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rodriguesths
Sep 18, 2023 1:38 PM

USDZAR sell Short

U.S. Dollar/South African RandFXCM

Description

This sell could print really nice, price is right now trying breakout to the upside. If it fails to break, we could see it retracing back to around 18.15! My trendline was made with the first two tops that price made, giving the idea that price already tried and failed creating a fake breakout early this month.

Will wait for today's candle closure. If below trendline will open a position with stop loss at 19.15.

Trade active

1 order open at 19.00

Trade active

running in profit. will add more positions on the way down. For now, stop loss still at 19.15

Trade active

272pips running in profit. Will close now, wait for pullback somewhere 18.70/18.80 to re-enter.

Trade active

Re-entering here at 18.95
Stoploss close at 19.05

Trade active

Running in profit. Stop at entry. 18.95

Trade active

Running in profit at 18.75! Closing half position and moving stoploss to 19.00

Trade active

Stop loss reached. Will update if new entry is made

Trade closed manually

This trade is no longer valid.
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