USD vs ZAR (South African Rand)

what an amazing and parabolic run … overall I see it correcting into the pattern on the weekly but am going to have to watch the most recent swing action (the big candle from Friday) to see where it goes next.

note the corrective move (orange dashed line) that lines up exactly w/ the projection … right now, that will be the best place (IMHO) to get long the USD vs ZAR. However, nothing IMMEDIATE from a pattern perspective as far as I can see.

hope this helps Jeremy and thanks for the questions and following the blog ….

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Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

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