Don't miss the great sell opportunity in GBPCAD

FX:GBPCAD   British Pound / Canadian Dollar
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.7455). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPCAD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 31.

Take Profits:
TP1= @ 1.7260
TP2= @ 1.7130
TP3= @ 1.6958

SL: Break Above R2
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Lovely analysis
+1 Reply
@sara-kian, Thanks
You are one of my favorite analysts!
+1 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, It's our pleasure.
@ForecastCity always enjoy your posts.
+1 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, Thanks for your comment.
Thanks for your ideas
+2 Reply
ForecastCity Alexander_007
@Alexander_007, You're welcome. thanks for following us.
Perfect Support / Resistance and Technical Analysis!
+2 Reply
ForecastCity Alexander_007
@Alexander_007, Thanks for your nice comment. we hope you enjoy it.
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