GBPZAR [BEARISH CONFIRMATION]With the upcoming election in Uk, Pound seems to be getting bearish with its slightly crumbling economy as the data displayed yesterday and with the topic of interest cuts expected to boost its economy. Pound might get bearish against Rand.by UnknownUnicorn5229498Published 4
Emerging bearish 3-drive pattern as reversalexpecting one more low before going upLongby andile2948Published 9
GBPZAR DAILY CHARTThis is daily quasimodo set up which works like nature law. price gonna move down to those take profit target in coming weeks. this is advance part of quasimodo called fake out zone strategy Shortby dammy2020Published 3
Analysis on GBPZAR 1.11.2019The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 19.7000 • Take Profit Level: 20.0000 (3000 pips) If the price rebound from resistance level, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 19.4500 • Take Profit Level: 19.4000 (500 pips) GOLD A possible long position at the breakout of the level 1515.00 EURUSD A possible long position at the breakout of the level 1.1180 USDCHF A possible short position in the breakdown of the level 0.9850 GBPUSD A possible long position at the breakout of the level 1.2980by PaxForexPublished 5
GBPZAR: price action to 19.49 possible?Multiple bullish MACD crossover on multi time frames (Daily, Weekly, Monthly). Higher peaks and troughs.Longby Peet_SerfonteinUpdated 6
GBP-ZAR looking for 20sPound strengthening, breaking the 0.382% retrace. An hour left in the monthly candle but it's finishing strong which usually indicates a continuation into the next month. Target 0.500%. (...just in time for booking a driving and safari holiday!)Longby BennyTradesPublished 0
GBP/ZAR LONGThis long is viewed from an hour chart, double bottom, and the MACD confirms by pointing same direction on session based time frames, and the trend is long/bullish or 49% heading up. I would wait till it come back to test 18.81 for a limit order.Longby RaKungwanePublished 4
GBPZAR UpdateThis trade went well, can risk some profit here to ride it back down. Target hit and now bearish ABCD. Use a tight stop loss. Good luck traders Last trade here: Shortby vox-populiUpdated 12
GBPZAR WEEKLY ANALISYSAmazing set up formed on the weekly timeframe where price has broke above the descending Tl forming a new HH and completed a 5th wave in the higher timeframes after a retest to that previous mentioned TL that lines up with MP fib level Detailed Signal on our Telegram channel : t.meLongby Forex_SocietyUpdated 5
Long, day & 4hr. I think Stoch rsi &. Cci on day and 4hr suggest going up over next week. Don’t copy but comment. Longby alecfbPublished 1
Possible Sell BreakoutPossible future breakout from the first trend line. I'm expecting price to break and go to the weekly trend line. Let me know what you think?Shortby UnknownUnicorn5673552Published 2
sell GBPZARTREND LINE HAS BEEN CLEARLY BROKEN, LEVERAGED FUNDS HOLD HUGE SHORTS ON GBP AND A SUBSTANTIAL AMOUNTS OF LONGS ON ZAR.... WE CAN ANTICIPATE A BEARISH MOVEShortby Legendaryfx_Published 13
Pound for pound, GBPZAR!Hello Traders I have never been a big fan of candle formations but I saw this as I was scrolling through my FX watchist, seems like a perfect cup & handle to me. Good luckLongby vox-populiUpdated 3311
sellafter two phase now is in profit phase hence we are now looking for sell to the resistance levelby FOXPHONECELLPublished 3
Forex Profit Set-Up #1; Buy GBPZAR - D1 Time-FrameThe UK economy has accelerated at the end of the second-quarter with the service sector clocking in at its fastest growth rate of 2019. Against a backdrop of a South African economy which is facing a deepening economic crisis, the GBPZAR is expected to resume its rally. Price action retreated from the lower band of its horizontal resistance area, enforced by its primary descending resistance level, and has now reached its next horizontal support level supported by its primary ascending support level. A move into its horizontal resistance area is now anticipated and buying any dips from current levels remains the favored trading approach. The CCI already moved out of extreme oversold conditions and the rise in bullish momentum is likely to carry this technical indicator above the 0 mark from where more buy orders are favored to enter the market. Open your PaxForex Trading Account today and join one of the fastest growing communities of profitable forex traders!by PaxForexPublished 2