Get started
MMFXSignals

GBPCAD SHORT TRADE

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
MMFXSignals  
FX:GBPCAD   British Pound / Canadian Dollar
Supply and Demand Trend Lines Chart Patterns Forex Currencies GBP CAD GBPCAD crosses sellsignal signalprovider
28
0
supplyanddemand trendline chartpattern forex currencies gbp cad gbpcad crosses sellsignal signalprovider
GBPCAD rebounded from supply zone at level 1.7700
Pair respects downtrendline
Price is based below key level at 1.7335
and below HVN at level 1.7471 which indicates that pair is in distribution phase
Pair is forming descending triangle pattern
Below SMA 100
MACD shows weakness in bullish momentum
RSI is below level 50
It's expected for coming bearish wave to target the demand zone at level 1.6635
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.