Technical analysis GBPCAD for 11.10.2022

11.10.2022 08:58
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.53360. The closest support is the level 1.52110

Key levels

  • 1.54910, 1.54200, 1.53360, 1.52110, 1.51400, 1.50430

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.53360, with Take Profit of 1.54200 and Stop Loss of 1.52750

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.52110, with Take Profit of 1.51400 and Stop Loss of 1.52750
Guión
Recomendación
BUY STOP

Punto de entrada
1.53360

Take Profit
1.54200

Stop Loss
1.52750

Niveles clave
1.54910, 1.54200, 1.53360, 1.52110, 1.51400, 1.50430
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.52110

Take Profit
1.51400

Stop Loss
1.52750