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SergeantPringles
May 8, 2016 4:30 PM

ZARJPY - 1D - Sharkpattern inside consolidation Long

South African Rand/Japanese YenFXCM

Description

Very much the same setup as my USDZAR setup (link below). just pick what u like more or trade both with half a position(what is what i will be doing) if opening is good.
after the breakdown last year, this year ZARJPY has now been consolidating. we now retest the lower parts of this consolidation again entering the PRZ of the shark pattern that has formed. we saw good rejection after that, forming a pinbar and now im looking to trade this upwards again.
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