Get started
peterbokma

USDZAR-SELL strategy 4 hourly chart update

Short
U.S. Dollar / South African Rand (FX:USDZAR)  
peterbokma Updated   
FX:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Technical Indicators Chart Patterns
9
0
trendanalysis indicator chartpattern
The pair has moved towards the expected level, and now some caution and a SELL strategy may be the next on the cards.

Stochastic is becoming high, but positive still.

Strategy SELL @ 18.9650 - 19.0100 and place SL @ 19.0575 and take profit @ 18.7450.
Comment:
I moved SL above 19.1125 form now.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.