USDZAR 17.13930 - 0.69 % SHORT IDEA * TREND CONTINUATION
Good Day Everyone
A look at the DOLLAR / ZAR that has been trading in a descending channel hitting LH, LL looking for a continuation of the trend with the bears on the pair in the coming week looking for a break below support level 17.07766 trading below this level will trigger the trade and we'll be short on the pair.
we'll see how it goes...
HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 16.95705
TP 2 - 16.71227
SL - 17.34574
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
A look at the DOLLAR / ZAR that has been trading in a descending channel hitting LH, LL looking for a continuation of the trend with the bears on the pair in the coming week looking for a break below support level 17.07766 trading below this level will trigger the trade and we'll be short on the pair.
we'll see how it goes...
HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 16.95705
TP 2 - 16.71227
SL - 17.34574
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Trade closed: target reached
🔵 Target 1 successful🔵 Target 2 Successful
Related publications
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.
Related publications
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.