GBPZAR trade ideas
POWER OF THE WEEKLY here youll and learn the benies of the weekly timeframe and why its the best timeframe/
best cuz
you can see the overview of price with a strong magnitude as the monthly yet with the responsiveness of the lower timeframe giving you the best of both worlds
bonus price action tips that works
gl
GBP/ZAR:SWING FIBO RETRACEMENT UPTREND|LONG SETUP 🔔The forecast for the GBP/ZAR remains bullish after this currency pair finished a minor correction.
Can bulls take advantage of upside pressures and force the GBP/ZAR into its next horizontal resistance area?
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GBPZARPound is looking solid for a bull run to resume, the market started off by breaking all time HH to form new HH then came back to retest structure forming HL the pushed through for new highs but the bulls lost momentum along the way allowing bears to take a bit of control in the market by pushing it back into the smaller BOS or 61.8% Fib level forming HL, perfect time to buy GBPZAR and hold. Never ignore the fact that the market might still play around that area forming double bottom after forming LH to validate the failure to form new LL.