GBPCAD failed to break and close above the descending channel.
The market has rejected local resistance by creating double top.
Notice, price action approached the level by printing small 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!
The market has rejected local resistance by creating double top.
Notice, price action approached the level by printing small 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!
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.