moorekapital

USDZAR__Daily: CPB Short

Short
FX:USDZAR   U.S. Dollar / South African Rand
DAILY:
Complex Pullback to a well organised downtrend.
My approach is to look for a simple reward, twice the risk, and then wait for another setup or signal.

WEEKLY:
The established trend was to the upside, but technically now, I see a possible loss of buying pressure.
I think that he probability favours a downtrend going forward.
I shall look for valid setups on daily to short it.




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