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USDZAR Short position rising wedge

Short
U.S. Dollar / South African Rand (FOREXCOM:USDZAR)  
Wowmuhcharts Updated   
FOREXCOM:USDZAR   U.S. Dollar / South African Rand
Trend Analysis USDZAR usdzarshort
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trendanalysis usdzar usdzarshort
Easy. Can see the rising wedge. Looks like we are about to break the support. Target will be the black line underneath. This is a mid term target. Will wait for a 4 hour candle to close underneath the support zone before going short.


Trade active:
snapshot

Broke out of the rising wedge.

Target has been stated.
Trade active:
snapshot

re-tested supply zone. Bearish divergence. Should be on our way down to the target.
Big ooft
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