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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 did not move lower as yet, and my BUY suggestion never reached. Of course, GOLD is weakening, but remember, we move with the pair ahead of time. This should be of concern, and therefore, we may see a pullback again

The stochastic is high, and shows overbought signs.

Strategy SELL @ 18.8500-18.8800 and place SL above 18.9450. Profit order @ 18.6150.
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