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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
3
0
trendanalysis chartpattern indicator
The pair did move higher as expected, the fun would be if one managed to get long of course. Now we are at the higher end again, and it feels we may start toppling a bit coupled with stable GOLD likely to settle where it currently is now.

Stochastic is negative as well and helps to idea.

Strategy SELL @ 18.7250-18.7800 and place SL above 18.8950. Profit order @ 18.4950.
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