A high reward GBP/ZAR selling opportunityThe markert has completed a running flat correction and therefore wave C is expected. the pound is very bearish and will be for months to come.Shortby MlungisiMpapane2
🔥 GBPZAR: Curve Analysis (6W) 🔥SLO2 @ 24.40 ⏳ SLO1 @ 23.90 ⏳ TP1 @ 20.15 TP2 @ 17.75 TP3 @ 16.00 TP4 @ 13.25 BLO @ 12.50 ⏳ ADDITIONAL INFO: 🤔 If this HTF Curve Analysis holds on this 3H chart, then we'll have an opportunity to short 🏆 POSITION TRADERS: +45.70% or 111,500 pip OPPORTUNITY (max)‼️ ✍️ NOTE: Each TP is a POC where Shortby ProfessorCEWard3
GBPZARHigh changes for downtrend because 4 hour and 1 hour both trend is down. Caution GBP news may change direction or liquidity grab.by forexdrtrader3
GBPZAR short setup.This pair has just completed an ending diagonal reversal pattern , complemented by divergence. Looking to short it and targeting R22/Pound.Shortby AN-Pecuniary0
GBPZAR November 19th, 2023The Chicago Mercantile Exchange's Commitments of Traders (COT) report for the week ending November 14, 2023, shows that there are signs of weakness for the British pound (GBP). Non-commercial traders, which are typically hedge funds and other large institutional investors, reduced their long positiShortby DNP-FX6
GBP-ZAR - Keylevels - DailyThese are the keylevels on daily for GBP-ZAR, there is still in a bearish trend , and if you want a confirmation, just move on weekly.by sfc954
gbpzar looking bearish seems like getting ready for downside breakout formed ascending channel in daily timeframe and expecting downside breakout incase of successful breakout expecting bearish wave towards 21 keep eyes on for breakoutShortby Worldofchartsfx2
Bullish FlagAs the bullish flag suggest that the the bullish trend will continue al it does not hv any divergenceLongby gharisbinqasim0
GBPZAR bullish idea (scenario-1)GBPZAR cup & handle pattern found as per 1H, it's already tp-1 achieved, still we can enter after break higher high up to TP-2 as marked. It's scenario-1, I will analyses bigger time frame 4H, 4h telling another story.Longby AsifAwan112