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peterbokma
Feb 5, 2024 8:38 AM

USDZAR-SELL strategy 4-hourlly chart Short

U.S. Dollar/South African RandFXCM

Description

The pair has moved higher, and GOLD moved lower, in tandem. Now we have reached nice sell levels again, with high stochastic as well. We also have a false bull flag pattern, suggesting we should see lower again.

Strategy SEL @ 18.9450-19.0100 and place SL above 19.0650 and take profit @ 18.7550.
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