capetinetrader

USDZAR buy activated at CT45LP support.

Long
capetinetrader Updated   
OANDA:USDZAR   U.S. Dollar / South African Rand
It seems as if we have a nice rejection of the daily lows, rooting for price to pullback to at least 50% of ADR. This could be an easy trade if no hiccups were to happen. Trade was triggered off CT45LP M5 timeframe.
Comment:
Intraday buy scalp is at minor minor resistance. Although this may seem premature to PAL ( partial and lock) at current price, my trading belief is that a winning horse never backs down. I can always re enter again. Profits have been secured !
Trade closed: target reached:
Beautiful trade!!
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