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GBPCAD Sell Signal - Bears

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
cvfxwealth  
FX:GBPCAD   British Pound / Canadian Dollar
Support and Resistance Trend Lines Supply and Demand forexideas tradingsignal sellsignal fx GBPCAD
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supportandresistance trendline supplyanddemand forexideas tradingsignal sellsignal fx gbpcad
GBPCAD looks to be consolidating with price now nearing the top.

We are in a resistance zone with daily RSI about to reverse south.

Wait for a daily bear candle close under the channel then look to sell south to the bottom of the channel.

Short stop loss 50-75 pips with 300 Pips reward.


Good luck and let me know if there are any questions.

Charles V
CVFX Management
Trading made Simple
Oct: +30% growth
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