View RSS Feed

newdigital

  1. GBP/CAD Next Week Outlook - ranging bullish with symmetric triangle pattern to be formed for direction

    by , 12-22-2015 at 10:56 PM
    D1 price is on primary bearish market condition with the secondary ranging: price is located above Ichimoku cloud and Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the daily chart.

    • The price is ranging within 2.0947 resistance level and 2.0469 support level.
    • Symmetric triangle pattern was formed by the price to be crossed for direction of the trend.
    • Tenkan-sen line is above Kijun-sen line of Ichimoku indicator for
    ...