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taftrader

Another Bullish trade in a Descending Triangle

Long
U.S. Dollar / South African Rand (FX:USDZAR)  
taftrader Updated   
FX:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Chart Patterns Technical Indicators
6
1
trendanalysis chartpattern indicator
The bottom boundary of the descending triangle seems to have a lot of bulls defending it. If my thesis is right we should see this coming week be a bullish one. This coincides with the bullish weekly view i have on DXY.

Entry: 14.5056
SL: 14.3887
TP: 14.7990
RR: 1.87


Trade closed: stop reached:
Stopped out

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taftrader
The triangle broke and we got stopped
taftrader
Bullish trade in a Descending Triangle!
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