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Market analysis about trading
Today market trend:sell
Pivot points
Current price
And
Resistance and Support points market ke nechay janay ke haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiye
Gbp-Cad Daily Chart analysis and fundamental analysis
we can see on the chart the trade near tha intraday resistance level 2, the pair has a bullish
pressure 52.69% here we will wait of result. if brake resistance level 2 then we will open buy order
if the pair reject the resistance level 2 with a strong bearish candle then we will open sell order
today market trend is Sell..
Always Follow Market Trend
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Gbp/cad
nasdaq:gbp/lse:cad
25.04
d
usd
+0.10 (+0.38%)
market closed (oct 16 17:15 utc-4)
24.94
prev
24.87
open
n/a
volume
24.84 — 25.13
Today pair Gbp-Cad has BEARISH trend so if some one has Sell then he had got a great profit,
we can see in the 1d chart
now it is at sport 1 level and it will again movie upward for a while,but after touching its high point,
it will move downward so the bid about sell will be in favor of traders at this time.
i observations by the method of technical analysis I have seen the pairs Trend is SELL and
indicators that I use is the Bollinger Bands 85.12% and fibbo.45.85%
then I strongly recomended you to the open position SELL
Today market analysis and trend:buy
According to indicators :-
Parabolic sar
Bollinger band
RSI
And
Moving average
Tell the about market trend up so we do trade in buy and take good profit
Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading
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Gbp-Cad
Today market trend is sell
After doing fundamental analysis or technical analysis the market today sport
or resistence showing 55.45% trade in sell position
according indiactor zigzag 97.63% parabolic 85.21% and sport resistence
in time frame h1 and h4 market touch
resistence 1 level and again retrace down so i sajjust to open sell trade
and make huge profit so must use stoploss and take profit
Gbpcad
british pound / canadian dollar
1.70298
cad
+0.00984 (+0.58%)
market open (oct 17 05:55 utc-4)
1.69314
prev
1.69314
open
199.717k
volume
1.68398 — 1.70943
Daily analysis for GBPCAD
GBPCAD flat correction fell 1.8260, lower, new daily low close to the first daily support 1.8331
Elliott 1.8475
Closes 1.8376
Ex-Low 1.8349
Ex-High 1.8457
Support 1 1.8332
Support 2 1.8287
Resistance 1 1.8438
Resistance 1 1.8501
GBPCAD Trend is sell
1 Resistance level:1.7101
2 Resistance level:1.6744
3 Resistance level:1.6572
1 Supporting level:1.6213
2 Supporting level:1.6025
3 Supporting level:1.5839
Below is the formula for determining the pivot point, support, and resistance.
GBPCAD candle information OPEN 1.8266
HIGH 1.8346
LOW 1.8247
CLOSED 1.8306 Prisoners
third (R3) 1.8346 - (1.8300 - 1.8247 = 0.0053 x 2 = 0.0105) = 1.8451
The second resistance (R2) is 1.8300 + 1.8346 - 1.8247 = 1.8399
The first resistance (R1) is 1.8300 x 2 = 3.6599 - 1.8247 = 1.8352
pivot points 1.8346 + 1.8247 + 1.8306 = 5.4899 / 3 = 1.8300
Support for the first (S1) 1.8300 x 2 = 3.6599 - 1.8346 = 1.8253
The second support (S2) is 1.8300 - (1.8346 - 1.8247 = 0.0099) = 1.8201
Third Support (S3) 1.8247 - (1.8346 - 1.8300 = 0.0046 x 2 = 0.0093) = 1.8154