GBPCAD looks to be reaching the support level. Will look closely next week to see the reaction at the support level. Will look to short if the price breaks the support or trendline. Will long when the price rebounce on the support and trendline. Target will be above 1.72
May break below this current support level. Waiting for the charts to show a reversal before longing this trade.
I see that the trend might continue upwards, taking a small trade near the support level.. if it breaks below 114.569, I would see the price to reverse to a downward trend
the price 2151 has been tested a few times, seems like the support is holding.. not too sure if the S&P500 will break this support, but I doubt it will.. Monitoring it closely especially after the elections. large movements since that day..
Entered at 1.03968. Stop loss at support level
Going long, not sure when the uptrend will end. I see a possibility that the uptrend is moving towards the 1.058 level.
Based on hourly chart, trend seems to be on an uptrend towards the 1.33765 level. Will long and place SL at 1.306 level
Either a pull back to the lower trend line support or a break into the upper channel to enter this trade
Next Week Game Plan is to wait for the daily candle to turn bullish. Trade towards resistance trend line in the channel
Looking to short near the 100 MA and SL at 200 MA.. Looking to see if the downward trend continues further below 1.51 level
Continue to long this until it exits the channel and 7 EMA crosses over 21
Shorting towards the bottom of the range.
Entered at 159.487. Shorting towards 153 price range. Looking to long on reversal bullish candlesticks and counter trendline break
Currently in 50 pips profit. Looking to short towards the support level.
Looking for trend reversal candle to long towards the 1.15 price level. I will also look to short at 1.15 price level as this seems to be the region for rebounds