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 alecfb1
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 UnknownUnicorn56735522
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_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 FOXPHONECELL3
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 PaxForex2
Target would be 19.08495engulfing after hammer , common place of reversal , LOOK LEFTLongby webster.robesten4
GBPZAR Breaks 20DMA and sits at area of strong S/R 50D MA Lies below. Today's close should add some further colour as to likely direction from here. by John_Tuohy_MSTA_CFTe4
GBPZAR broke through the 200 SMA (Weekly)Formed a Cycle High, 4 weeks into a possible 25 week cycle until the next Cycle Low. Support will be in the area of 17.25, indicated by the yellow support line.Shortby Geeves6
GBPZAR WeeklyGBPZAR is getting ready to take a nice short sell stop : 18.37500 stop loss : 19.04000 take profit : 17.35000Shortby JetLagFX8
#GBPZARSupport and resistance are identified The green areas are Target Pink areas are strong for the price The pattern is broken Time range specified by armanfx114
GBP/ZAR Big Move potentially!Price has reached and tested downward trend line and has slowed down in momentum reaching it, on H1 time a smaller trend line has been respected. Waiting for a break to enter! Let me know what you think!Shortby Marleypeck275
GBP/ZAR: Daytrade-Opportunity#WEEK 34 Nr. 11Hey tradomaniacs, welcome to another free signal! How to trade: 1. Wait for the break below the horizontal support and wait for a retest. 2. If we reject and the horizontal support and see an S&R-Flip - SELL. 3. Latest point to reduce your risk is as soon s you have warned your risk. ----------------------------- Type: Daytrade Sell here: 18,60549 Stop-Loss: 18,70444 Target 1: 18,50334 Target 2: 18,45556 Target 3: 18,40812 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-) Shortby Trading2ezUpdated 8