Rand Strength!!
Howdy folks..after a good holiday break,im back now. Lost quite a few trades,but that's part of the game,my risk management still keeps me in.
Okay so i notice a huge HnS developing on the rand. It looks better on the weekly but i will use the daily to make for entry. The yellow zone will be by confirmation zone. I want the daily to break that zone then come back to test it. After testing if i get a satisfactory rejection pattern i get in gunz blazing. (operative word here being 'satisfactory'). My target area would be the the 13.88-14.00 zone, so the risk to reward on this trade could be very lucrative.
So lets monitor that movement,it could happen this coming week.
Okay so i notice a huge HnS developing on the rand. It looks better on the weekly but i will use the daily to make for entry. The yellow zone will be by confirmation zone. I want the daily to break that zone then come back to test it. After testing if i get a satisfactory rejection pattern i get in gunz blazing. (operative word here being 'satisfactory'). My target area would be the the 13.88-14.00 zone, so the risk to reward on this trade could be very lucrative.
So lets monitor that movement,it could happen this coming week.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.