Retrospective of Technical Analysis EURZAR From 2019-05-27

The South African Central Bank may cut the rate at its next meeting in July

Buy stop	16,3
Take profit	16,96
Return on Investment	+4%
Overview date	2019-05-27
Date of the closing position	from 2019-06-07

The chart shows the real change of quotations after the publication of technical analysis on 2019-05-27. The pending order from this analysis was executed and the position was opened. Next, we shall move the stop to the next fractal low following the Bollinger Bands and Parabolic SAR signals at the 4-hour charts. Thus, we are changing the potential profit/loss to the breakeven point. The position shall be closed when the price meets the Bollinger bands, the Parabolic SAR, the trend line and the fractal indicator.