[---] GBPZAR: BRITISH POUND / SOUTH AFRICAN RAND 1H GBPZAR: BRITISH POUND / SOUTH AFRICAN RAND 1Hby ObothlalePublished 2
[SELL] GBPZAR: BRITISH POUND / SOUTH AFRICAN RAND 1H GBPZAR: BRITISH POUND / SOUTH AFRICAN RAND 1HShortby ObothlalePublished 1
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 _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.Shortby PULEMokhothuUpdated 4
Long: GBP/ZARPlacing a long trade here for the day, will close before 22:00 BST today to avoid slippage on the weekend. NFP results are today so trying to stay clear of USD Not many technicals really line up on the 1HR for a long or short, however, the candles indicate uncertainty and the price history indicated it may long within the support/resistance. 4HR indicate the potential for an up-swing, candles are sitting on resistance, MACD & signal line are crossing and the K% & D% in the stochastic oscillator are crossing in the momentum zone.Longby JD_FXUpdated 0
GBPZAR: BRITISH POUND / SOUTH AFRICAN RAND H1GBPZAR: BRITISH POUND / SOUTH AFRICAN RAND H1Longby SparkBridgeAssociatesPublished 1
symetrical triangle break downConfirmed break and retest of this triangle on the 4 HR, lower blue box is the final target/measured move. -NickShortby Nick1upTradingPublished 1
Long: GBP/ZARLooks like the price may be reversing after a sell-off Stochastic oscillator is suggesting the market is oversold MACD & signal line crossing to indicating a price reversal Histogram on MACD is showing buying volume coming into the market Price is currently sat a support line 4hour chart indicated the same as the above Longby JD_FXUpdated 0
Short: GBP/ZARContinuation of the downtrend Candles have been uncertain overnight and now indicating volume coming in possible bearish reversal candles and clear confusion whilst side trendingShortby JD_FXPublished 0
GBPZAR: BRITISH POUND / SOUTH AFRICAN RAND 1HGBPZAR: BRITISH POUND / SOUTH AFRICAN RAND 1HShortby SparkBridgeAssociatesPublished 0
GBPZAR: BRITISH POUND / SOUTH AFRICAN RAND 1HGBPZAR: BRITISH POUND / SOUTH AFRICAN RAND 1HShortby ObothlalePublished 0