USDZAR 14.96170 + 0.24 % LONG IDEA * REVERSAL PATTERNS,BREAKOUT

HEY EVERYONE

HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
NEW WEEK, NEW OPPORTUNITIES.
LOOKING AT THE DOLLAR / ZAR

* The PAIR has been trading in a descending channel just tested the BASE of this structure ENTERING a range as we see momentum to the down side slow down somewhat.
- Short term the pair is currently rejecting at this structure possibly signaling a change in momentum on the 4h chart this,the delay at this level might just be the signal that we might be changing direction towards the bulls..
- Looking for long entries on the THE DOLLAR ZAR this week should all the rules of the formation be met.

LOOKING FOR A BREAKOUT ON LOWER TIME-FRAMES AND POSSIBLY SIGNS OF BULLISH MOMENTUM

lets see how it goes


IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE

Trade attivo:

WE BROKE BELOW OF STRUCTURE REACTIVELY LOOKING FOR SHORT ENTRIES