Theto_Morifi

USDZAR Short Trade Idea

Short
Theto_Morifi Updated   
OANDA:USDZAR   U.S. Dollar / South African Rand
Could it be possible for ZAR to keep growing stronger against the Dollar? definitely looks like it. Looks like a lovely zig zag
corrective structure is well in heading towards its completion after a major bullish impulse move. I will be looking to
capitalize on the final push towards the end of the fifth wave. Then eventually look for long positions to catch the continuation
of the former bullish trend. Looking forward to seeing this setup play out.

Hope you are having a lovely trading week. Let me know down below what your thoughts on the performance of the ZAR will
be for the weeks to come, I would love to learn a few things from your perspectives.

Targets:

- 13.63600
- 12.93400
Trade active:
Comment:

New positions filled

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