USDZAR yet to provide an opportunity to join the bulls
Long term trend looks to be up and I'll be hoping to join the bulls at the level here my stop loss will be logical at.
as for noe I am assuming that a further correction down can be expected to form a zig zag type of a correction as wave two, which is a common type of correction for wave 2.
For now the analysis remain valid until price breaks the lows that is when I can consider a different pattern.
as for noe I am assuming that a further correction down can be expected to form a zig zag type of a correction as wave two, which is a common type of correction for wave 2.
For now the analysis remain valid until price breaks the lows that is when I can consider a different pattern.
Comment:
I have to patch a shoulder here because the plan is going as planned.