mrsceleste

USD/ZAR Short Opportunity and NEW $19 USDZAR SUBSCRIPTION ZONE

Short
mrsceleste Updated   
FX_IDC:USDZAR   U.S. Dollar / South African Rand
Please refer to the idea linked below for study as it relates to this idea.
This idea is for demonstration and educational purposes and does not constitute a signal to sell. We see strong wick rejection at a key level and also the 200 MA serving as possible dynamic resistance. We do know that for the past three weeks we have seen bullish momentum building. We do see that we have wick exhaustion building for at least a short term drop . This sell opportunity may hence not be very long. We must study price action at key levels as noted to see how we should respond.

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Get instant analysis and chats with me on USDZAR and gain insights to have early opportunity for higher reward set ups. You will also have study information to help you to know which zones to watch for your entries. My chats have fundamental and technical analysis and also key zone and key level analysis, To learn more and subscribe visit www.celestefrederick...bscriberszone/usdzar
Trade closed manually:
price is sitting on major support. I am taking my profits now and will consider another entry later. Profits are always great to have and keep.
Comment:
If you rode the trade out until the end or after the re-test (very short buy opportunity) entered for the sell again be sure to protect your profits or better yet close out. Congratulations!
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