WEEKLY FOREX ANALYSIS - GBPCAD FUTURE TRADE IDEA

in #trading7 years ago

Hello All,

This GBPCAD market has broken the daily level of 1.66 on last wednesday candle closing. Now the market is trying to retest this level. I am looking for a bearish price action signal near 1.66 to go short on this pair because 8/21 EMA is also indicating me a strong bearish market plus from 1st May the market has started a bearish flow and making lower highs and lower lows.

GBPCAD.jpg

Lets see how market unfolds from here and give us clue for the trade!!!!

Plus follow me on my trading view channel at https://www.tradingview.com/u/vikki2810/

Coin Marketplace

STEEM 0.23
TRX 0.21
JST 0.036
BTC 98534.33
ETH 3364.06
USDT 1.00
SBD 3.16