USDZAR bearish bat pattern in front of weekly supply zone

2018년 7월 2일

USDZAR had rallied more than 2000 pips this year, and it encounter some challenge here for the weekly supply zone at 14.00 fig.
A momentum train fought with the strong supply, which was very fun to watch (not necessary for trading though)

Here we got a little intra-day hourly bearish bat pattern to be the confirmation entry for the weekly supply,
which is a much better set-up to give the short a shot with limited risk!

Also, to short USDZAR is also a pair with very high interest so I don't mind to give the trade a little more rooms;
Still, a reversal sign after it hit 13.96 is necessary for this trade!

Let's see how it goes!