GBPZARContinuation of our previous analysis ... using the quasimodo and internal head and shoulder pattern .
GBPZAR trade ideas
GBP ZAR 1D LONGG!!! We can go long now o if you could confirm with a strong 4H Candle to go long!!
For 1ST TP : Simple estrategy that is 1:1 because we have more posibilities to continue the trend until the top of the channel!, then take profits , move SL to break even and leave run profits.
bye bye !!
GBPZAR LongI originally had my TP at 19.25 but decided to move it down.
If it hits 19.15 I will probably buy again but will see what happens.
Smile
GBPZAR [BEARISH CONFIRMATION]With the upcoming election in Uk, Pound seems to be getting bearish with its slightly crumbling economy as the data displayed yesterday and with the topic of interest cuts expected to boost its economy. Pound might get bearish against Rand.
GBPZAR DAILY CHARTThis is daily quasimodo set up which works like nature law. price gonna move down to those take profit target in coming weeks. this is advance part of quasimodo called fake out zone strategy
Analysis on GBPZAR 1.11.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 19.7000
• Take Profit Level: 20.0000 (3000 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 19.4500
• Take Profit Level: 19.4000 (500 pips)
GOLD
A possible long position at the breakout of the level 1515.00
EURUSD
A possible long position at the breakout of the level 1.1180
USDCHF
A possible short position in the breakdown of the level 0.9850
GBPUSD
A possible long position at the breakout of the level 1.2980
GBPZAR: price action to 19.49 possible?Multiple bullish MACD crossover on multi time frames (Daily, Weekly, Monthly).
Higher peaks and troughs.
GBP-ZAR looking for 20sPound strengthening, breaking the 0.382% retrace. An hour left in the monthly candle but it's finishing strong which usually indicates a continuation into the next month. Target 0.500%.
(...just in time for booking a driving and safari holiday!)
GBP/ZAR LONGThis long is viewed from an hour chart, double bottom, and the MACD confirms by pointing same direction on session based time frames, and the trend is long/bullish or 49% heading up. I would wait till it come back to test 18.81 for a limit order.
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:
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.me
Long, day & 4hr. I think
Stoch rsi &. Cci on day and 4hr suggest going up over next week.
Don’t copy but comment.
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?
