GBPZAR is getting readyIt is getting ready to break out this time. It might pull back after RSI hit the trend resistance line.Longby TheBullseye6
Trade Idea Trade Idea Please support this idea with LIKE if you find it useful. Price retraced of the Higher Boundary of a Descending Channel and crossed the Mid Line to downward. Currently the Mid Line serves as a resistance and if we have a confirmed rejection we can initiate a short position Also if price cross the Mid Line to upward we can initiate a short position of the Higher Boundary of a Descending Channel , i case we have a confirmed rejection Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable! @@@ Please Follow Me on TradingVeiw Chennel To get More and More Trade Idea @@@Shortby Muneerfx3
gbpzar long ideaonce pa confirms that the longs are taking off, entry will be triggered.Longby Bethuel964
GBP/ZAR Long TradeStop Loss = 20.27065 / Take Profit = 23.53238 > Coupled with a 1% risk with 3% reward. Once the trade reaches a 2:1 point move SL in front of opening at a 1:1 point to mitigate risk. Keep Chasing that Paper!!!Longby PaperChaser12Updated 4
GBPZARCorona virus socializing restrictions have me over analyzing which is bad for trading mentality...last one tonight, just a thought. Shortby XHRISTIE113
GBPZAR pullback :) I’ve been waiting to jump on this Long, as ZAR pairs have the biggest price movements. This means big profit potential. This 15min chart analyzes the current pullback about to take place. As long as we stay inside this BLUE triangle I have drawn, we’ll see GBPZAR fall back to test the original breakout. The area is marked as a high volume zone, as the volume bars show the most shares traded in quite some time. This setup could take a day or to reach the area & signal confirmations to enter long...I’ll update this trade if it continues to move higher without a pullback. If it does, I’ll be cautious to enter, as huge Weekly resistance is just up ahead at the 21.93000 area. If you entered the trade now, you’ll most likely be good to be in profit by next week or so. Expect dips in profits until then.Longby BillionaireTomBoi4
GBPZARWaiting for the 5th point and the wait for conformation, and buy at that price aiming for 21.0000 and above. Educationby bxolelo3
GBPZARThis is for educational purpose regarding the trend analysis and chart pattern of GBPZAR. The overall direction is bullish but I believe it will have to current it's self and fill the voids.by KevinYoung22
GBPZARGBPZAR sell possition becouse GBPZAR now Stand Strong level 61.8% Fibonacci level if its break this level is an opportunity to buy else sell position Shortby Muneerfx2
Resistance plus the Consolidation for short sellResistance plus the Consolidation for short sellShortby TradingTladi-FX1