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Big_Player
Aug 12, 2020 1:20 PM

NEXT SETUP Long

U.S. Dollar / South African RandFOREX.com

Description

After creating a demand area, we clearly see that the market has come back for a retest on that area, which means we need to start looking for longing opportunities. It is also very important to note that following the COT Data, Big institutions are closing their longs and opening shorts on the ZAR. If on the lower time frame H4 we are going to see a shift from a bearish movement to a bullish movement, then we are going to take the trade with a very good reward to the upside.
Comments
Big_Player


Only if we see this happening we can take the trade, with a good risk reward
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