GBPCAD Daily continuously downtrend by Ichimoku
Comment
GBPCAD still shows downtrend by below Ichimoku confirmations.
Ichimoku Analysis
Kumo (Senko span A and B) down
Kijun sen down
Tenkan sen down
Chiko Span below candles
Next Scenario
After the breakout of support level of 1.7153, market looks to be a continuous downtrend. It could retrace back to Tenkan sen or Kijun sen and then reach to 1.6768 level.
GBPCAD still shows downtrend by below Ichimoku confirmations.
Ichimoku Analysis
Kumo (Senko span A and B) down
Kijun sen down
Tenkan sen down
Chiko Span below candles
Next Scenario
After the breakout of support level of 1.7153, market looks to be a continuous downtrend. It could retrace back to Tenkan sen or Kijun sen and then reach to 1.6768 level.
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
Related publications
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.