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ProjectSyndicate
Apr 27, 2023 10:55 AM

usdzar h8 c*h setup strong upside buy/hold setup Long

U.S. Dollar/South African RandFXCM

Description

🔸Hello guys, let's review the 8 hour chart for USDZAR today. Speculative C&H setup in
progress. right now pullback/correction mode until mid may 2023.

🔸Price fractal is defined by cup structure (completed already), and the handle pattern.
handle pullback/correction in progress now. will complete later near 17.80.

🔸Recommended strategy for USDZAR bulls. Buy/hold after pullback completes near
17.80. conservative TP bulls is 19/20, although this may extend a lot higher beyond 20.00.

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Comments
pejman_zwin
Thanks for sharing this. It might be possible.💪
InkyGrip
I think USDZAR is bullish yet. but lets see
henrykoh751
gg droup
DAY_PROFITS
Definitely a good Idea to Go Long here mate! Same view.
SpartaBTC
Bowl and Handle Formation , the potential is quite good. Watching the trend.
JoeChampion
Great idea mate!
melikatrader94
Thank you for sharing your analysis. Great job
LegionQ8
Very detailed south african rand overview, thanks pal
KABHI_FOREX_TRADING
Amazing analysis, Good work bro
DeGRAM
Thank you. Great job
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