The previous day worked out well, and was close to profit objective. Now we have declined sharply from those highs, and we are now nearing support 18.2950. the stochastic is negative, and the chances of breakdown are great, supported by the indicators and the news of a coalition that is supportive for ZAR.
Strategy SELL @ 18.3150-18.3500 and place SL above 18.4750 and take profit @ 18.0750 for now.
Strategy SELL @ 18.3150-18.3500 and place SL above 18.4750 and take profit @ 18.0750 for now.
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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.