Communauté
Blog
AdamFx42's Blog

AdamFx42's Blog

Avatar

GBP/CAD to challenge previous lows

AdamFx42 Publié 13 oct comme Analyse sur GBP/CAD, Cible: 1.7644, Date: 1 de décembre, 12:00 GMT  dans #Technical analysis #GBP/CAD #Fibonacci Expansion Levels #Previous Lows
Gbp/Cad looks ready to challenge (and break) previous lows
On the weekly chart the price action looks bearish, and a high looks to be in place
The 61.8% fibonacci expansion level of the latest weekly move lies around 1.76
where the previous weekly lows are too - this could be another attempt to break these lows
Gbp/Cad Weekly Chart
On the daily chart we see more interesting technicals:
the declining trendline is around the same level as the latest daily fibonacci 61.8% expansion level
which both…
Lisez l'histoire complète
Traduire en Anglais Montrez l'original

Du fait que vous ne soyez pas identifié, nous ne connaissons pas votre langue mais nous supposons que c'est le Anglais
Veuillez vous identifier ou choisir une autre langue à traduire de la liste.

– ou –

3 Commentaires
AdamFx42 avatar
AdamFx42 30 oct

need price to break below weekly 23.6% fibonacci retracement before a further move down

AdamFx42 avatar
AdamFx42 15 nov

Finally in a strong move down the price has reached my target area
Weekly 61.8% fibonacci expansion level is holding the price above it for now,
it will probably be retested and if price remains around here I am good

AdamFx42 avatar
AdamFx42 26 nov

Price remains below 1.77 for now - see what happens this week,
a break above that level will probably move the price away from my target again,
while if it continues to hold - 1.77 will form resistance and price will drift lower towards my target area

oupour laisser des commentaires
Avatar

Bearish weekly Flag pattern for GBP/CAD

AdamFx42 Publié 18 aou comme Analyse sur GBP/CAD, Cible: 1.8001, Date: 1 de octobre, 12:00 GMT  dans #Technical analysis #GBP/CAD #Breakout #Bearish Pattern #Weekly Downtrend
A clear bearish Flag pattern can be seen on the weekly chart of Gbp/Cad,
this pattern forms a downward channel,
and most of the times the breakout will be to the downside:
Gbp/Cad daily chart
On the daily chart I do not see any pattern,
but price action seems to be going to the downside at this moment,
and the lower border of the flag pattern seems in reach:
Gbp/Cad daily chart
Lisez l'histoire complète
Traduire en Anglais Montrez l'original

Du fait que vous ne soyez pas identifié, nous ne connaissons pas votre langue mais nous supposons que c'est le Anglais
Veuillez vous identifier ou choisir une autre langue à traduire de la liste.

– ou –

4 Commentaires
AdamFx42 avatar
AdamFx42 27 aou

well,breakout came much sooner than I expected - looking for a retest of trendline from below around 1.8 now

AdamFx42 avatar
AdamFx42 10 sep

Still 300 pips left in the climb back up again now  :-) to lower border retest

AdamFx42 avatar
AdamFx42 11 sep

now 150 pips

AdamFx42 avatar
AdamFx42 23 sep

there we go -- only 30 pips from target now  :-)

oupour laisser des commentaires