NullForex

USD/ZAR - Bullish Forecast to 18s and beyond

Long
FX:USDZAR   U.S. Dollar / South African Rand
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1
Originally had potential shorts for this pair but you can see clearly that the price created a double bottom inside DEMAND and a strong bullish reaction out of the high TF trend line . Expecting a minor pull back from the minor supply that should create enough accumulation to pull it back into demand (must be wicked or quick reaction) to fill our entry to initiate our longs to the weekly range fill (and beyond!).


Price is never perfect but this is the kind of reaction that I am looking for.

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