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jojofang0901

USDZAR Wait for bullish continuation to get in the buy

Long
U.S. Dollar / South African Rand (OANDA:USDZAR)  
jojofang0901 Updated   
OANDA:USDZAR   U.S. Dollar / South African Rand
Chart Patterns Parallel Channel Flag priceaction structure pattern impulse correction Wedge
17
11
chartpattern parallelchannel flagpattern priceaction structure pattern impulse correction wedgepattern

Hello everyone:

Few USD pairs have picked up some momentum, and USDZAR certainly is shaping up for the continuation.

Latest price shows us a descending channel reversal, and we see a LTF bullish impulse, breaking out.

The confirmation here would be to wait for a continuation correction on the LTF for entry to the next swings high area as a potential target.

Thank you

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