GBPZAR trade ideas
GBPZAR long & short oppotunityRecently the market has broken the down trend line, if it closes above the resistance, buy
STERLING/RAND GBP/ZAR H2: Approaching ResistanceHere's why it's a potentially good selling opportunity:
- the well-established downtrend,
- likely support at: 1) the potential supply level (the last swing high), 2) 100% size of the prior correction,
- a perfect match of the strong South African rand and the weak British pound, currently the former oversold and the latter overbought.
WOW look at this!Not a trade, just came across this while back testing.
Just look at those opportunities in the highlighted zone.
2 double tops, both with RSI divergence
and most importantly, BOTH WINNERS.
Just thought id share this.
Trades like this make me cringe when i don't take them
GBPZAR daily elliott It's a livin' thing
It's a terrible thing to lose
Its a given thing
So you won't be needing those shoes
GBPZAR - EXCITING!!This one is at an exciting spot right now, and we will know in the next few days whether we will be bouncing much higher or retreating lower. I'm expecting it to bounce lower, but you can never be too sure. I'm waiting on the candles to tell me where this pair is going.
Rand is getting stronger by the minuteAFTER THE NEWS FROM THE GOLDMAN SACHS REVEALING THAT THE SOUTH AFRICAN RAND ALONGSIDE OTHER BRICS COUNTRIES WILL BE THE ONE OF THE TOP EMERGING MARKET INVESTMENT, WATCH THE RAND SHOOT RIGHT UP!
GBPZAR, bullish Gartley/BAT, 16%~28% upside potentialGBPZAR, bullish Gartley/BAT, 16%~28% upside potential.
not a perfect point B though, and the timing not reach 1.382 yet.
GBPZARGBPZAR looks very interesting. it`was forming H&S pattern, broken it up and now seems to bounce after a correction. thera is also a strong support on 17,0730 level
GBPZAR, bullish reverse Head & ShoulderGBPZAR, bullish reverse Head & Shoulder.
This is in line with the weekly chart, bullish.
Pound Sterling / South African RandPound Sterling / South African Rand going long after a few weeks of going down
