GBPCAD market is trading in an ascending channel.
However price made a divergence at the resistance level and dropped.
The market on the D chart is heavily bearish, so the ascending channel is just a pullback.
We expect a pullback to the support level that perfectly lines up with the 61.8% fibo level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
However price made a divergence at the resistance level and dropped.
The market on the D chart is heavily bearish, so the ascending channel is just a pullback.
We expect a pullback to the support level that perfectly lines up with the 61.8% fibo level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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