Lingrid

GBPCAD new SELL SIGNAL

Giá xuống
FOREXCOM:GBPCAD   Bảng Anh/Đô la Canada
The price keeps falling
It is important to note that the price moves in an upward channel all this time. It was formed in the first half of September.


Recently, the price touched the upper border of this channel and began to fall. However, we now see that the stronger resistance line crosses the upper border of the channel. It will definitely affect the price growth.
This is evidenced by the fact that each touch of the line led to a fall.

Together with the channel border, this line forms a good resistance zone. I expect the price to fall. This means that we can open a sell trade.
I will not tire of reminding you of the need for SL. Use it just above the resistance lines to prevent losses in the event of a correction.

Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩‍💻

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