GBPCAD Zoomed in Short Short

British Pound/Canadian DollarFXCM

Description

⋅ Feb 8, 2017 7:44 PM

On the 1h chart, we can see the main resistance trendline, and the 1h support trendline.

Price has been rejected off the area below and around the black resistance TL several times, soon it will be going down.

Comment

⋅ Feb 9, 2017 6:26 PM

GCad just does not know what it wants with that third retest.

GBPCAD 1h priceaction support Support and Resistance Trend Lines Bearish Patterns short