USDZAR had rallied more than 2000 pips this year, and it encounter some challenge here for the weekly supply zone at 14.00 fig.
A momentum train fought with the strong supply, which was very fun to watch (not necessary for trading though)
Here we got a little intra-day hourly bearish bat pattern to be the confirmation entry for the weekly supply,
which is a much better set-up to give the short a shot with limited risk!
Also, to short USDZAR is also a pair with very high interest so I don't mind to give the trade a little more rooms;
Still, a reversal sign after it hit 13.96 is necessary for this trade!
Let's see how it goes!
A momentum train fought with the strong supply, which was very fun to watch (not necessary for trading though)
Here we got a little intra-day hourly bearish bat pattern to be the confirmation entry for the weekly supply,
which is a much better set-up to give the short a shot with limited risk!
Also, to short USDZAR is also a pair with very high interest so I don't mind to give the trade a little more rooms;
Still, a reversal sign after it hit 13.96 is necessary for this trade!
Let's see how it goes!
