USDZAR-SELL strategy 4-hourly chart
The pair held the previously stated 18.4350 support area, and the support of the channel lies @ 18.5400.
The stochastic is high, and RSI is overbought, but both are POS still. I feel the conditions may lead to higher levels, and the strategy suggested is as follows
Strategy SELL @ 18.85-18.9000 area and place financial stop. Profit order near channel support @ 18.5400 or at the time with latest support level.
Note: am away for 10 days and will not update often due to travel.
The stochastic is high, and RSI is overbought, but both are POS still. I feel the conditions may lead to higher levels, and the strategy suggested is as follows
Strategy SELL @ 18.85-18.9000 area and place financial stop. Profit order near channel support @ 18.5400 or at the time with latest support level.
Note: am away for 10 days and will not update often due to travel.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.