GBPCAD - Daily Timeframe
Price currently at resistance level, closing of the market on Friday there was a nice bearish candle close. Also, price is trapped within a rising wedge. I will be looking for a short (SELL) trade at the break of the lower ascending trend line of the rising wedge, I will be expecting the market to go to the key support level at roughly 1.6800.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.