Trade Setup: USD/ZAR Short

This pair seems to be overbought on the stochastics right around the top of a downward trend. Additionally, it appears to be getting repelled by the cloud. I’m looking for a move at least back down to the weekly pivot.

UPDATE: I’m in at 14.55360.
UPDATE: Well, my target was hit, but instead of sticking to the plan I moved my stop down and ended up stopping out at 14.2564. Still a decent profit, but I shouldn’t have gotten greedy!

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