Comment
GBPCAD Daily timeframe shows downtrend after support breakout of 1.7152 level.
Ichimoku Analysis
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko Span below candles
Next Scenario
Lower timeframes also show downtrend by Ichimoku, so good timing to look for a selling edge.
Ultimate target to be at previous support level of 1.6769.
GBPCAD Daily timeframe shows downtrend after support breakout of 1.7152 level.
Ichimoku Analysis
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko Span below candles
Next Scenario
Lower timeframes also show downtrend by Ichimoku, so good timing to look for a selling edge.
Ultimate target to be at previous support level of 1.6769.
Forex Kei
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Forex Kei
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.