GBPCAD: Detailed Technical Outlook
Quick Update on ⚠GBPCAD:
Analyzing the price movement on a 4-hour chart today, I observed that the market is in a consolidation phase.
There is a tight trading range occurring horizontally.
Traders interested in selling should wait for the price to break below the support level of this range.
A clear signal of a bearish trend would be a 4-hour candle closing below 1.7683. If this occurs, it is likely that a bearish trend will follow.
The next level of support to watch for is at 1.7600.
Analyzing the price movement on a 4-hour chart today, I observed that the market is in a consolidation phase.
There is a tight trading range occurring horizontally.
Traders interested in selling should wait for the price to break below the support level of this range.
A clear signal of a bearish trend would be a 4-hour candle closing below 1.7683. If this occurs, it is likely that a bearish trend will follow.
The next level of support to watch for is at 1.7600.
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For paid signal👇👇 t.me/linofx1999
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.