peterbokma

USDZAR-SELL strategy 4-hourly chart

Short
FX:USDZAR   U.S. Dollar / South African Rand
The pair has touched the suggested SL level, and for that reason we have to enter little higher. We are supported by GANN level 19.0450 now, but stochastic is high, which means overall we will move lower in time. we remain keeping stops tight. The false bull flag pattern has changed slightly in its upper and lower band.

Strategy SELL @ 19.0850-19.1150 and place SL above 19.1675.

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