#GBPCAD Price is trading the nearby Resistance Area once the price comes with marked resistance, you will confirm any bearish candlestick formation.
Why we like it:
Price Trading in 4HR and 1HR Resistance area
Attend the 100% fib level
Retrace the price and expect to touch the 50EMA
1st support:
1.73709
Next Zone area & horizontal swing Low support
1st Resistance
1.75745
Zone area & horizontal swing high resistance
Why we like it:
Price Trading in 4HR and 1HR Resistance area
Attend the 100% fib level
Retrace the price and expect to touch the 50EMA
1st support:
1.73709
Next Zone area & horizontal swing Low support
1st Resistance
1.75745
Zone area & horizontal swing high resistance
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.
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.