USDZAR 16.66500 - 0.41% TREND CONTINUATION PATTENS

Good Day everyone

Here's a look at the USDZAR looking for the continuation patterns or the trend to the downside/ downtrend, the pair has been trading in a descending channel on a downtrend hitting HL & LL as we just hit a swing low upon close this past week.

looking for continuation of this trend on the pair to resistance level 16.33836 since there are no signs of momentum shift to signal reversal or bulls coming into play on the pair. the trade is swing looking forward to seeing where the pair heads this coming week.

lets see how it goes.

Good luck and happy trading everyone


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ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE

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If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT

Yorum:

the above idea is an update of what we had on the pair attached...

İşlem aktif:

Adjust SL / Trail stop & hold Risk free...