Basane

USDZAR Analysis

Long
Basane Updated   
FX:USDZAR   U.S. Dollar / South African Rand
We had bearish momemtum on the weekly chart USDZAR

Formation of flag pattern
Break of the flag pattern
We will now wait for retest of break and buy to the upside

TP1@ 14.68573
TP2@ 14.82020
TP3@ 14.9522
Comment:
Retest of breakout is currently happening. Time to look for buys at end of the exhaustion.
Comment:
USDZAR IS ON THE MOVE. IF YOU ARE IN ON THE TRADE YOU SHOULD BE SMILING
Comment:
DONE AND DUSTED

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