GBPCAD broke and closed below the ascending channel .
The market has reached major resistance.
Notice, price action approached the level by printing big red candles, indicating that there's no strength to go higher.
Price action is likely to pullback to the support level and go further down.
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The market has reached major resistance.
Notice, price action approached the level by printing big red candles, indicating that there's no strength to go higher.
Price action is likely to pullback to the support level and go further down.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.