USDZAR is likely to further drive down to the 23 fib level....fib level 78.6 has signaled a short move with the instrument having given in to the bears at a resistance zone and pointed to a corrective wave.
please engage with me if you have a different perspective or share the same sentiment.
please engage with me if you have a different perspective or share the same sentiment.
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If you followed this trade you can close half of your positions and book your profits, move your stop losses at entry level(break-even), and hold the remaining, setting your TP to 18.50000...that is at the support at the 0(18.52) fib retracement level.