DeGRAM | GBPCAD selling opportunity from confluence level

GBPCAD is moving in the ascending channel; it is creating the harmonic pattern where the D point completes right at the psychological level.

Price is approaching the previous high, where the market dropped.

The market created a confluence level where we have a harmonic pattern, psychological level, fibo extension level, and dynamic resistance.

We expect a bearish move from the confluence.



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Chart PatternsgbpcadanalysisgbpcadsignalSupport and ResistanceTrend Analysis

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