TheTradersAvenue

GBPCAD > Clearly Defined Downtrend, Looking for A Sell

Short
OANDA:GBPCAD   British Pound / Canadian Dollar
Analysis of #GBPCAD


The GBPCAD is still in a downtrend we can still look to sell this market, looking at the chart you see we have clearly defined trendline support and trendline resistance,

if the market comes to test trendline resistance we can look for a reversal pattern at trendline resistance near the 1.55000 critical market level to get in a sell trade


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