GBPZAR 1H TF
Reversal Trade
A sideways Trend is seen now
It has been consolidating since quite some time now a good move should be coming anytime now!
A nice SL of the low can be used with a high target of the upper resistance which may also be taken out soon!
A Good entry can be taken now!
Volumes may increase as well
Possible pips-0.29
RR-3
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There is a great buy opportunity in 4 hour time frame in GBPZAR. The technical indicators such as Parabolic SAR and RSI also support the surge in prices