ricomister

USDZAR Long trading opportunity(short-term) 3

Long
ricomister Updated   
OANDA:USDZAR   U.S. Dollar / South African Rand
I expect a retrace of about 3c-5c at the very least, I have personally opened a long position with the size of R460000 (35000USD), expecting the ZAR to weaken in the short term in next week to 13.45.

Stop Loss is around 13.8, take profit is 14.35, entry price is 14.0
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.