USDZAR- SELL strategy 4-hourly
The pair has climbed during my trip, and did much better than expected. We have seen highs near 19.00 even, and declined towards 18.8200 area.
The stochastic is negative, and we are within a larger falls bull flag and we are moving within a large ascending wedge.
Strategy is SELL near 18.9000-18.9500 but SL should be above 19.0750 if one manages this far out. Profit order I think near 18.5450 and beaqring in mind support near 18.7600 for now.
The stochastic is negative, and we are within a larger falls bull flag and we are moving within a large ascending wedge.
Strategy is SELL near 18.9000-18.9500 but SL should be above 19.0750 if one manages this far out. Profit order I think near 18.5450 and beaqring in mind support near 18.7600 for now.
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