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Chibuike_Odoh

GBPCAD - Potential breakdown đź”˝

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
Chibuike_Odoh  
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators GBP CAD GBPCAD Forex currency
3
0
trendanalysis chartpattern indicator gbp cad gbpcad forex currency
GBPCAD is rejected the long term resistance level.
RSI printed a bearish divergence signal.
The market is consolidating in pennant chart pattern.
Sell entry - breakdown below the pennant support + previous low ⬇️.
Sell confirmation - breakdown of RSI rectangular pattern support.

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