DeGRAM

DeGRAM | GBPCAD double top at the resistance level

Short
FX:GBPCAD   British Pound / Canadian Dollar
GBPCAD market is trading in an ascending channel, and it has a perfect AB=CD pattern.

Price made a double top at resistance and created an engulfing candle.

On the daily chart, the price is actually at resistance, so it will be harder to break through it.

We expecet pullback to support level that perfcatly lines up with 38.2% fibo level.



-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!

🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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.