short of GBPCAD

٣ نوفمبر ٢٠٢٠

This pair was short because of the following reasons;
1. Overall trend on the daily chart is a downward trend
2. A break and retest of a H1 support now turned resistance
3. A Double top formation at retest of resistance

٣ نوفمبر ٢٠٢٠

ملاحظة

4. The market also tests a psychological level of 1.71100