ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor GBP/CAD Long-Term Trend: Bearish
Key Resistance Levels: 1.86501, 1.87494, 1.87952
Key Support Levels: 1.85872, 1.85321, 1.84756
Daily Chart:
The price on the higher time frame has recently been in a downtrend after it tested a resistance level of 1.87494 and reversed the direction. The pair has broken a few support levels, which suggests further trend continuation.
GBP/CAD Medium-Term Trend: Bearish
15-Minute Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It has shown pullback to the marked resistace area. As of now the pair has reacted and broken the minor bullish structure before continuing the momentum.
Signal Idea:
Sell Market Order @ 1.86290
TP @ 1.85922
Stop Loss @ 1.86659
Trade Safely 🙂
This trading signal is not financial advice, it is only education, and our opinion. Any trade you take is your decision. Trade safely.
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