The price has perfectly followed my previous analysis. Recently, the 
GBPCAD price broke and closed above the previous week's high and the psychological level at 1.85000. Following this significant breakout, the market is pulling back toward the support level, trendline, and triangle pattern. If the market remains above this support zone, the chance of continuation is high. I expect the price to reject this level and rebound, following with continuation toward the next resistance zone. This price action demonstrates classic market behavior following a key breakout, where a retest of former resistance as new support often provides an optimal entry point for traders aligned with the prevailing trend direction. My goal is resistance zone around 1.86510
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。