ZAR/JPY is bearish at 4h chart!!! Short

South African Rand/Japanese YenFXCM

Description

⋅ Nov 23, 2018 8:45 PM

I see a bearish rising wedge and divergences on histogram for Zar/Jpy.

You can sell Zar/Jpy now or you can wait for an inclined support of rising wedge to be broken.

Profit Targets:
8,0
7,81

**If the support of wedge is broken, our ultimate profit target will be 7,1.

Rising wedge example:
i.investopedia.com/image/jpeg/1516226233706/chart_patterns30.jpg

Stoploss:
8.4

Trade with less leverage(5x,10x) , this is a long term trade.

Have a nice day,

Berk

Trade closed: target reached

⋅ Dec 18, 2018 8:52 PM

2nd target reached, congrats to all who traded with us.

Hope to see you in next trades :)

Trade closed: target reached

⋅ Jan 5, 2019 12:09 PM

Our ultimate target reached(7,1) which is around %20 profit without leverage, congrats to all who traded with us, hope to see you in next trades :)