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DeGRAM | GBPCAD double top at the resistance level

Short
Sterlina / Dollaro canadese (FX:GBPCAD)  
DeGRAM  
FX:GBPCAD   Sterlina / Dollaro canadese
Trend Analysis Chart Patterns Support and Resistance gbpcadanalysis gbpcadsignal
14
6
trendanalysis chartpattern supportandresistance gbpcadanalysis gbpcadsignal
GBPCAD market is trading in an ascending channel, and it has a perfect AB=CD pattern.

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 expecet pullback to support level that perfcatly lines up with 38.2% fibo level.



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