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GBPCAD FREE FALL TO TARGET 1.6360

CHARTS TIMEFRAMES USED: MONTHLY AND WEEKLY CHARTS
TECHNICAL INDICATORS USED: ADX, MOMENTUM INDICATOR, sTOCHASTIC INDICATOR, CANDLESTICKS.
AS SHOWN IN THE NEXT MONTHLY CHART, WE CAN SEE ALL THE INDICATORS ESPECIALLY THE MOMENTUM INDICATOR GENERATES A STRONG SELL OFF SIGNAL, AND THE DOWNTREND IS STILL AT IT'S STRONGEST STATE.
THAT CONFIRMED BY THE STOCHASTIC INDICATOR AND MOMENTUM INDICATOR AS IS SHOWN BELOW.
ON THE THE NEXT WEEKLY CHART WE SEE THE ADX INDICATOR AND MACD HISTOGRAM GIVE A STRONG SI…
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ABOZAHRA74 avatar

nice

vap61 avatar
vap61 28 Sie

только время нас рассудит!)), лайк за смелый прогноз))

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USDJPY TAKES OFF TO HIT 117.00 WITH POWERFUL MOMENTUM


This technical analysis is based on daily ,weekly, and monthly charts , various technical tools are used to get a clear prediction for the 3 Rd of September , the technical Momentum analysis has been utilized .
What we have here is a confluence of Momentum signals combined with bullish pattern formation which suggest that USDJPY is on the way up to hit the 114.00 strong resistance .
i the monthly chart we have also a Bullish hammer candle along with stochastic buy signal
in the weekly chart we…
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