ForecastCity

💡Don't miss the great sell opportunity in GBPCAD

Short
FX:GBPCAD   British Pound / Canadian Dollar
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.7338).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. GBPCAD is in a downtrend, and the continuation of the downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 32.

Take Profits:
TP1= @ 1.7266
TP2= @ 1.7239
TP3= @ 1.7188
TP4= @ 1.7145
TP5= @ 1.7094

SL: Break Above R2

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Comments

Clear analysis.👍
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ForecastCity DenizKilicDeniz
@DenizKilicDeniz, Thank you for your feedback. We appreciate it
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Nice view! 👍
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ForecastCity Mehmetozdemi
@Mehmetozdemi, Thank you. We appreciate your support
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