๐ก Don't miss the great sell opportunity in GBPCAD
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 support.
. The RSI is at 34.
Take Profits:
TP1= @ 1.7290
TP2= @ 1.7235
TP3= @ 1.7185
TP4= @ 1.7120
TP5= @ 1.7048
SL: Break Above R2
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. . . . . Please show your support back,
. . . . . . . . Hit the ๐ LIKE button,
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โค๏ธ Your Support is very much ๐ appreciated! โค๏ธ
๐ Want us to help you become a better Forex trader?
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Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, โค๏ธ
ForecastCity English Support Team โค๏ธ
. 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 support.
. The RSI is at 34.
Take Profits:
TP1= @ 1.7290
TP2= @ 1.7235
TP3= @ 1.7185
TP4= @ 1.7120
TP5= @ 1.7048
SL: Break Above R2
โค๏ธ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the ๐ LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
โค๏ธ Your Support is very much ๐ appreciated! โค๏ธ
๐ Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, โค๏ธ
ForecastCity English Support Team โค๏ธ
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