USDZAR STILL IN SUPPORT AREA!
As expected, the USDZAR H4 trendline appears to be breaking out, but the candlestick is still playing on the trendline, which might be a fakeout, and it is also still in the support region, where we can still make buy inputs.
Entry Point: 18.628
Stop Loss: 18.575 (53 pips)
Take Profit 1:18.728 (100 pips)
Take Profit 2: 19.028 (400 pips)
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Entry Point: 18.628
Stop Loss: 18.575 (53 pips)
Take Profit 1:18.728 (100 pips)
Take Profit 2: 19.028 (400 pips)
If you leave a comment with a chart, I will analyse it for you.
Please stay tuned for additional analysis.
Penafian
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