GBPCAD created the ascending channel, which is a pullback following the bearish move.
However, the major move is in the descending channel.
Price is printing the AB=CD pattern, and it is likely it will complete the D point.
We anticipate a breakout of the channel and a bearish move.
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However, the major move is in the descending channel.
Price is printing the AB=CD pattern, and it is likely it will complete the D point.
We anticipate a breakout of the channel and a bearish move.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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