Analysis on USDZAR pair, Case 1 and 2.
Base on technical analysis on USDZAR pair (Ascending triangle chart pattern)
we have forecast 2 cases -
1) Retracement
If the trend fail to break the resistance line and stay above the resistance line we expect a retracement to a higher low.
we can make a sell position and target take profit at 14.85000
2) Breakout
If the trend breakout the resistance line and stay on the resistance line, we expect the trend continue upwards and a long position can be place.
Target take profit price at 16.00000
we have forecast 2 cases -
1) Retracement
If the trend fail to break the resistance line and stay above the resistance line we expect a retracement to a higher low.
we can make a sell position and target take profit at 14.85000
2) Breakout
If the trend breakout the resistance line and stay on the resistance line, we expect the trend continue upwards and a long position can be place.
Target take profit price at 16.00000
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.