if you see any mistake on my charts please let me know and always trade according to your own strategy. Thanks
FX:GBPCAD Safe Trades;
Gbpcad Holding its support level 1.6950 and also formed on Last Trading day Strong bullish pin bar. So advice to buy pair in range of 1.6970-1.7060 SL below 1.69 where TP 1.7240
Major downtrend for many weeks being oversold all the time. Price is well below 20 and 50 EMA's a sight green candle shows sign s of a reversal, CAD gross domestic news may make the cad abit more weaker giving the GBP strength. The stochastic is confirming my bullish bias so the market shall go up.
GBPCAD Buy RSI Brakout or trendline breakout
After 260 pips in Gbpcad pair Still having Strong support around 1.6950 level So we advice buy level 1.7070-1.700 sl 1.6930 TP 1.7250
GBPCAD Posible future moves to up
GBPCAD holding strong support around 1.6720 level on Daily chart. Advice buy Pair current market 1.6840 and set pending order around 1.6750 SL below 1.670 where TP1 1.6980 and tp2 1.71
I will be long GBPCAD on a break of the Trend line, possibly up to the weekly or monthly pivot point. It is becoming Oversold on the 28 level RSI which means it should pullback soon. So at the very least I am expecting a pullback to the trend line so there is an opportunity to make some pips. Remember to keep your trade sizes small and manage losses so they...
GC failed to break out of 1.752- 1.717 Zone and on e way to retrace 1.715x -1.698 Zone. ***1.715x -1.698 Zone is supporting well for last 20 days. Price might go past 1.698 but unlikely since bad news days r over. if go past, it will dive to 1.674-1.667. My plan Wait for re-tracement to 1.715x -1.69xx (at least) to enter long upon bullish signal TP : 1.796x...