Pair = GBPCAD
Camarilla pivot point
R4 = 1.7509
R3 = 1.7482
R2 = 1.7474
R1 = 1.7465
S1 = 1.7447
S2 = 1.7438
S3 = 1.7430
S4 = 1.7403
Thread: Gbp/Cad
Pair = GBPCAD
Camarilla pivot point
R4 = 1.7509
R3 = 1.7482
R2 = 1.7474
R1 = 1.7465
S1 = 1.7447
S2 = 1.7438
S3 = 1.7430
S4 = 1.7403
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Today gbp/cad rate is 1.74352
by observing the routine of the market carefully i have come to know that the most
suitable and the most next sell point will be 1.74205
and the most profitable next buying point will be 1.74399
hope you will follow my views
all the best my firends
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my dear sir, today my technical analysis of Gbp/Cad market trend is buy.
Resistance and Supporting levels :
Resistance level is
1. Resistance level is: 1.7483
2. Resistance level is: 1.7490
3. Resistance level is: 1.7505
Supporting level is
1. Supporting level is: 1.7450
2. Supporting level is: 1.7440
3. Supporting level is: 1.7370
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Update: 17 December 2013
resistance3: 1.7412
resistance2: 1.7364
resistance1: 1.7298
Key point: 1.7240
support1: 1.7189
support2: 1.7143
support3: 1.7087
sell : 1.7241
Short target: 1.7189
Long target:1.7143
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FA148P (2019-01-28)
GBP/CAD is bearish
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:1.7546
2> Resistance level is: 1.7617
3> Resistance level is: 1.7703
Supporting level is
1> Supporting level is: 1.7388
2> Supporting level is: 1.7303
3> Supporting level is: 1.7231
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GBPCAD positive breakthrough has made it past the safe point bawah.n 0.8763 to fall to the upward trend will continue with a focus towards resistance level 0.7291 to 0.7336 is a great expectation.
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analysis of several indicators that I use on gbp/cad currency with M30 and H1 timeframes are in the form of pivots indicator R3=1.7371, R2=1.732, R1=1.7274, Pivots=1.7223, S1=1.7177, S2=1.7126, S3=1.708 indicates the following as well as I use other indicators such as zona trade that displays the zona signal Oversold on market position 1.7236 so that the most appropriate step is to conduct an open position BUY with a stop loss of 1.7211 and take profit at 1.7261
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The theory is one thing, practice is another thing.
Tibor, I am not in the business of making forecasts. There is no such thing in forex and if you do you are a Guru, which I am not. I have posted every trade as I have had it in the past couple of weeks and if you can read you will go back through my posts. It has been a slow grind.
Look after yourself,
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I started watching his video's thanks to our dear friend Dingoman 2 who put me onto him a couple of weeks ago. I must say, he reveals very good info with great facts. I am very encouraged by him and have watched a couple of videos and am yet to go through all the videos. Specifically when it comes to trend trading vs reversal trading. I am yet to find out. When do we know when a currency is trending and of course going into a ranging market?. In a ranging market we look for tops and bottoms. Not easy to spot in real time, is...
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the price is moving down side and the overbought with the stoch indicator. the price may be make a pull back from the pivot point resistance at 1.8482 level but it is having long signal with the parabolic sar. short with the take profit at 1.8400 and stop loss at the 1.8530
good luck.
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