USDZAR SHORT

30 Eyl 2022

Subscribing to the institutional order flow concept, the analysis on a weekly timeframe shows a CHOCH and a BOS. The pair has retraced to the FOB(Black horizontal line at 18 levels). In the interim I will be looking for CHOCH and BOS on the 4hr for entry targeting the 14-15 levels alternatively targeting the 13 levels. Kindly note we hold trades for extended periods.