GBPCAD > Clearly Defined Downtrend, Looking for A Sell
Analysis of #GBPCAD
The GBPCAD is still in a downtrend we can still look to sell this market, looking at the chart you see we have clearly defined trendline support and trendline resistance,
if the market comes to test trendline resistance we can look for a reversal pattern at trendline resistance near the 1.55000 critical market level to get in a sell trade
Please support me by boosting this idea so it can get to more and more traders
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
The GBPCAD is still in a downtrend we can still look to sell this market, looking at the chart you see we have clearly defined trendline support and trendline resistance,
if the market comes to test trendline resistance we can look for a reversal pattern at trendline resistance near the 1.55000 critical market level to get in a sell trade
Please support me by boosting this idea so it can get to more and more traders
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.