Gbp/Cad Sell Idea

Gbp/Cad's swing up looks exhausted on the daily time frame.

I am looking for a sell signal on the early time frames.

Some people use a moving average crossover to give them the sell signal.

I have 3 take profit's on the chart.

This idea is based upon a phenomenon knows as support and resistance.

This current area that Gbp/Cad is in , has not been broken in a few days, So this makes the current price area " A Area Of Resistance "....

But you can't sell right now! You have to wait until you get a sell signal on earlier time frames or whatever time frame you are trading on.

Please use risk management when trading. When I Trade Big , I always lose the trade. When I trade smaller and give the trade room to breathe with a decent stop loss, I usually win the trade.