Technical analysis GBPCAD for 17.08.2022

17.08.2022 09:03
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.55980. The closest support is the level 1.55180

Key levels

  • 1.56790, 1.56410, 1.55980, 1.55180, 1.54750, 1.54310

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.55980, with Take Profit of 1.56410 and Stop Loss of 1.55550

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.55180, with Take Profit of 1.54750 and Stop Loss of 1.55550
Guión
Recomendación
BUY STOP

Punto de entrada
1.55980

Take Profit
1.56410

Stop Loss
1.55550

Niveles clave
1.56790, 1.56410, 1.55980, 1.55180, 1.54750, 1.54310
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.55180

Take Profit
1.54750

Stop Loss
1.55550