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peterbokma

USDZAR-SELL strategy 4 hourly

Short
U.S. Dollar / South African Rand (FX:USDZAR)  
peterbokma  
FX:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Technical Indicators Chart Patterns
2
0
trendanalysis indicator chartpattern
The initial idea of SELL 18.49-18.51 only encountered a low near 18.3600. We have since then climbed dramatically whilst GOLD is higher in fact. This is not usual behavior, and the break of 18.6100 area suggest we may see 18.7400 test before down.

Strategy SELL @ 18.6800-18.7100 and place SL above 18.7700. The profit order now placing @ 18.5250.

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peterbokma
USDZAR-SELL strategy 4 hourly
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