USDZAR has been moving in a downtrend due to the weakness of US dollar.
MArket has been retracing the 0.5 fib level, then break and retest he 0.382 and now is testing the daily structure for a new recent low.
If the market will manage to break and close below the structure we can set at the retest of it a nice short order according with our strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
MArket has been retracing the 0.5 fib level, then break and retest he 0.382 and now is testing the daily structure for a new recent low.
If the market will manage to break and close below the structure we can set at the retest of it a nice short order according with our strategy.
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.