Lingrid

GBPCAD FALL after "Triangle" pattern

Corto
FX:GBPCAD   Libra esterlina/Dólar canadiense
In 2016, the pair's price entered the “Descending Triangle” pattern, which is a reversal. This means that after the complete formation of the pattern, the price changes the trend. The price entered the pattern in an uptrend.


In September 2020, the price exited this pattern by breaking through its upper border - the support line. And she began to grow. And now we see that the price has fixed on this line, rallied and came to a small resistance line.
I expect the price to stop, bounce off this line and start falling towards the intersection of the two support lines.

Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩‍💻

📚The BEST Trading Course: t.me/lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.