USDZAR
I have been waiting to see how price will react to the 14.00 level. Now a candle has pinned the level signalling the bears.
Entered a short at market price @13.93618 with:
*Stop loss above the wick where I feel this setup would become invalidated @ 14.10325
*Take profit placed at the support of the swing low to the left @ 13.65440
Don't bet the farm, always exercise good risk management
I have been waiting to see how price will react to the 14.00 level. Now a candle has pinned the level signalling the bears.
Entered a short at market price @13.93618 with:
*Stop loss above the wick where I feel this setup would become invalidated @ 14.10325
*Take profit placed at the support of the swing low to the left @ 13.65440
Don't bet the farm, always exercise good risk management
Trade closed: target reached