Art-of-FX
Long

USDZAR Longs (continued) Expanding bottom?

FX_IDC:USDZAR   U.S. Dollar / South African Rand
This chart still has the same parameters of my UZar trade in the last weeks. Since we took profit on that chart I decided to post another chart of the same trade, this morning things got to bottom of support so I decided to jump back in. The previous trades stop would never have been hit had we remained in the trade however i prefer to take profit when possible. I have the same upside target with a first target around 12.6-7 area. Possible expanding bottom here with overthrow, I couldnt resist.
Morning.
This is my first post here so hello from me. I am fairly new to FOREX and working through some strategies. One of my signal popped up as a buy on the USD/ZAR last night, so I am long at 12.53141 and looking ok a the moment , although this is on a daily chart signal I do expect some noise. Stop is at 12.45047. I see you have a target of 12.6-7 , interested on how you get that Target if you would be so kind.

Thanks and hello.
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