SHORT trade analysis on GBPCAD.
Graph is looking bearish from upper trendline and resistance zone, which was recent Lower Low in current swing. Price recently made Hidden Bearish Divergence as well, confirming another fall. Bearish Engulfing Candle indicates sell on chart too. Trade idea is also shown on RSI indicator.
You can also check my last GBPCAD analysis.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
Graph is looking bearish from upper trendline and resistance zone, which was recent Lower Low in current swing. Price recently made Hidden Bearish Divergence as well, confirming another fall. Bearish Engulfing Candle indicates sell on chart too. Trade idea is also shown on RSI indicator.
You can also check my last GBPCAD analysis.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
