USDZAR-BUY strategy 12 hourly chart Heikin Ashi

175
The pair has continued lower, even though oversold. As stated there was never a positive confirmation, and the same applies today. I still view the oversold state as important, and we should see good recovery. I was traveling, and happy I did.

Strategy BUY @ 17.0500-17.1000 and take profit @ 17.4350 first time up. SL based on personal risk appetite.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.