USDZAR short

٢٥ أغسطس ٢٠١٩

Price is rejecting the supply zone for a 5th time and also rejecting the top resistance line of the triangle pattern. Stops above the supply zone and target is a little lofty but going with the triangle turning into a descending channel. Tutes are short. Ill take my chances.Ill close half the position at the lower triangle support line and move stop to B/E for the remaining position to run down to potential channel support line.