masterkeytrading

Backtest USDZAR 3/13/19 12:00 pm

Long
FX:USDZAR   U.S. Dollar / South African Rand
  • Last daily candle failed to make a bearish variation and closed a bullish candle with bottom wick
  • H4 structure consolidating but up-trending overall, found support @ random line resistance
  • H1 structure uptrending
  • Valid m15 BOS did not come the first tested candle but closed afterwards, H4 formed a HL,
    Confluence Random line supp, 61.8, Daily MA, H1 trendline

    Risk: Need more risk because H4 is consolidating
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