
Bearish cypher to enter now.

Strong bearish divergence on the RSI .

Profit target is based on Fibonacci levels and is 15.44830 as an initial target and then 15.29297 as a second target.

Stop loss is based on previous structure, which isn't great for this trade.
9 months ago
Trade closed: stop reached
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