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PeanutButter
May 20, 2020 10:35 PM

USDZAR Yearly Structure OHLC ( Long Term Sells)  Short

U.S. Dollar/South African RandFXCM

Description

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USDZAR

Monthly
Price Has opened High since the beginning of this year with May finally creating a “potential” high. If price closes bearish this month we tanking down . Also a huge bearish divergence starting all the way from the 1st of February 2016 till May 2020 ... perfect indication we going down . Waiting on extra confirmation for proper sell entries.

WEEKLY
Earlier today we had what seemed to be a bullish divergence which later got corrected with a huge bearish move breaking below our fib zone confirming the presence of Bears in markets. Price can still push going down .. waiting for extra confirms for sells .
FX:USDZAR WEEKLY TAKE PROFIT IF U SELL 17.41398
DAILY
Price is trending bearish due to the breakout .. wait for OHLC in H4 for entries in m15.. Patience 🔥🔥🔥

WEEKLY TAKE PROFIT IF U SELL 17.41398

🔥🔥🔥 Patience 🔥🔥🔥

Trade active

Trade active

PREVIOUS WEEKLY TAKE PROFIT DONE. NEW DAILY TAKE PROFIT 17.12589

Trade closed: target reached

Move sl 15.89593.. Enjoy
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