USDZAR bullish wedge

There is possible bullish wedge here. It's not the best one but there are many good characteristics of a wedge. I am going to play it safe and will wait a bit more before i will get in. I want to see it go towards the support line one more time and see it get find some support there. Then i will get in with half a position and make the position complete after the breakout.

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We rallied a bit sooner than i though on Friday, but have dropped back down again. Seems like a good level to get in with the first half. I will keep waiting for the second half.

Commentaire:

Still following the wedge pattern here, i am still waiting for my second half for the breakout of that wedge.