GBPCAD: The Price Reversal from Solid Resistance Zone

Livre sterling / Dollar canadien (FX:GBPCAD)

FX:GBPCAD Livre sterling / Dollar canadien

trendanalysis supportandresistance indicator gbpcad forex forexsignals

The price reached the resistance zone. We got reversal candlestick patterns. RSI and MACD histogram confirmed the price reversal.

We have a sell opportunity, and it is possible to search for entry points using the daily and hourly timeframes.

Stop orders must be placed above the local swing high. Profit targets are the support zones.

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