GBPCAD is approaching a significant resistance area between 1.87821 and 1.88009.
If buyers fail to push the price above 1.88009, we expect a short-term bearish reaction from this zone. The current rally appears to be reaching an area where selling pressure could emerge, potentially driving the pair lower toward 1.87477, 1.87164, 186816 and 1.86468
A confirmed rejection from resistance would strengthen the bearish outlook, while a breakout above 1.88009 could invalidate this scenario and signal further upside continuation.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
❤️ Like and subscribe to never miss a new idea!
If buyers fail to push the price above 1.88009, we expect a short-term bearish reaction from this zone. The current rally appears to be reaching an area where selling pressure could emerge, potentially driving the pair lower toward 1.87477, 1.87164, 186816 and 1.86468
A confirmed rejection from resistance would strengthen the bearish outlook, while a breakout above 1.88009 could invalidate this scenario and signal further upside continuation.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
❤️ Like and subscribe to never miss a new idea!
Trade active
GBP/CAD bearish setup played out perfectly.✅ TP3 Reached
🔥 +140 Pips and still running
💎 HENG FOREX95 : Trading Community
• Free Trading Signals (Daily) 📈
• Best Broker Rates & Rebates ✅
• Partnership Support 🤝
🌐 Linktree (All Connections):
linktr.ee/hengforex95
• Free Trading Signals (Daily) 📈
• Best Broker Rates & Rebates ✅
• Partnership Support 🤝
🌐 Linktree (All Connections):
linktr.ee/hengforex95
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.
💎 HENG FOREX95 : Trading Community
• Free Trading Signals (Daily) 📈
• Best Broker Rates & Rebates ✅
• Partnership Support 🤝
🌐 Linktree (All Connections):
linktr.ee/hengforex95
• Free Trading Signals (Daily) 📈
• Best Broker Rates & Rebates ✅
• Partnership Support 🤝
🌐 Linktree (All Connections):
linktr.ee/hengforex95
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.