#1.3050

New Post has been published on http://u.to/gWc7Dw

Commerce Concept : GBP/USD - Promote at 1.3050

GBP/USD – 1.3010

Most recent candlesticks pattern   : N/A

Trend                                 : Near term down

Tenkan-Sen level                 : 1.3037

Kijun-Sen level                    : 1.3049

Ichimoku cloud top              : 1.3131

Ichimoku cloud bottom        : 1.3073

Original strategy :

Sell at 1.3135, Target: 1.3005, Stop: 1.3170

Position : –

Target :  –

Stop : –

New strategy  :

Sell at 1.3050, Target: 1.2950, Stop: 1.3070

Position : –

Target :  –

Stop : –

As cable has remained under pressure, suggesting recent decline from 1.3445 is still in progress, below support at 1.2996 would extend further weakness to 1.2979 (previous support) and possibly 1.2950-55, however, reckon downside would be limited to 1.2900 (1.236 times projection of 1.3445-1.3138 measuring from 1.3279) and price should stay well above support at 1.2866. 

In view of this, we are looking to sell cable on recovery but at a lower level as 1.3040-50 should limit upside. Above minor resistance at 1.3065 would suggest low is possibly formed, bring test of 1.3091 but break of latter level is needed to add credence to this view.

New Post has been published on http://u.to/gWc7Dw

Commerce Concept : GBP/USD - Promote at 1.3050

GBP/USD – 1.3010

Most recent candlesticks pattern   : N/A

Trend                                 : Near term down

Tenkan-Sen level                 : 1.3037

Kijun-Sen level                    : 1.3049

Ichimoku cloud top              : 1.3131

Ichimoku cloud bottom        : 1.3073

Original strategy :

Sell at 1.3135, Target: 1.3005, Stop: 1.3170

Position : –

Target :  –

Stop : –

New strategy  :

Sell at 1.3050, Target: 1.2950, Stop: 1.3070

Position : –

Target :  –

Stop : –

As cable has remained under pressure, suggesting recent decline from 1.3445 is still in progress, below support at 1.2996 would extend further weakness to 1.2979 (previous support) and possibly 1.2950-55, however, reckon downside would be limited to 1.2900 (1.236 times projection of 1.3445-1.3138 measuring from 1.3279) and price should stay well above support at 1.2866. 

In view of this, we are looking to sell cable on recovery but at a lower level as 1.3040-50 should limit upside. Above minor resistance at 1.3065 would suggest low is possibly formed, bring test of 1.3091 but break of latter level is needed to add credence to this view.

New Post has been published on http://u.to/gWc7Dw

Commerce Concept : GBP/USD - Promote at 1.3050

GBP/USD – 1.3010

Most recent candlesticks pattern   : N/A

Trend                                 : Near term down

Tenkan-Sen level                 : 1.3037

Kijun-Sen level                    : 1.3049

Ichimoku cloud top              : 1.3131

Ichimoku cloud bottom        : 1.3073

Original strategy :

Sell at 1.3135, Target: 1.3005, Stop: 1.3170

Position : –

Target :  –

Stop : –

New strategy  :

Sell at 1.3050, Target: 1.2950, Stop: 1.3070

Position : –

Target :  –

Stop : –

As cable has remained under pressure, suggesting recent decline from 1.3445 is still in progress, below support at 1.2996 would extend further weakness to 1.2979 (previous support) and possibly 1.2950-55, however, reckon downside would be limited to 1.2900 (1.236 times projection of 1.3445-1.3138 measuring from 1.3279) and price should stay well above support at 1.2866. 

In view of this, we are looking to sell cable on recovery but at a lower level as 1.3040-50 should limit upside. Above minor resistance at 1.3065 would suggest low is possibly formed, bring test of 1.3091 but break of latter level is needed to add credence to this view.

New Post has been published on http://u.to/gWc7Dw

Commerce Concept : GBP/USD - Promote at 1.3050

GBP/USD – 1.3010

Most recent candlesticks pattern   : N/A

Trend                                 : Near term down

Tenkan-Sen level                 : 1.3037

Kijun-Sen level                    : 1.3049

Ichimoku cloud top              : 1.3131

Ichimoku cloud bottom        : 1.3073

Original strategy :

Sell at 1.3135, Target: 1.3005, Stop: 1.3170

Position : –

Target :  –

Stop : –

New strategy  :

Sell at 1.3050, Target: 1.2950, Stop: 1.3070

Position : –

Target :  –

Stop : –

As cable has remained under pressure, suggesting recent decline from 1.3445 is still in progress, below support at 1.2996 would extend further weakness to 1.2979 (previous support) and possibly 1.2950-55, however, reckon downside would be limited to 1.2900 (1.236 times projection of 1.3445-1.3138 measuring from 1.3279) and price should stay well above support at 1.2866. 

In view of this, we are looking to sell cable on recovery but at a lower level as 1.3040-50 should limit upside. Above minor resistance at 1.3065 would suggest low is possibly formed, bring test of 1.3091 but break of latter level is needed to add credence to this view.

New Post has been published on http://u.to/gWc7Dw

Commerce Concept : GBP/USD - Promote at 1.3050

GBP/USD – 1.3010

Most recent candlesticks pattern   : N/A

Trend                                 : Near term down

Tenkan-Sen level                 : 1.3037

Kijun-Sen level                    : 1.3049

Ichimoku cloud top              : 1.3131

Ichimoku cloud bottom        : 1.3073

Original strategy :

Sell at 1.3135, Target: 1.3005, Stop: 1.3170

Position : –

Target :  –

Stop : –

New strategy  :

Sell at 1.3050, Target: 1.2950, Stop: 1.3070

Position : –

Target :  –

Stop : –

As cable has remained under pressure, suggesting recent decline from 1.3445 is still in progress, below support at 1.2996 would extend further weakness to 1.2979 (previous support) and possibly 1.2950-55, however, reckon downside would be limited to 1.2900 (1.236 times projection of 1.3445-1.3138 measuring from 1.3279) and price should stay well above support at 1.2866. 

In view of this, we are looking to sell cable on recovery but at a lower level as 1.3040-50 should limit upside. Above minor resistance at 1.3065 would suggest low is possibly formed, bring test of 1.3091 but break of latter level is needed to add credence to this view.

New Post has been published on http://u.to/gWc7Dw

Commerce Concept : GBP/USD - Promote at 1.3050

GBP/USD – 1.3010

Most recent candlesticks pattern   : N/A

Trend                                 : Near term down

Tenkan-Sen level                 : 1.3037

Kijun-Sen level                    : 1.3049

Ichimoku cloud top              : 1.3131

Ichimoku cloud bottom        : 1.3073

Original strategy :

Sell at 1.3135, Target: 1.3005, Stop: 1.3170

Position : –

Target :  –

Stop : –

New strategy  :

Sell at 1.3050, Target: 1.2950, Stop: 1.3070

Position : –

Target :  –

Stop : –

As cable has remained under pressure, suggesting recent decline from 1.3445 is still in progress, below support at 1.2996 would extend further weakness to 1.2979 (previous support) and possibly 1.2950-55, however, reckon downside would be limited to 1.2900 (1.236 times projection of 1.3445-1.3138 measuring from 1.3279) and price should stay well above support at 1.2866. 

In view of this, we are looking to sell cable on recovery but at a lower level as 1.3040-50 should limit upside. Above minor resistance at 1.3065 would suggest low is possibly formed, bring test of 1.3091 but break of latter level is needed to add credence to this view.

BUY USD/CAD 1.3018 TP1 1.3050 TP2 1.3080 STOPLOSS 1.2960

The post BUY USD/CAD 1.3018 TP1 1.3050 TP2 1.3080 STOPLOSS 1.2960 appeared first on CTCFM.

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