TradingView
InkyGrip
Jan 7, 2021 7:41 AM

USDZAR bounced over a monthly support 🦐 Long

U.S. Dollar / South African RandFOREX.com

Description

USDZAR after the long dowtrend reaches a monthly support.
The price bounced sharply and create a nice impulse.
Now the price is consolidating below a minor resistance and if the price will break above we can consider a nice long position.

––––
Follow the Shrimp 🦐

Keep in mind.

• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.


Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.

Comment

Nice run! As expected

Comment

price got rejected by the monthly resistance

Comment

Nice bullish run!

Comment

another impulse and retest

Comment

waiting for the break above for a new leg
Comments
Dave-FX-Hunter
Hell Yeah !!
InkyGrip
@DaweFXHunter, 🚀🚀🚀🚀🚀
Fisher_Fx
love this set up mate
InkyGrip
@Fisher_Fx, 🥇🥇 number 1
ProSignalsFx
I like your analysis!
InkyGrip
@MountainTraderFX, many thanks my friend
jojofang0901
possible to continue :) thankyou
InkyGrip
@jojofang0901, appreciate your vision mate
TheSignalyst
fantastic job as usual! i will be watching this one too!
InkyGrip
@TheSignalyst, thanks bro! 🚀
More