BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Last week the gbpcad rose 350 pips and touched a moving average of 200, The moving average 200 usually will constitute resistance that is not easy to break that is the reason for the buy recommendation Sell GBPCAD: Entry Price: 1.7660 Stop Loss:1.7730 Take Profit: 1.7460
One more leg down off the mid Bollinger.
Weakening of the daily trend + contact with a strong line of resistance.
1.72507 is a key strong resistance level as we show with our purple arrows where price has respected this level. 1.70319 area was previously used as resistance ( blue arrows ) but more recently was used as support ( orange arrows ) Price is currently sitting at resistance so again we are expecting it to respect this and bounce making movement to the downside,...
WATCH OUT FOR THE BREAK OUT See previous analysis PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
A lot of 4h divergence. This could play both way, but is a critical level. If impulse to the downside starts, then we could have a really big movement on Daily
Hi, as you can see GBPCAD broke the previous top. If you look on the bigger picture we are at the top of the bigger correction. Taking the sell here is a great idea. It broke the trendline with an impulse. Don't jump in the sell right now. To confirm this big down move it has to make flag under the trendline. When it makes the flag only then i will look for big...
Watch Top for reversal - Resistance Top also 0.618 Fib Retracement level
Potential TP @ 1.67850 Stop lose may be put @ 1.70750
GBPCAD is still within the range. we anticipate a move possibly towards the bottom of the channel
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Respected followers, yesterday GBPCAD rejected its trend line to move down. We can sell this pair at current market price. Trade at your own risk.
GBPCAD IS NOW COMPLETING A REVERSAL WAIT FOR THIS TO COMPLETE AND THEN ENTER FOR THE LONG SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
GBPCAD has retraced to Nicely on this. i am expecting it to break down soon, so keep you eye out for this one. See previous analysis I APPRECIATE ALL LIKES, COMMENTS AND FOLLOW FOR MORE