As anticipated last week, USDZAR did go for a trendline retest, gave us a rejection, we made an entry and held. This is the progress now. Profits have been locked in order to have a risk-free trade.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Trade at your own risk.
#Trade_Like_A_Magnate
The original idea was posted yesterday.
*Disclaimer*
This is not financial advice. Forex trading is risky. Trade at your own risk.
#Trade_Like_A_Magnate
Potential bullish move for this pair. A falling wedge formed and is indicating a an up trend after the we saw a bearish impulse move. Together with the latest lockdown restrictions in South Africa.
