well I see a shorting opportunity on xauusd. Its one of my high probability setups for the week, Simple continuation pattern the market is currently in a corrective phase and if the probabilities are in my favor then the market well have an Impulsive move to the downside.
USDZAR is currently Trading at 13.7462 and I Believe the the market might go back to the 19 dollar mark. Right now the market is at a swing Low and Im Waiting on a sign of a reversal on This market and buy it until the 19 dollar level.
I Know that BTC holders Believe that as the Market Keeps dropping they should buy more BTC but the technicals don't say that. Instead i see a continuation of the bear Market as shown in my market analysis, I See a continuation Pattern which furthers my belief, That this asset might be in a downTrend for While. The market is a game of Probabilities and this is...
USDZar has been dropping over the past few weeks and there now seems to be a change in that. Based on my entry criteria I have found an opportunity to capitalise on the move with an amazing risk to reward.Im planning to keep my risk low when it come to lot size because USDZar can be quite volatile.