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John_Mwaniki

GBPCAD Analysis: Price at the resistance line of channel

Short
British Pound / Canadian Dollar (OANDA:GBPCAD)  
John_Mwaniki  
OANDA:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators GBPCAD gbpcadshort gbpcadsetup gbpcadanalysis Descending Channel
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trendanalysis chartpattern indicator gbpcad gbpcadshort gbpcadsetup gbpcadanalysis descendingchannel
In daily TF, price has been following a falling channel since January 2018 and has now come to test the resistance line once again.
It doesn't manage to break it and bounces off, then it will be a good sell entry. Keep monitoring it for any signs of rejection.
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