Wait for price to break below 12.87 to long #USDZAR

Before going higher USDZAR may likely break below April's low at 12.87.


----------------------------------------------------------------------------------------------------------------------------------
Trade outlook is about 30 days
Ramesh aka Surefire Trader, is the author of his new book "Trade Forex with Confidence"
to guide readers how to build a profitable trading system using the 10/20/30 Rule.
bit.ly/2novoga

Commento:

We got the 12.87 level broken as anticipated. Now I will wait for up candle to close above 12.945 for my entry.

Commento:

Getting close for price to close above 12.945 to confirm the reversal and for the impulse move to show up.

Trade attivo

Commento:

The down move is to shake out longs, so don't be discouraged. I will add more positions when candlestick closes above the horizontal line.