DeGRAM | GBPCAD divergence at the resistance level
GBPCAD market is trading in an ascending channel, and it created divergence at the resistance.
Price made a double top at resistance and created an engulfing candle.
On the daily chart, the price is actually at resistance, so it will be harder to break through it.
We expect a pullback to the support level that perfectly lines up with the 50.0% fibo level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Price made a double top at resistance and created an engulfing candle.
On the daily chart, the price is actually at resistance, so it will be harder to break through it.
We expect a pullback to the support level that perfectly lines up with the 50.0% fibo level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex