I believe the 📉GBPCAD pair is showing signs of being overbought.
On the 4-hour chart, there is a descending triangle pattern with the neckline being broken and a 4H candle closing below it.
This could indicate a correctional movement coming soon.
Targets for this correctional movement are at 1.8506 and 1.8446.
On the 4-hour chart, there is a descending triangle pattern with the neckline being broken and a 4H candle closing below it.
This could indicate a correctional movement coming soon.
Targets for this correctional movement are at 1.8506 and 1.8446.
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Join our Telegram channel for daily market update 👇👇
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For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
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.