bearish expectancy

19 thg 4, 2020

GBPCAD
this is one of the mot promising pairs for me in the coming weeks. from a weekly timeframes the price reached a very significant level of resistance that has proven to be holding for more than 4times and with that as a fact im expecting the price to respect the same level and push down wards. I also construct a clear trendline and the touch to which we are at present is the 3rd touch and confidently i executed the trade. however it was an aggressive entry thou w also have a clear double top formation. im expecting the price to push down and then pullback to find further power as clearly on the chart