Lingrid

Lingrid | GBPCAD short from RESISTANCE zone

Short
FX:GBPCAD   Livre sterling / Dollar canadien
The market is approaching the main resistance at 1.72760. The price has broken through the downward channel. GBPCAD is moving sideways below the resistance zone. I think the price is going to take liquidity above the potential range zone and then move down because, if you look at the daily timeframe, the market has been pushed down multiple times from this level. I expect the price to form some rejection candles as confirmation and short the market. My goal is to support level 1.71800


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