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khabeerkhalid

W10-11 GBPZAR BEARISH IDEA (HARMONICS PATTERN)

Short
GBP/ZAR (OANDA:GBPZAR)  
khabeerkhalid  
OANDA:GBPZAR   GBP/ZAR
Harmonic Patterns Trend Analysis Chart Patterns GBPZAR gbpzarshort Forex harmonicstraders dowtheory Divergence
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harmonicpatterns trendanalysis chartpattern gbpzar gbpzarshort forex harmonicstraders dowtheory divergence
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.
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