Visa is due for a reversal, this might be it. On the hourly chart there is a very loosely identified double bottom. The second bottom is slightly lower than the first, this isn't ideal but it might not matter. I'm watching for a breakthrough of the critical resistance noted on the chart.
GBPCAD reached the 200ma (1.775) on the weekly chart only to fall sharply. This price correlates with strong resistance from the week of June 18th '18 at 1.7775. I expect a bearish turnaround, but beware of brexit news. TP: 1.70 SL: 1.78
Test of neckline, watch for breakdown for confirmation.
Look for an entry above $74 when the price breaks through the top of the second base with high volume above the 20 day average. See image for details. Look for a 100% - 500% run thereafter.
On the 4H chart a an important key level was tested, 1.5115 area. Looking for a long entry
$227 is a key level, the price has broken through and will likely retest before continuing upwards. $227.65 Entry, SL @ $226, TP @ $248
$326 resistance seems broken, strong bounce off 4H-200MA, test of 200 day MA on friday. TP 340, SL 323 (or exit on a 4H candle close below 326)
Broke through 1.7424 resistance, loosing steam and can potentially test the new support zone, entry @ 1.743, SL @ 1.735, TP1 @ 1.76 TP2 @ 1.78
Bullish candle on the daily chart, Weekly chart shows a strong bullish candle as well, SL $26 PT $28
This will be a critical area, relatively long term trend lines are involved, I will update.
Broke through 1.29 with little trouble, looking for a bounce now off 1.29, keep a tight SL
Usually in this scenario I would be tempted to go long, but with the no deal brexit likely happening I think this rally wont last long. Also the RSI is getting high.
I drew up this support line, based on the lows, its good stuff, tight stop loss ($.01 or so) next support is 80 pips away