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ICFX
22 de May. de 2018 21:12

USDZAR 50 % retracement completed Largo

U.S. Dollar/South African RandFXCM

Descripción

USDZAR is in global uptrend. But no instrument moves in straight lines. What we have witnessed was 50 % retracement and now its forming a clear fry pan bottom (also called Bump and run reversal bottom in Bulkowski's encyclopedia of Chart patterns) reversal pattern, right above 50 % global trend fibonacci level. Pring´s KST confirms the reversal.

Operación cerrada: objetivo alcanzado

Comentarios
No_structure
target 8.5 long term. Dollar will decline in the coming years. Wrong.
ICFX
@No_structure, Came true...You were wrong yourself.
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