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  1. GBP/CAD Technical Analysis 2016, 18.09 - 25.09: breakdown to bearish reversal

    by , 09-19-2016 at 12:44 AM
    Daily price is on breakdown within the primary bullish market condition: the price broke symmetric triangle pattern to below for the possible bearish reversal, and Chinkou Span line crossed the price for the breakdown to be continuing.

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    If D1 price breaks 1.7128 support level on close bar so the reversal of the price movement from the ranging bullish to the primary bearish market condition will be started.
    If D1 price breaks 1.7543 ...
  2. GBPCAD Weekly Outlook - 1.8789 resistance level as a nearest bullish reversal target

    by , 06-19-2016 at 09:20 PM
    Daily price is located below Ichimoku cloud on the bearish area of the chart: the price is started with secondary market rally with 1.8434 resistance level to be broken for the rally to be continuing and with 1.8789 resistance level as a nearest bullish reversal target. Alternative? if 1.8789 resistance is not going to be broken on close daily bar so the price will be started on the secondary ranging condition within the primary bearish trend.

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