ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor GBP/CAD Long-Term Trend: Bearish
Key Resistance Levels: 1.87851, 1.88234, 1.89133
Key Support Levels: 1.87592, 1.87114, 1.86712
Daily Chart:
The price on the higher time frame has recently tested a strong resistance level and reversed the direction. The pair has shown a bearish reaction from the marked supply zone which suggests a downtrend momentum.
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 support area at 0.57697. As of now the pair has reacted and broken the minor bearish structure before continuing the momentum.
Signal Idea:
Sell Market Order @ 1.87724
TP @ 1.87559
Stop Loss @ 1.87889
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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