Hope everyone is having a good week in the markets and a beautiful day ahead.
Here's a look at the USDZAR from the 4H chart * The pair is currently trading in a Symmetrical triangles which occur when a security's price is consolidating * The pair has touched the roof of structure twice and saw a rejection acting as a resistance level. * The symmetrical structure pattern has been respected, looking for a break above o structure to signal continuation with the bulls
*^ A break below of structure changes The trading plan. * follow your entry rules on entries * significant moves with the bears change the plan.
lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.