peterbokma

USDZAR-SELL strategy 4-hourly chart

Short
FX:USDZAR   U.S. Dollar / South African Rand
The SL was right to have, and reinstating at 19.3100 area, unfortunately was outside on the way and not being able to provide that idea. However, we are starting in a decline mode, but would prefer careful entry at the selected level.

Strategy SELL @ 19.2500-19.3000 when seen again and place SL above 19.4150. Profit order now @ 19.0150 area.


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