Sell At 1.7620 Tp 1 - 1.7570 Tp 2 - 1.7470 Tp 3 - 1.7320 Sl - 1.7720
Looks like a regular flat correction. Lets see!
GBPCAD is looking for short opportunity & has the chances to move to the downside & to make some decent profits.
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.7785). 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...
Much time has passed but GBPCAD failed to break resistance So I am betting on the very short term, downside movement for this pair I personally book only 10 pips profit Lets see....
Nice RR to short it now!
📚 LEARN MORE 💰 EARN MORE With ForecastCity What is a Range-Bound Market? A range-bound market is one in which price bounces between a specific high price and a low price. The high price acts as a major resistance level in which price can’t seem to breakthrough. Likewise, the low price acts as a major support level in which price can’t seem to...
Looking to buy gc from the region of interest Can see gc has been looking to push higher to minor resistance we could see one more correction to our buy zone there is a candle imbalance I will be looking at buying at this point Confluences on buys on GBP/CAD 1. In consoldation but it looks to go higher overtime looking at minor resistance as a target 2. 78% -...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.738). 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...
OANDA:GBPCAD AS WE BREAK OUT OF THAT ASCENDING CHANNEL,MORE DOWNSIDE MOMENTUM SHOULD BE EXPECTED FROM THIS PAIR.