CHF/ZAR Update
If you followed the trade idea I posted on my TradingView on 11-20-18 (tradingview.com/chart/CHFZAR/yQIwN9KR-CHF-ZAR-Short-Idea/), we see how we have progressed. As charted, we hit TP. Hopefully you took your profits as noted on December 4, 2018. The reversal did occur as expected and we saw a series of impulsive moves and corrections (see current flag). Be sure your profits are protected. Although I anticipate another push to the upside, it does not have to continue. Please note all ideas are simply ideas. Exotic pairs especially are extremely volatile. Trade at your own risk and always, always always exercise proper risk management. Happy New Year to all! 2019 will be a great year!
If you followed the trade idea I posted on my TradingView on 11-20-18 (tradingview.com/chart/CHFZAR/yQIwN9KR-CHF-ZAR-Short-Idea/), we see how we have progressed. As charted, we hit TP. Hopefully you took your profits as noted on December 4, 2018. The reversal did occur as expected and we saw a series of impulsive moves and corrections (see current flag). Be sure your profits are protected. Although I anticipate another push to the upside, it does not have to continue. Please note all ideas are simply ideas. Exotic pairs especially are extremely volatile. Trade at your own risk and always, always always exercise proper risk management. Happy New Year to all! 2019 will be a great year!
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