USDZAR Straddle

63
Continued USD strength will see a test of 17.00

In the meantime;

Buying here requires a stop loss below 15.50 or 15.00
So rather sell 16.15 and reverse above 16.36

TP1 15.65 for 1.7:1 reward:risk
TP2 14.66 for 3.8:1 reward:risk

In reversal moves into 16.93 give 2:1 reward:risk
Note
TP1 @ 15.65 hit
Trade closed manually
Balance closed at 15.71

Scenario still valid. May re-enter later
15.50 an important level

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