GBP_ZAR Analysis

Last: 24.86760 | Change: -0.03624 | Date: 2025-04-25 | Current Time: 2025-04-23 22:00:27 UTC

Phase: Mean Reversion > Early Mean Reversion > Failed Momentum > False Breakout > False Breakout > Early Mean Reversion: False Breakout 100.0%

Market State

Market State

Trend: Downtrend (Weak)
RSI: 38.22 (Neutral)
Volume: Rising (Normal)
Volatility: 0.1214 (Normal)
Price Action: Normal
Price Structure: Higher Highs & Lows
Momentum: -0.0364 (Strong)
ATR: 0.0302
NATR: 0.1214
Trend Alignment: No

Phase Analysis

Current Phase: Mean Reversion > Early Mean Reversion > Failed Momentum > False Breakout

Confidence: 100.0%

Stage: False Breakout

Detail: Early Mean Reversion: False Breakout

Market Metrics

Trend: Down (Weak)

RSI: 38.2 (Neutral)

Volume: Rising (Normal)

Volatility: 0.1214 (High)

Candlestick Patterns:

Bearish CandleSignificant CandleShort Entry Signal

Support & Resistance

Current Price: 24.8676

Resistance Levels

25.0846 Strong (0.87% away)
25.1212 Strong (1.02% away)
25.0979 Strong (0.93% away)

Support Levels

24.8602 Strong (0.03% away)
24.8278 Strong (0.16% away)

Mean Reversion Signals

Mean Reversion LONG Signal @ 24.86760

Generated: 2025-04-23 22:00

Confidence: 77.3%

Risk:Reward: 3.80

Entry: 24.86760

Stop Loss: 24.81046

Target: 25.08459

Valid until: 2025-04-26 02:21

Contributing Factors

  • Current phase: Mean Reversion > Early Mean Reversion > Failed Momentum > False Breakout
  • Reversal phase detected - favorable for mean reversion
  • Positive momentum: 41.3
  • Contradicting candle short entry signal detected (-15 confidence)
  • Market indecision favorable for mean reversion
  • Stricter: Bonus for high-indecision/range market (+8 confidence)
  • Stricter: No bullish candle rejection in last 2 candles (-20 confidence)

Market Phase

Phase: Mean Reversion > Early Mean Reversion > Failed Momentum > False Breakout

Confidence: 100.0%