Wait for price to break below 12.87 to long #USDZAR

23 May 2017

Before going higher USDZAR may likely break below April's low at 12.87.


----------------------------------------------------------------------------------------------------------------------------------
Trade outlook is about 30 days
Ramesh aka Surefire Trader, is the author of his new book "Trade Forex with Confidence"
to guide readers how to build a profitable trading system using the 10/20/30 Rule.
bit.ly/2novoga

25 May 2017

Not

We got the 12.87 level broken as anticipated. Now I will wait for up candle to close above 12.945 for my entry.

29 May 2017

Not

Getting close for price to close above 12.945 to confirm the reversal and for the impulse move to show up.

30 May 2017

İşlem aktif

6 Haz 2017

Not

The down move is to shake out longs, so don't be discouraged. I will add more positions when candlestick closes above the horizontal line.