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Tradingwithtamil
Nov 18, 2019 9:05 AM

The GBP/CAD Cross Rose To Test A Key Resistance Level For A Drop Short

OANDA:GBPCAD240
GBP/CADOANDA

Description

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From a Technical view of support and resistance, the GBP/CAD cross rose to test a key resistance level in early trading of today. We seeing price at a key resistance area for the beginning of a drop.

Signal Specification

Pair:GBPCAD Sell

Entry: 1.71263

Pending Entry: 1.71927

Tp: 1.67284

Sl: 1.73167

R/R: 2.09

Trade closed: stop reached

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