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MrRenev

USDZAR short term downtrend

Short
U.S. Dollar / South African Rand (FX:USDZAR)  
MrRenev Updated   
FX:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Supply and Demand Wave Analysis fib retrace downtrend USDZAR RAND
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trendanalysis supplyanddemand waveanalysis fib retrace downtrend usdzar rand
The Rand is still refreshing, I think the trend is down.
This looks like possibly a distribution on that 50% retrace.

snapshot
snapshot

A tight stop and high RR is key.

Maybe it will go down, maybe not.
Don't need to be 100% sure.
Trade closed: stop reached:
You win some you lose some, I really didn't care about that one rofl.
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