I am long USD/ZAR from 7.71 with targets of 8.0 and 8.4. Stops can be placed below 7.5
5/5 stars (1 votes)
Guys, the chart in the report is a 4 hour chart.
First targets achieved on long trade. Booked profits on 50% position size at 8.0. This trade is risk free now.
Moving stops to 7.95 to lock in additional profits. Trade working well. We mayget to our 2nd targets this week.
I am booking profits in the remaining USD/ZAR longs at 8.273. Looks like a pullback in risk is due.