USDZAR-BUY strategy 8-hourly chart Heikin Ashi
The pair continues southward, and this was aided by increase of GOLD price. There is no confirmation as yet for the correction to set-in, but nevertheless, we are oversold quite extreme, and as always it is difficult to select the BUY entry levels. I felt much earlier to try, but keeping SL in place all the time.
For now strategy no change and BUY @ 17.8200-17.8800 or add to positions, if not stopped out. SL as always based on your own risk parameters. I see profit levels around 18.2150.
For now strategy no change and BUY @ 17.8200-17.8800 or add to positions, if not stopped out. SL as always based on your own risk parameters. I see profit levels around 18.2150.
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