USD/ZAR Trading Analysis (22/10/2024)
The trend is ascending. The downtrend wave structure is truncated. The currency pair is trading in a range between 365 and 135 ЕМА. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals a bullish divergence.
Trading idea:
- Buy at the beginning of the formation of the ascending wave structure, when …