USDZAR@4H – Buy Setup!

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Corrective structure unfolds, once completed, expect motive wave upwards to price levels 15.11733 and 15.25885 respectively.

By Testing the bearish TL and bounce downwards, a Triangle formation shall be developed then.

The R:R ratio in the two targets are 4:1 and 6:1 respectively.

Stay tuned and I will update any confirmed change of the structure!
Commentaire
Structure has been changed .. I managed it to be a break even in this trade, and take it short, up move is coming anyways!

snapshot
Chart PatternsWave Analysis

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