Trading Idea - USD/ZAR, 03-03-2021 | IFCM
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Trading Idea - USD/ZAR, 03-03-2021

Trading Idea - USD/ZAR, 03-03-2021

Trading Signal: USDZAR

OrderBuy
DirectionBullish
PatternDouble bottom and Pennant
Interval1 hour
Length (Candles)121

Idea Summary

USDZAR formed “Double Bottom" and "Pennant” chart patterns. The current forecast is bullish.

Note:
This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.

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