USDZAR BUY/LONG 1:12 PROBABILITY
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Reason for taking trade:
* b wave of the corrective structure required (sharp move similar to a wave)
* FVG has been mitigated 17.164
* 4 HR engulfing candle
* MACD divergence from 1HR to Daily TF
* Equal Highs at the top indicating liquidity
* 1:12 Probability trade
Strategy: Entry at the mitigation of the 4HR candle
Entry: 17.22 or current market price
Stop Loss:17.0430
Take Profit: 19.490 (GAP)
Reason for taking trade:
* b wave of the corrective structure required (sharp move similar to a wave)
* FVG has been mitigated 17.164
* 4 HR engulfing candle
* MACD divergence from 1HR to Daily TF
* Equal Highs at the top indicating liquidity
* 1:12 Probability trade
Strategy: Entry at the mitigation of the 4HR candle
Entry: 17.22 or current market price
Stop Loss:17.0430
Take Profit: 19.490 (GAP)
Trade active
The trade is active. Move stops to break even
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