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peterbokma

USDZAR-SELL strategy 4-hourly chart

Short
U.S. Dollar / South African Rand (FX:USDZAR)  
peterbokma  
FX:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
the pair is trying to maintain the 19.00s but feel we still have a chance for lower. The triangle break will determine where we will go, but judging stochastic, I feel south still possible, but keeping SL very tight in case wrong.

strategy SELL @ 19.0100-19.0500 and place SL above 19.0975 for now. Profit order @ 18.7350.
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