GBPCAD broke previous support and downtrending by Ichimoku
Comment
GBPCAD Daily timeframe shows downtrend after support breakout of 1.7152 level.
Ichimoku Analysis
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko Span below candles
Next Scenario
Lower timeframes also show downtrend by Ichimoku, so good timing to look for a selling edge.
Ultimate target to be at previous support level of 1.6769.
GBPCAD Daily timeframe shows downtrend after support breakout of 1.7152 level.
Ichimoku Analysis
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko Span below candles
Next Scenario
Lower timeframes also show downtrend by Ichimoku, so good timing to look for a selling edge.
Ultimate target to be at previous support level of 1.6769.
Forex Kei
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Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
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