USDZAR-BUY strategy 4-hourly chart Heikin Ashi

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The daily chart dominates, as noted yesterday that there was downside potential. Now we have moved beyond the suggested buy levels yesterday, but nothing has changed. we are oversold, and low stochastic levels, and the chance GOLD may retreat, poses upside risks.

The Heikin Ashi is not confirming yet a turnaround as a note.

Strategy BUY @ 18.0850-18.1200 and place SL according to risk appetite and profit order @ 18.3150 for now. one may already be long, so add based on the strategy if one is able too.

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