GBPCAD Sell opportunity on this signal
GBPCAD is trading inside a double Channel Up pattern, with a rejection yesterday on the shorter term pattern.
The 1day RSI is about to cross under its MA, which has always been a sell signal when on a bullish trend (above 55.00).
Wait for its completion and sell, targeting the 1day MA50 at 1.69400.
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The 1day RSI is about to cross under its MA, which has always been a sell signal when on a bullish trend (above 55.00).
Wait for its completion and sell, targeting the 1day MA50 at 1.69400.
Follow us, like the idea and leave a comment below!!
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