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TarbzFX

GBPZAR Short Position (4Hr Timeframe)

Short
BRITISH POUND / SOUTH AFRICAN RAND (FX_IDC:GBPZAR)  
TarbzFX  
FX_IDC:GBPZAR   BRITISH POUND / SOUTH AFRICAN RAND
GBP ZAR GBPZAR breakout short shortsetup trader student
10
0
gbp zar gbpzar breakout short shortsetup trader student
-Potential short position as trend breaks out and makes bearish move
- Be wary of retest as trend could pull back towards weekly resistance
- looking to take this position as MACD indicates downwards movement
- Look for entry in 1Hr timeframe through Moving Average crossover or bearish candlestick pattern
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