GBP-ZAR - Keylevels - DailyThese are the keylevels on daily for GBP-ZAR, there is still in a bearish trend , and if you want a confirmation, just move on weekly.
Gbpzarshort
W10-11 GBPZAR BEARISH IDEA (HARMONICS PATTERN)The price action has created a harmonic reversal pattern, and it is expected that the price will retrace from the potential reversal zone (PRZ).
Sellers will remain in control below the PRZ. Before forming the harmonic pattern, a bullish divergence was observed at the RSI indicator.
SL & TP Levels are defined.
GBPZAR 22.3725 + 0.36 % SHORT IDEA * TREND CONTINUATION Hello everyone
An idea on the POUND / ZAR pair that has been trading in a descending channel hitting LH & LL heading down with the bears looking for a continuation of this move with the trend, the pair is currently trading at 38.2 % Fibonacci. TARGETING 61.8 % Fibonacci in the coming week.
let's see how it goes
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
