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Thread: Gbp/Cad

  1. #1606
    Senior Member booba92i is an unknown quantity at this point booba92i's Avatar
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    I think the price may touch daily pivot point (1.7460).
    so buy now from 1.7401
    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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  2. #1605
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- gbp/cad
    time frame analysis- m15



    the price is making double bottom chart pattern with having resistance at 1.9145 level and support at 1.9065 level. the movement of the rsi indicator is up side. so long with take profit at 1.9170 and stop loss at 1.9035
    good luck.

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  3. #1604
    Senior Member ducd3vaizo will become famous soon enough ducd3vaizo's Avatar
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    Spoiler Spoiler:

    Daily Forecast

    Major Trend: Bullish
    Time Frame: H4
    Reason: The possibility of the market will go up, if it has been successfully break fibonacci 100 in the first resistance at 1.9147.
    Recommendation: Buy stop at 1.9147

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  4. #1603
    Senior Member ducd3vaizo will become famous soon enough ducd3vaizo's Avatar
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    Spoiler Spoiler:

    Daily Forecast

    Major Trend: Bullish
    Time Frame: H1
    Reason: Market still will go to the Fibonacci 100 after correction in 38.2 touched 2 times. But be careful, because the stochastic has been in overbought area 2 times.
    Recommendation: Buy

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  5. #1602
    Banned Gamabunta will become famous soon enough Gamabunta will become famous soon enough Gamabunta's Avatar
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    I think that we should wait until the price break the red trendline decree below in the 4H time frame, then we get in short position with take profit at 1.8711.

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  6. #1601
    Senior Member ducd3vaizo will become famous soon enough ducd3vaizo's Avatar
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    Spoiler Spoiler:

    Daily Forecast

    Major Trend: Bullish
    Time Frame: H1
    Reason: For the potential of this market is still bullish. However, it will still be a correction in the price of the previous resistance at 1.9055, due to stochastic has entered overbought area.
    Recommendation: Sell

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  7. #1600
    Senior Member ducd3vaizo will become famous soon enough ducd3vaizo's Avatar
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    Spoiler Spoiler:

    Daily Forecast

    Major Trend: Bearish
    Time Frame: H1
    Reason: Market still will go to the Fibonacci 423.6 terbukadi because the market has been under the pivot point at 1.8917. However, the stochastic is still going way up, chances are the market will be sideways at the pivot point.
    Recommendation: Sell

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  8. #1599
    Banned Gamabunta will become famous soon enough Gamabunta will become famous soon enough Gamabunta's Avatar
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    I think that this is a good opportunity to get in short position from the resistance level at 1.8908 with take profit at 1.8649.

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  9. #1598
    Banned John202 is on a distinguished road John202's Avatar
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    We saw the pound rise of forces since the beginning of the week because of Sdormjmuah of positive economic data from the British economy represented in the parliamentary elections and unemployment rates and the rate of growth in wages and industrial production, causing the strength of sterling and we still expect a continuation of the bullish trend of the currency against the Australian dollar, where today we have seen the continued climb of the husband through the Asian trading on Friday.

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  10. #1597
    Banned dalimetre is an unknown quantity at this point dalimetre's Avatar
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    Peace, mercy and blessings of God Thank you, my dear brother to Trg This outstanding Thread
    Well done and work in the forex world, because he does best and should Tstaatmr
    We wish more excellent luck and all your posts on a distinguished road

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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