olly_price
Long

Perfect ascending triangle on South African rand

FX_IDC:ZARGBP   RAND / POUND STERLING
6 perfect hit points on both support and resistance for this ascending triangle .

I will buy a break to the upside, with profit targets based on previous structure support . I define a break here as a close above the resistance (although this does change slightly from chart to chart, depending on a number of factors).

Zoom out to view more profit targets from structure (0.0471 and 0.0474).
Comment: There it goes.
Trade closed: stop reached: Got so close.
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