USDZAR -The Bearish Count Short

U.S. Dollar/South African RandFXCM

Description

⋅ Apr 1, 2019 9:49 AM

There are always both a Bull and a Bear Count running concurrently until 1 is invalidated. This is starting to lean more towards the bearish side now, i expect a retrace to 14.54 before any further downside. Strong Resistance at those levels

Comments

Eren_Jaeger_Trader

⋅ Apr 2, 2019 11:50 AM

Nice spot i'm in this position too here:

Fundamentals were heavily in favour of this short which is nice