It seems the pair has a short opportunity. 4h has hit a major OB and ATR. It seems it might fall back to the 20 day ema or may drop further.
It seems the pull back is completed. price has broken out, will wait for retest before execution
Ascending triangle and possible 1h trend line breakout. Tomorrow's interest rate decision if increased will also help.
Previous bet on a shorting this one last week failed. I still do believe a nice short is possible in the near future.
It seems price still needs to form a new high after previous correction.
Reversal candlestick pattern at strong support zone, daily still within bullish channel and 4h RSI and stoch oversold
The pair seems to be bearish on 1h and 4h time frames. RSI negative and overbought.
It seems true value may be around R7, indicators still reflecting strong sell off. However there seems to have been a gap formed post IPO. I might jump in at around R7