Hi fellows, Watch top for short. It is rising correctively s i am looking for one more leg down.
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Watch flag completion and then breakout.
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Flag is about to complete watch breakout.
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Those who are in sell give it some time. If couple of candles go beyond the trend line that does not mean we have change in structure. Currently we are having strength on DXY so thats why USDZAR is rising slightly.
Is there any Direct correlation between USDZAR and GOLD that You are aware of ? I notice that Price goes always in opposite Direction. anycomments ?
mdun8900
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Hi Wave-Trader - would you be able to give an update on this pair? I shorted under TL within the corrective flag, although it has now broken above. Do you think there is still one more leg down or has the structure changed? Thanks!!
volkankesici
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Is this a wrong side breakout?
Wave-Trader
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@volkankesici, give it some time mate Currently DXY is moving
SyedTariqHussainShah
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I'm already in from peak .and also taking 2nd entry.