Here we have an interesting opportunity from a reversal candle on D1
Yesterday GBPCAD closed very strongly down, leaving a long queue at the top before that.
In this way he managed to absorb the day before.
Viewed on the H1 chart, this represents a break of the upward trend.
At the moment we can expect a correction and test of the resistance levels, after which we will see new downward pressure.
The next serious support is at 1.7593!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
Yesterday GBPCAD closed very strongly down, leaving a long queue at the top before that.
In this way he managed to absorb the day before.
Viewed on the H1 chart, this represents a break of the upward trend.
At the moment we can expect a correction and test of the resistance levels, after which we will see new downward pressure.
The next serious support is at 1.7593!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
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💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
