QUICK ONE! | USDZAR(4H) UNDER THE CYPHER LENS!

Tendency: Temporary Downtrend (Bearish)
Structure: Harmonic | CYPHER
Observation: i. Price appears to be going through a correction move from impulse leg CD.
ii. Completion of Harmonic pattern.
Trading Plan: SELL with a potential TP1 and TP2 @ 14.95000 and 14.80000 respectively (370pips) and SL @ 15.40000/15.50000 zone.
Risk/Reward: 1/1.6
Potential Duration: 1 to 3 days

** Please note that Stop Loss is subject to individual risk appetite per trade and account size.



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